MARKET COMPOSITE
THO - Thor Industries, Inc.8:00:02 PM 3/28/2024
Price
$117.34
+ 2.71 (2.36%)
Thor Industries, Inc. is an American manufacturer of recreational vehicles . The company sells towable and motorized RVs through its subsidiaries brands including Airstream, Heartland RV, Jayco, Livin Lite RV, and others. The company's headquarters is in Elkhart, Indiana. It has manufacturing facilities in Michigan, Ohio, Indiana, Idaho, and Oregon. Thor Industries, Inc. was founded on August 29, 1980, when Wade F. B. Thompson and Peter Busch Orthwein acquired Airstream from Beatrice Foods. The name "Thor" combined the first two letters of each entrepreneur's name. Airstream had not fared well during the economic downturn of the late 1970s, losing $12 million the year before it was acquired. Thompson and Orthwein had also previously acquired the Hi-Lo Trailer Company. Thor restructured Airstream and returned Airstream to profitability within one year.
Financials
Quarterly financials
(USD)Jan 2024Q/Q
Revenue2.2B-12%
Gross Profit270.8MM-24%
Cost Of Revenue1.9B-10%
Operating Income6.9MM-91%
Operating Expenses264MM-
Net Income7.2MM-87%
G&A220.1MM+1%
Amortization32.5MM+0%
Interest Expense--
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