secwatch / observer

THOR INDUSTRIES INC — fact timeline

Source-grounded facts extracted from THOR INDUSTRIES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

THO THOR INDUSTRIES INC JSON
Earnings Releases

THOR INDUSTRIES INC reported Fiscal 2026 full year results: EPS $3.30 to $3.80. Guidance lowered.

“Full-year fiscal 2026 diluted EPS guidance has been revised in light of prolonged macroeconomic headwinds ◦ Consolidated net sales in the range of $9.0 billion to $9.5 billion (no revision) ◦ Diluted earnings per share in the range of $3.30 to $3.80 (previously $3.75 to $4.25)”
Earnings Releases

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.

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

Jeffrey D. Lorenger was appointed as director at THOR INDUSTRIES INC.

“On February 1, 2024, the Board of Directors (the “Board”) of THOR Industries, Inc. (the “Company”) appointed Jeffrey D. Lorenger as a director of the Company effective the same day.”
Shareholder Votes

THOR INDUSTRIES INC shareholders approved Non-binding advisory vote to approve the compensation of the Company's named executive officers at the 2023-12-15 meeting.

“Proposal #4 – Non-binding advisory vote to approve the compensation of our named executive officers. FOR AGAINST ABSTAIN 40,571,499 4,459,944 72,404”
Shareholder Votes

THOR INDUSTRIES INC shareholders approved Advisory vote to approve the frequency of the 'Say on Pay' vote at the 2023-12-15 meeting.

“Proposal #3 – Advisory vote to approve the frequency of the “Say on Pay” vote. 1 YEAR 2 YEARS 3 YEARS ABSTAIN 43,724,504 170,548 1,175,387 33,408”
Shareholder Votes

THOR INDUSTRIES INC shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year 2024 at the 2023-12-15 meeting.

“Proposal #2 – Ratification of the appointment of Deloite &Touche LLP as our independent registered public accounting firm for our Fiscal Year 2024 . FOR AGAINST ABSTAIN 44,763,413 2,656,531 22,671”
Shareholder Votes

THOR INDUSTRIES INC shareholders approved Election of 8 directors at the 2023-12-15 meeting.

“Proposal #1 – Election of Directors. The shareholders elected 8 nominees as directors to hold office until the 2024 annual meeting of shareholders and until their respective successors are duly elected and qualified by the following vote: Nominees FOR WITHHELD 01)Andrew Graves 44,802,435 301,412 02)Christina Hennington 44,818,969 284,878 03)Amelia A. Huntington 44,094,938 1,008,909 04)Laurel Hurd 44,858,348 245,499 06)William J. Kelley, Jr. 44,829,517 274,330 07)Christopher Klein 44,706,480 397,367 08)Robert W. Martin 44,885,860 217,987 09)Peter B. Orthwein 44,548,700 555,147”
Earnings Releases

THOR INDUSTRIES INC updated its full-year fiscal 2024 guidance (reaffirmed).

“The Company reaffirms its full-year fiscal 2024 consolidated net sales, consolidated gross profit margin and diluted earnings per share guidance.”
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.

“& 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”
Debt Financings

THOR INDUSTRIES INC amended revolving credit of $1.0 billion with JPMorgan Chase Bank, N.A., as administrative agent at applicable margin, covenants and other material provisions...remain materially u maturing November 15, 2028.

“modifications, the maturity date for the loans under the ABL Credit Agreement was extended until November 15, 2028. Total commitments under the ABL Credit Agreement remain at $1.0 billion. The applicable margin, covenants and other material provisions of the ABL Credit Agreement remain materially unchanged. The foregoing description of the Amendments does not”
Debt Financings

THOR INDUSTRIES INC amended term loan of $450 million on the USD Term Loan and €330 million on the EURO Term Loan with JPMorgan Chase Bank, N.A., as administrative agent at applicable margin for ABR Loans is now 1.75% and for Term Benchmark Loans is 2.7 maturing November 15, 2030.

“material provisions of the Credit Agreement remain materially unchanged. As of November 15, 2023 the principal amounts outstanding under the Term Loan Credit Agreement were $450 million on the USD Term Loan (as defined in the Term Loan Credit Agreement) and €330 million on the EURO Term Loan (as defined in the Term Loan Credit Agreement). Also on November 15,”
Material Agreements

THOR INDUSTRIES INC amended ABL Amendment with JPMorgan Chase Bank, N.A., as administrative agent valued at $1.0 billion (effective 2023-11-15).

“Also on November 15, 2023, the Company amended its ABL Credit Agreement (the “ABL Amendment” and together with the Term Loan Amendment, the “Amendments”).”
Material Agreements

THOR INDUSTRIES INC amended Amendment No. 3 to the Term Loan Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent (effective 2023-11-15).

“On November 15, 2023, Thor Industries, Inc. (the “Company”), certain subsidiaries of the Company, and JPMorgan Chase Bank, N.A., as administrative agent (“JPMorgan”), entered into an Amendment No. 3 to the Term Loan Credit Agreement (the “Term Loan Amendment”).”

Ken Julian resigned as SVP of Administration and Human Resources at THOR INDUSTRIES INC.

“On October 13, 2023, Mr. Ken Julian, the Company’s SVP of Administration and Human Resources, tendered his resignation to the Company "for good reason" as defined in his employment agreement. Mr. Julian’s last day of employment with the Company will be October 20, 2023.”

Wilson Jones departed as Director at THOR INDUSTRIES INC.

“On October 10, 2023, Wilson Jones informed THOR Industries, Inc. (the “Company”) that he would retire from the Board of Directors of the Company effective December 15, 2023.”
Earnings Releases

THOR INDUSTRIES INC reported the full fiscal year ended July 31, 2023 results: revenue $11.12 billion, net income $374.3 million, EPS $6.95. Guidance initiated.

“Net sales for fiscal year 2023 were $11.12 billion, a decrease of 31.8% compared to the record fiscal 2022. Net income attributable to THOR Industries and diluted earnings per share for fiscal year 2023 were $374.3 million and $6.95, respectively, compared to $1.14 billion and $20.59, respectively, for fiscal 2022.”
Earnings Releases

THOR INDUSTRIES INC reported the fourth quarter ended July 31, 2023 results: revenue $2.74 billion, net income $90.3 million, EPS $1.68.

“Capital Management Including Investments in Growth, Repaying Debt and Returning Cash to Shareholders Fiscal Fourth Quarter 2023 Highlights Net sales for the fourth quarter were $2.74 billion, a decrease of 28.4% compared to the record fourth quarter of fiscal 2022. Consolidated gross profit margin for the fourth quarter was 14.4%, a decrease of 310 basis points when”
Earnings Releases

THOR INDUSTRIES INC updated its full year fiscal 2023 guidance (raised).

“The Company is raising the low end of its full year fiscal 2023 diluted earnings per share guidance from the previous range of $5.50 to $6.50 to the updated range of $5.80 to $6.50.”
Earnings Releases

THOR INDUSTRIES INC reported third quarter ended April 30, 2023 results: revenue $2.93 billion, net income $120.7 million, EPS $2.24 per diluted share.

“Consolidated net sales were $2.93 billion in the third quarter of fiscal 2023, compared to $4.66 billion in the third quarter of fiscal 2022 and $3.46 billion in the third quarter of fiscal 2021. Consolidated gross profit margin for the third quarter was 14.8%, a decrease of 250 basis points when compared to the third quarter of fiscal year 2022 and a 20-basis point increase when compared to the third quarter of fiscal year 2021. Net income attributable to THOR Industries and diluted earnings per share for the third quarter of fiscal 2023 were $120.7 million and $2.24, respectively, compared to $348.1 million and $6.32, respectively, for the prior-year period and $183.3 million and $3.29, respectively, for the third quarter of fiscal 2021.”
Earnings Releases

THOR INDUSTRIES INC reported second quarter ended January 31, 2023 results: revenue $2.35 billion, net income $27.1 million, EPS $0.50.

“Consolidated net sales were $2.35 billion in the second quarter of fiscal 2023, compared to $3.88 billion in the second quarter of fiscal 2022 and $2.73 billion in the second quarter of fiscal 2021. Consolidated gross profit margin for the second quarter was 12.1%, a decrease of 530 basis points when compared to the second quarter of fiscal year 2022 and a 330 basis point decrease when compared to the second quarter of fiscal year 2021. Net income attributable to THOR Industries and diluted earnings per share for the second quarter of fiscal 2023 were $27.1 million and $0.50, respectively, compared to $266.6 million and $4.79, respectively, for the prior-year period and $132.5 million and $2.38, respectively, for the second quarter of fiscal 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.