Thor Industries Reports Earnings As Pandemic RV Demand Dissipates

December 6, 2022

Thor Industries (THO) reports first-quarter 2023 earnings early Wednesday as demand for RVs appears to be retreating from pandemic highs. Thor stock dropped Tuesday.

There were a total of 32,652 RV shipments in October, a decrease of 43.7% compared to October 2021, according to the most recent numbers from the RV Industry Association. The industry association also reports that between January 2022-October 2022, RV shipments are down 12% compared to the same point last year.