---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-007451"
form_type: "8-K"
ticker: "THO"
cik: "0000730263"
company_name: "THOR INDUSTRIES INC"
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:34:37.657571+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# THOR Q1 net sales $2.50B (-19.5%); EPS $0.99 vs $2.53; reaffirms FY2024 guidance

## Summary
- Consolidated net sales $2.50B, down 19.5% YoY; diluted EPS $0.99 vs $2.53; net income $53.6M.
- North American Towable sales -28.3%, Motorized -36.7%; European segment +40.4% on pricing and FX.
- Reaffirms FY2024 guidance: net sales $10.5-11.0B, gross margin 14.5-15.0%, EPS $6.25-7.25.
- Declared 7% dividend increase (14th consecutive year); repurchased $30M of stock in Q1.
- Amended term loan to extend maturity to Nov 2030 and reduce margin by 0.25%; ABL extended to Nov 2028.

## SEC filing metadata
- accession: 0001171843-23-007451
- form_type: 8-K
- ticker: THO
- cik: 0000730263
- company_name: THOR INDUSTRIES INC
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730263/000117184323007451/0001171843-23-007451-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730263/000117184323007451/f8k_120523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-007451
- JSON: https://secwatch.observer/filing/0001171843-23-007451.json
- Plain text: https://secwatch.observer/filing/0001171843-23-007451.txt

## Key facts
- Earnings Releases
  THOR INDUSTRIES INC updated its full-year fiscal 2024 guidance (reaffirmed).
  - Period: full-year fiscal 2024
  - Guidance: reaffirmed
  - Result: guidance update
  source text: The Company reaffirms its full-year fiscal 2024 consolidated net sales, consolidated gross profit margin and diluted earnings per share guidance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/730263/000117184323007451/0001171843-23-007451-index.htm
- Earnings Releases
  THOR INDUSTRIES INC reported first quarter ended October 31, 2023 results: revenue $2.50 billion, net income $53.6 million, EPS $0.99. Guidance reaffirmed.
  - Period: first quarter ended October 31, 2023
  - Revenue: $2.50 billion
  - Net income: $53.6 million
  - EPS: $0.99
  - Guidance: reaffirmed
  - Result: reported results
  source text: & Continues to Navigate Prolonged Challenging Environment With a Prudent Focus on Operational Execution Fiscal First Quarter 2024 Highlights Net sales for the first quarter were $2.50 billion. Consolidated gross profit margin for the first quarter was 14.3%. Net income attributable to THOR Industries and diluted earnings per share for the first quarter of fiscal 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/730263/000117184323007451/0001171843-23-007451-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.