THOR Q2 diluted EPS $0.13, net sales $2.21B; FY2024 EPS guidance cut to $5.00-$5.50

THOR INDUSTRIES INC

2024-Q2 EPS reported $1.13 revenue$4,708,128,000

Q2 net sales $2.21B, down 5.9% YoY; diluted EPS $0.13 vs $0.50 prior year.
Q2 net income $7.2M includes $14.7M refinancing charge.
North American towable sales down 11.9%, motorized down 22.8%; European up 20.9%.
FY2024 guidance cut: net sales now $10.0-$10.5B (prev $10.5-$11.0B), EPS $5.00-$5.50 (prev $6.25-$7.25).
North American industry wholesale forecast lowered to 330k-340k units from 350k-365k.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

THOR INDUSTRIES INC reported second quarter ended January 31, 2024 results: revenue $2.21 billion, net income $7.2 million, EPS $0.13. Guidance lowered.

Period: second quarter ended January 31, 2024
Revenue: $2.21 billion
Net income: $7.2 million
EPS: $0.13
Guidance: lowered
Result: reported results

Exact text from the filing

Consolidated net sales for the second quarter were $2.21 billion.

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Source: SEC EDGAR

accession 0001171843-24-001206

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