Thor Posts Higher 2Q Sales as Motorized RVs Offset Towable-RV Weakness

Dow Jones
Mar 03
 

By Nicholas G. Miller

 

Thor Industries reported higher fiscal second-quarter sales as strength in its North American motorized-recreational-vehicles segment helped counteract a decline in its towable-RVs business.

The company posted net income of $17.8 million for the quarter, or 34 cents a share, compared with a loss of $551,000, or 1 cent a share, the year prior. Analysts polled by FactSet expected a profit of 4 cents a share.

Sales rose 5.3% to $2.13 billion. Wall Street expected $1.96 billion. North American motorized RV sales jumped 29% to $577.1 million, helping to offset a 14% decline to $710.5 million in North American towable RV sales.

The company reiterated its fiscal 2026 guidance for net sales of $9 billion to $9.5 billion and earnings of $3.75 to $4.25 a share. Analysts see fiscal-year sales of $9.64 billion and earnings of $4.25 a share.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

March 03, 2026 06:50 ET (11:50 GMT)

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