secwatch.observer — SEC 8-K summary
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Issuer:     THOR INDUSTRIES INC (THO)
CIK:        0000730263
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001171843-23-003786
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

THOR Q3 earnings: net sales down 37% to $2.93B, EPS $2.24 vs $6.32, guidance raised
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- Q3 net sales $2.93B, down 37.1% YoY; diluted EPS $2.24 vs $6.32 prior year.
- North American Towable sales down 57.4% on 57.3% unit shipment decline; Motorized down 24.4%.
- European segment net sales up 19.7%, gross margin 17.5% vs 13.8% YoY.
- FY 2023 guidance: diluted EPS raised to $5.80-$6.50 (prev $5.50-$6.50); net sales narrowed to $10.5-$11.0B.
- Net cash from operations $474.1M for nine months; debt paydown of $90M on Term Loan B and $35M on ABL in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/730263/000117184323003786/0001171843-23-003786-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/730263/000117184323003786/f8k_060523.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-003786

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