Thor Industries, Inc. (NYSE: THO) announced on September 24, 2025, its fiscal 2025 fourth‑quarter and full‑year financial results. The company reported consolidated net sales of $2.523 billion for the quarter, a 0.4% year‑over‑year decline, and diluted earnings per share of $2.36, surpassing the consensus estimate of $1.27. The earnings beat was driven by strong performance in the North American Towable and North American Motorized segments, which contributed to a modest revenue increase and a higher operating margin.
The company’s full‑year guidance remains unchanged, with projected consolidated net sales of $9.0 billion to $9.5 billion and diluted earnings per share of $3.30 to $4.00. Thor also highlighted its robust liquidity position, reporting $508.3 million in cash and $985.0 million of available credit, and reaffirmed its commitment to generating strong cash flow from operations to support debt reduction and shareholder returns.
Thor’s earnings announcement underscores the company’s resilience amid a volatile macroeconomic environment. The results demonstrate that Thor’s scale and diversified brand portfolio continue to support profitability, while the unchanged guidance signals confidence in its operational strategy and market positioning for the remainder of fiscal 2025.
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