By Users UK

Main Menu

  • Home
  • Gross Income
  • Plaza Agreement
  • Official Settlements Balance
  • Capital Abundant
  • Accounts

By Users UK

Header Banner

By Users UK

  • Home
  • Gross Income
  • Plaza Agreement
  • Official Settlements Balance
  • Capital Abundant
  • Accounts
Gross Income
Home›Gross Income›Thor Industries, Inc. (NYSE: THO) – Thor Industries best fourth quarter earnings estimates

Thor Industries, Inc. (NYSE: THO) – Thor Industries best fourth quarter earnings estimates

By Daniel Bingham
September 28, 2021
0
0
  • Recreational vehicle manufacturer Thor Industries Inc (NYSE: THO) reported fourth-quarter Fiscal 21 sales growth of 54.6% year-on-year to $ 3.59 billion, beating analysts’ consensus of $ 3.33 billion.
  • North American towable RVs revenue increased 46.4% year-on-year, North American motorized RVs climbed 124.6%, and European RVs increased 31.1%.
  • Gross profit margin increased 170 basis points year-on-year to 16.6%. Selling, general and administrative expenses increased 61.2% year-over-year to $ 250.13 million.
  • The company had $ 448.7 million in cash and cash equivalents as of July 31, 2021. Thor’s long-term debt was $ 1.6 billion.
  • EPS of $ 4.12 beat analyst consensus of $ 2.93.
  • Outlook: Thor Industries said it continues to operate in an uncertain period entering FY22 amid supply chain shortages and a tight labor market.
  • “While we expect these factors to continue to present challenges in fiscal 2022, our positive long-term outlook for the RV industry and THOR Industries remains unchanged,” said President and CEO Bob Martin.
  • Price action: THO shares traded up 2.75% to pre-market $ 115.9 during the last check on Tuesday.

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Related posts:

  1. UFP Applied sciences proclaims its 2020 outcomes Nasdaq: UFPT
  2. Letters to the Editor | Geauga County Maple Leaf
  3. The legislation completely establishes a chance grant program for neighborhood faculties
  4. SBA dramatically will increase PPP mortgage quantity eligibility for brand new Schedule C debtors
Tagslong term

Recent Posts

  • Alico reports net profit of $30.8 million
  • Knowledge Marine & Engineering Works Ltd announces 2021-22 results, solid revenue growth coupled with tripling of PAT
  • Get up to $1000 in site credit if your first bet loses
  • Hello, Buffalo for May 8: Is Bills’ Stadium deal with New York State and Erie County really “one of the worst” ever? |
  • The dilapidated Intimidators stadium is set to be demolished, given new life as an industrial park – Salisbury Post

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • March 2021

Categories

  • Accounts
  • Capital Abundant
  • Gross Income
  • Official Settlements Balance
  • Plaza Agreement

Recent Posts

  • Alico reports net profit of $30.8 million
  • Knowledge Marine & Engineering Works Ltd announces 2021-22 results, solid revenue growth coupled with tripling of PAT
  • Get up to $1000 in site credit if your first bet loses
  • Hello, Buffalo for May 8: Is Bills’ Stadium deal with New York State and Erie County really “one of the worst” ever? |
  • The dilapidated Intimidators stadium is set to be demolished, given new life as an industrial park – Salisbury Post

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • March 2021

Categories

  • Accounts
  • Capital Abundant
  • Gross Income
  • Official Settlements Balance
  • Plaza Agreement
  • TERMS AND CONDITIONS
  • Privacy Policy