THOR Industries reports record FY2022 net sales of $16.31B and EPS $20.59

THOR INDUSTRIES INC

2022-FY EPS reported $20.59 revenue$16,312,525,000

Consolidated FY2022 net sales of $16.31B (+32.4% YoY); diluted EPS $20.59 (+73.8%).
Q4 net sales $3.82B (+6.4% YoY); diluted EPS $5.15 (+25.0%).
Board authorized additional $450M share repurchase, raising total FY2022 authorization to ~$700M.
North American Towable segment Q4 backlog fell 72.3% to $2.57B; gross margin declined 270bps to 15.2%.
Management to provide FY2023 annual guidance with Q1 FY2023 earnings release.

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