Thor Industries, Inc. (THO)
The company now
THOR Industries, the world's largest maker of recreational vehicles, reported net sales of $9.61 billion for the fiscal year ended 31 July 2026 1.
That was up 0.3 percent on the year before, but net income attributable to THOR was $177.5 million 12.
Gross profit, which is revenue minus the cost of making the vehicles, was 12.6 percent of sales, down from 14.0 percent 2.
Chief executive Bob Martin said earnings did not keep pace with sales because affordability worries and rising material costs pressed gross margins 1.
Fourth-quarter net sales were $2.31 billion 1. North American towable unit shipments fell 19.7 percent in the quarter, while European net sales rose 5.0 percent 1.
On 22 September THOR said it expects a "relatively flat retail environment" in fiscal 2027 and will give full guidance later this fall 1.
On 13 October the board raised the regular quarterly dividend 3.8 percent to $0.54 a share 4.
As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.