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The Latest Breaking News from Thor Industries Inc

Thor Industries Boosts Stock Buyback Program

Thor Industries Inc (NYSE:THO) Board of Directors has increased the share repurchase authorization to $600 million. Under its $250 million prior authorization scheduled through December 21, 2024, the company had $151.68 million remaining as of June 24, 2022. The company's new plan calls for the repurchase of an additional $448.32 million of shares…

Thor Industries Q3 Earnings Smashes Estimates

Thor Industries Q3 Earnings Smashes Estimates

Thor Industries Inc (NYSE:THO) reported third-quarter FY22 sales growth of 34.6% year-on-year to $4.66 billion, beating the consensus of $4.18 billion. The company attributed the sales growth to the increase in the average sales price of units and the increase in units sold. Net sales from the North American Towable RVs rose 53%…

5 Recently Downgraded Stocks to Avoid

5 Recently Downgraded Stocks to Avoid

Given the ongoing market uncertainties owing to the planned rate hikes to control the multi-decade high inflation and rising odds of a recession, it could be wise to avoid Under Armour (UAA), Winnebago Industries (WGO), Thor Industries (THO), The Bank of New York Mellon (BK) and Wipro (WIT), which analysts…

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Michael Grimm Purchases $5.66 Million Worth Of Energy Transfer & Other Notable Insider Buys

Natural gas prices were range bound for the better part of the last decade, oscillating between $2 and $4 per million British thermal units (MMBtu) with the occasional spike outside that tight range.

Thor Industries Stock Gains On Q2 Earnings Beat

Thor Industries Inc (NYSE:THO) reported second-quarter FY22 sales growth of 42.1% year-on-year, to $3.88 billion, beating the consensus of $3.57 billion. The company attributed the sales increase to the continuing demand for RVs and recent acquisitions. Net sales from the North American Towable RVs rose 44.6% Y/Y, North American Motorized RVs climbed 69.3%,…

Interface Picks Laurel Hurd To Succeed Daniel Hendrix As CEO

Interface Inc (NASDAQ:TILE) has appointed Laurel M. Hurd as President and Chief Executive Officer, effective April 18, 2022. Hurd will succeed Daniel T. Hendrix, who will continue with the company as Chairman of the board of directors. Hurd has spent most of her career at Newell Brands Inc (NASDAQ:NWL). Hurd also was recently appointed as…

Dragonfly Energy Inks Battery Supply Agreement with Thor Industries' Keystone RV

Nevada-based Lithium-ion battery technology company Dragonfly Energy Corp. has entered into an exclusive agreement with Keystone RV Company, a subsidiary of Thor Industries Inc (NYSE:THO). The financial terms were not disclosed. Under the agreement, Dragonfly Energy Lithium-ion batteries will be standard or optional OEM equipment on all Keystone RV travel trailers and…

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