Click Here to Login
Thread: Really?
View Single Post
Old 11-30-2015, 11:25 PM   #1
sikoriko
Senior Member
 
sikoriko's Avatar
 
Brand: Thor Motor Coach
Model: Chateau 23U
State: California
Posts: 179
THOR #1490
Really?

Just read this today.
Recreational vehicle maker Thor Industries Inc. THO, +0.73% on Monday reported higher first-quarter profit and a 12% increase in revenue, bolstered by recent acquisitions.
Thor, which sells RVs in the U.S. and Canada, reported a 6% increase in towable RV sales, helped by acquisitions, and a 13% sales increase in the pricier motorized RVs.
Overall, the Elkhard, Ind., company reported a profit of $50.5 million, or 96 cents a share, up from $38.9 million, or 73 cents a share, a year earlier.
Sales rose to $1.03 billion from $922 million a year earlier.
Analysts surveyed by Thomson Reuters projected profit of 83 cents a share on $1.01 billion in sales.
Gross profit margin improved to 14.8% from 12.8% a year earlier.
Backlog, meanwhile, rose 16% to $1.05 billion, with motorized RV backlog up 33% to $341 million.

GO Thor.... or GO San Diego Chargers
Shares closed Monday at $57.92, up 3.7% for the year.
The company's annual shareholders' meeting is scheduled for Dec. 8.
Write to Maria Armental at maria.armental@wsj.com
__________________
sikoriko is offline   Reply With Quote
 
» Featured Campgrounds

Reviews provided by

Disclaimer:

This website is not affiliated with or endorsed by Thor Industries or any of its affiliates. This is an independent, unofficial site.




All times are GMT. The time now is 02:00 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2019, vBulletin Solutions, Inc.