财务业绩 - 2024财年第四季度净销售额为25.34亿美元，同比下降7.4%[3] - 2024财年第四季度综合毛利率为15.8%，同比提升140个基点[3] - 2024财年第四季度每股收益为1.68美元，与上年同期持平[3] - 2024财年全年净销售额为100.43亿美元，同比下降9.7%[4] - 2024财年全年每股收益为4.94美元，同比下降28.9%[4] - 公司在2024财年第四季度和全年期间进行了股票回购[3][4] - 公司2024财年第四季度收入为25.11亿美元，同比增长0.7%[37] - 2024财年全年收入为100.11亿美元，同比增长3.5%[37] - 2024财年第四季度净利润为9.15亿美元，同比增长3.6%[37] - 2024财年全年净利润为26.53亿美元，同比增长2.6%[37] - 2024财年第四季度每股收益为1.70美元，同比增长0.6%[37] - 2024财年全年每股收益为4.98美元，同比增长4.8%[37] 分部经营情况 - 2024财年第四季度北美可拖式RV销量增长16.3%，但平均售价下降16.2%[10] - 2024财年第四季度北美机动式RV销量下降25.1%，但毛利率提升420个基点至12.8%[14] - 2024财年第四季度欧洲RV销量下降14.6%，但毛利率仅下降30个基点至18.7%[16] - 第四季度北美可拖拽房车分部销售额持平,毛利率提升70个基点[19] - 第四季度北美机动车分部销售额下降21%,可负担性仍是挑战[19] - 欧洲分部第四季度毛利率下降30个基点,但全年市场份额增加3.5%成为欧洲市场领导者[21] 现金流与财务状况 - 全年经营活动产生现金5.455亿美元,偿还债务2.242亿美元,回购股票6840万美元[22][23] - 2024年7月31日现金及等价物余额为5.01亿美元，较上年同期增加13.6%[38] - 2024年7月31日存货净额为13.67亿美元，较上年同期下降17.3%[38] - 2024年7月31日总资产为70.21亿美元，较上年同期下降3.3%[39] - 2024年7月31日股东权益为40.74亿美元，较上年同期增加2.3%[38] 未来展望 - 2025财年预计北美市场批发出货量在330,000-345,000辆,欧洲市场销售额将下降[29] - 2025财年预计合并净销售额90-98亿美元,毛利率14.7%-15.2%,每股收益4.00-5.00美元[30] - 预计2026财年将迎来更强劲的零售环境,公司有望获得市场份额增长和每股收益大幅提升[30] - 公司管理层表示将保持谨慎的生产策略以应对当前的市场挑战[6][7]

2024 Highlights ($ in thousands, except for per share data) | --- | --- | --- | --- | --- | --- | --- | |---------------------------------|---------------|--------------------------------|----------|------------------------------------|----------------|---------| | | 31, \n2024 | Three Months Ended July \n2023 | Change | Fiscal Years Ended July 31, \n2024 | 2023 | Change | | Net Sales | $ 2,534,167 | $ 2,738,066 | (7.4)% | $ 10,043,408 | $ 11,121,605 | (9.7)% | | Gross Profit | $ 401,331 | $ 394,305 | 1.8% ...

"Electrification will play a central role in the future of mobility, including RVing," said THOR Industries President and CEO Bob Martin. "This first-of-its-kind hybrid platform and our ongoing collaboration with Harbinger are reinforcing THOR's leadership in this segment and creating major points of product differentiation for our family of companies." THOR's Test Vehicle is a demonstration hybrid RV constructed on a Harbinger platform, which was purposebuilt for the unique range requirements of the RV ind ...

Thor Industries, Inc. THO will release earnings results for its fiscal 2024 fourth quarter, before the opening bell on Tuesday, Sept. 24. Analysts expect the company to report quarterly earnings at $4.83 per share, up from $4.55 per share in the year-ago period. Thor Industries projects to report revenue of $21.99 billion for the quarter, according to data from Benzinga Pro. On June 19, THOR Industries said its Board of Directors approved the payment of a regular quarterly cash dividend of 48 cents per shar ...

Wall Street analysts forecast that Thor Industries (THO) will report quarterly earnings of $1.35 per share in its upcoming release, pointing to a year-over-year decline of 19.6%. It is anticipated that revenues will amount to $2.45 billion, exhibiting a decline of 10.6% compared to the year-ago quarter. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of ...

ELKHART, Ind., Sept. 10, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that the date for its fiscal 2024 fourth quarter earnings release will be on Tuesday, September 24, 2024, before the market opens. Upon the release of THOR's fiscal 2024 fourth quarter earnings, the Company will concurrently publish a copy of the earnings release, a comprehensive question and answer document and a slide presentation on the Company's website. To view the quarterly earnings documents, please go ...

ELKHART, Ind., June 19, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its June 19, 2024 meeting, the payment of a regular quarterly cash dividend of $0.48 per share. The regular cash dividend is payable on July 18, 2024, to shareholders of record at the close of business on July 3, 2024. About THOR Industries, Inc. THOR is the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational veh ...

ELKHART, Ind., June 19, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its June 19, 2024 meeting, the payment of a regular quarterly cash dividend of $0.48 per share. The regular cash dividend is payable on July 18, 2024, to shareholders of record at the close of business on July 3, 2024. About THOR Industries, Inc. THOR is the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational veh ...

文章核心观点 - RV行业正在重回增长轨道,预计未来6个季度将加速增长[1] - 利率下降将刺激RV等可选消费市场[1] - 行业龙头企业THOR Industries(THO)和Winnebago(WGO)的股价已修正至一年低点,为投资者提供了良机[2][3] 行业和公司总结 行业概况 - RV行业受疫情影响先是创下历史新高,随后出现50%的大幅收缩[1] - 随着利率下降,行业有望重拾增长动力[1] THOR Industries (THO) - 第三季度业绩超预期,但公司调低了全年指引[5] - 公司将专注于维持利润率和资本开支纪律,而非追求低利润增长[6] - 分析师对THO股票维持"中性买入"评级,认为目前股价已接近合理估值[8] Winnebago (WGO) - 预计将在7月初公布第三季度业绩,可能也会出现类似的强劲表现[7] - 分析师已大幅下调对WGO的目标价,但仍给予"买入"评级,认为目前股价处于低估水平[8] 投资机会 - 两家公司股价波动较大,但整体呈上升趋势,为投资者提供了多次买入良机[9] - 只要机构投资者没有大规模抛售,这两只股票有望在不久后触底反弹[10] - 但利率政策是关键风险因素,联储加息步伐和时间将影响反弹时间和幅度[10]

The company registered revenues of $2.80 billion for the fiscal third quarter, outpacing the Zacks Consensus Estimate of $2.72 billion. The top line declined 4.4% year over year. North American Towable RVs: Revenues from the segment came in at $1.07 billion, down 4.7% year over year due to a decrease in overall net price per unit. The figure, however, topped our estimate of $1.02 billion. North American Motorized RVs: Revenues from the segment totaled $646.9 million, which fell 18.7% year over year, owing t ...