Thor Industries Inc: Annual report
Thor Industries reported flat net sales and lower pre-tax earnings in fiscal 2026 as North American towable demand softened and cost pressures compressed margins.
Mixed for the companyWhat the numbers say
Revenue was flat at $9.6B versus the prior year; gross margin narrowed from 14.0% to 12.6%; diluted EPS $3.38 versus $4.84; operating cash flow $321.2M (a year earlier $577.9M); cash fell by $104.6M to $482M while debt fell by $55M; diluted share count down 1.6% (buybacks).
What happened
- Consolidated net sales increased $28,655 to $9,608,145, supported by foreign currency exchange gains and growth in motorized products.
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