secwatch.observer — SEC 8-K summary
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Issuer:     THOR INDUSTRIES INC (THO)
CIK:        0000730263
Form:       8-K
Filed at:   2023-03-07T23:59:59+00:00
Accession:  0001171843-23-001465
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

THOR Industries Q2 EPS $0.50 vs $4.79; cuts FY23 guidance to $5.50-$6.50
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- Net sales $2.35B, down 39.4% YoY; diluted EPS $0.50 vs $4.79.
- North American Towable RV net sales -58.2%, gross margin 6.4% (vs 19.0%).
- Revised FY2023 guidance: net sales $10.5-$11.5B (prev $11.5-$12.5B), EPS $5.50-$6.50 (prev $7.40-$8.70).
- Generated $91.3M operating cash flow in Q2, total liquidity $1.2B; paid $48.2M dividends.
- European RV net sales -10.6%, gross margin improved to 14.1% (up 160 bps).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/730263/000117184323001465/0001171843-23-001465-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/730263/000117184323001465/f8k_030623.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-001465

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer