THOR Industries, a company that sells RVs and recreational vehicles, has experienced weakness in the market as of late due to decreased demand. While painful, the picture is showing signs of improvement. Add on top of this how shares are priced and the company makes for an interesting prospect moving forward.
ELKHART, Ind., March 26, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its March 26, 2024 meeting, the payment of a regular quarterly cash dividend of $0.48 per share.
Thor missed top- and bottom-line expectations and lowered full-year guidance. Dealers are feeling the pinch from higher rates, and are adjusting inventories downward as a result.
ANTICIPATES STRONGER PERFORMANCE IN THE SECOND HALF OF FISCAL 2024 WHILE LOWERING FISCAL 2024 GUIDANCE TO REFLECT COMPANY'S PRUDENT FOCUS ON OPERATIONAL EXECUTION AHEAD OF MARKET RECOVERY
ELKHART, Ind., Feb. 22, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that the date for its fiscal 2024 second quarter earnings release will be on Wednesday, March 6, 2024 before the market opens.
ELKHART, Ind., Feb. 05, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) announced today the appointment of Jeffrey D. Lorenger to its Board of Directors, effective February 1, 2024.
ELKHART, Ind. , Jan. 23, 2024 /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) announced today the appointment of Michele McDermott as Chief Human Resources Officer (CHRO).
RV stocks have been struggling to regain traction following the social-distancing craze that drove them to record highs. The problems were rising prices and an inventory glut compounded by high interest rates.
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