earnings
confidence high
sentiment negative
materiality 0.85
THOR Q2 net loss $0.6M, EPS -$0.01; cuts FY25 EPS guidance to $3.30-$4.00
THOR INDUSTRIES INC
2025-Q2 EPS reported
-$0.04
revenue$4,160,891,000
- Q2 net sales $2.02B (-8.6% YoY); net loss $0.6M vs prior-year profit of $7.2M.
- NA Motorized sales -21.8%, European sales -21.7%; NA Towable sales +13.3% with margin +370bps to 11.1%.
- FY25 guidance revised: net sales $9.0-$9.5B, gross margin 13.8%-14.5% (prev 14.7%-15.2%), EPS $3.30-$4.00 (prev $4.00-$5.00).
- Cash from operations $61.6M YTD ($30.8M in Q2), improvement of $105.8M vs prior year; liquidity ~$1.23B.
- Management signals upcoming structural and brand rationalization announcements to improve profit profile.