Why Thor Industries, Inc. Stock Dropped Today

Shares of Thor Industries Inc. (NYSE: THO) were down 12.8% as of 3:15 p.m. EDT Thursday after the recreational-vehicle specialist announced weaker-than-expected fiscal fourth-quarter 2018 earnings. More specifically, Thor Industries' quarterly net sales declined 3.1% year over year, to $1.87 billion, which translated to a 26.1% decline in earnings per diluted share, to $1.67. Analysts, on average, were looking for […]

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Thor shares tumble as RV maker's sales fall

Thor Industries, the maker of Airstreams and other recreational vehicles, recorded weaker sales and earnings that missed expectations for the latest quarter, leading shares sharply lower Thursday. Continue Reading Below The company reported $1.87 billion in fourth-quarter sales, down 3.1 percent compared to the same period a year ago but slightly higher than Wall Street’s estimate. Sales of towable RVs […]

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Thor Industries Grapples With High Dealer Inventories

Leading recreational vehicle (RV) manufacturer Thor Industries, Inc. (NYSE: THO) reported a drop in revenue, as well as deterioration in several key financial metrics, in its fiscal fourth-quarter 2018 earnings report issued Thursday before the markets opened. The unexpectedly tepid performance jarred Thor shares, which traded down nearly 15% early in the trading session following the earnings release. Let's review […]

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10 Beaten Down Stocks With Big Upside

Investors worried about overvalued equity markets amid trade-war fears and forecasts that the long bull market may be coming to an end need to screen carefully for hidden gems. A good place to look is stocks that have been beaten down but are showing strong underlying fundamentals, such as robust sales growth and improving gross margins. That’s exactly what MarketWatch […]

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