Thor Industries (THO) Misses Q2 EPS by 51c; Guides Lower

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THOR Industries Announces Second Quarter Fiscal 2023 Results

March 7, 2023 6:30 AM EST

DELIVERS RESILIENT PERFORMANCE IN CHALLENGING MARKET ENVIRONMENT

Net sales for the second quarter were $2.35 billion, a decrease of 39.4% compared to the record second quarter of fiscal 2022 and a decrease of 14.0% over the same quarter of fiscal year 2021.Consolidated gross profit margin for the second quarter was 12.1%, a decrease of 530 basis points when compared to the second quarter of fiscal year 2022 and a 310 basis point decrease compared to the second quarter of fiscal year... More