Stock Track | Thor Industries Soars 5.49% Intraday on Strong Q1 Earnings and Sales Growth

Stock Track12-03

Thor Industries Inc (THO) surged 5.49% during intraday trading on Wednesday, driven by better-than-expected fiscal Q1 earnings and robust sales growth. The company reported earnings of $0.41 per share, significantly beating the analyst consensus estimate of a $0.08 loss. Revenue for the quarter reached $2.389 billion, surpassing expectations of $2.053 billion.

The strong performance was fueled by a 31% increase in motorized RV sales, supported by new premium product launches and targeted pricing strategies. Thor Industries also improved its market share for the second consecutive quarter, reflecting strong retail performance and strategic initiatives to reduce costs.

Additionally, the company reaffirmed its fiscal 2026 guidance, projecting net sales between $9.0 billion and $9.5 billion and diluted EPS in the range of $3.75 to $4.25. This positive outlook further boosted investor confidence, contributing to the stock's upward movement.

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