Earnings Alerts

Thor Industries (THO) Earnings: 2Q Net Sales Surpass Expectations Despite Margin Shortfall

  • Thor Industries reported second-quarter net sales of $2.02 billion, surpassing the estimated $1.98 billion.
  • The company’s gross margin was reported at 12.1%, slightly below the estimated 13.2%.
  • There was a loss per share of 1.0 cent in the second quarter.
  • Among analysts, there are 6 buy ratings, 10 hold ratings, and 2 sell ratings for Thor Industries.

Thor Industries on Smartkarma




Analyst Coverage of <a href="https://smartkarma.com/entities/thor-industries-inc">Thor Industries</a> on Smartkarma

Analysts on Smartkarma, like those from Value Investors Club, have been bullish on Thor Industries (THO). According to a recent report published on Thursday, Jun 27, 2024, Thor is recognized as the largest RV manufacturer globally, specializing in towable RVs and motorhomes. The company’s business is segmented, with North America focused on towables and Europe inclined towards motorhomes. In 2023, around 70% of Thor’s EBITA was generated in North America, while Europe contributed the remaining portion. Additionally, Thor also engages in selling parts to other OEMs and the aftermarket, showcasing a diversified revenue stream. The insights provided by Value Investors Club shed light on Thor’s prominent position in the RV industry.

Through Smartkarma, independent analysts offer valuable perspectives on companies like Thor Industries, providing essential insights for investors. The research report on Thor, reflecting a bullish sentiment, underscores the company’s strategic focus on different RV segments across regions. With detailed analysis and data-driven forecasts, analysts aim to guide investors navigating the complex landscape of the RV market. The holistic approach taken by analysts, as exemplified by the report from Value Investors Club, offers a comprehensive view of Thor Industries‘ operations and potential growth opportunities, equipping investors with the necessary information to make informed decisions.



A look at Thor Industries Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth2
Resilience3
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Thor Industries, Inc. is positioned well for the long term based on its Smartkarma Smart Scores. With a strong Value score of 4, the company is deemed to be trading at an attractive valuation compared to its peers. Additionally, Thor Industries receives a solid score of 3 for both Dividend and Resilience, indicating stable dividend payouts and a resilient business model. While the Growth and Momentum scores are lower at 2 and 3 respectively, the overall outlook remains positive given the company’s established market presence and product range.

Thor Industries, Inc. is a leading producer and distributor of recreational vehicles, offering a diverse portfolio under various brand names like Airstream Classic, Dutchmen, and Four Winds. Operating through independent dealers in the U.S. and Canada, Thor Industries has built a strong reputation in the industry. With a favorable combination of Value, Dividend, and Resilience scores, the company appears well-positioned to navigate challenges while capitalizing on growth opportunities in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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