Thor Industries Stock Jumps on Strong Q4 Earnings Beat
RV maker's EPS of $2.36 nearly doubles analyst estimates, signaling resilience in the face of macroeconomic headwinds.
Shares of Thor Industries (THO) surged more than 6% in active trading after the recreational vehicle manufacturer posted fourth-quarter financial results that significantly surpassed Wall Street expectations. The company reported an impressive , a 40.5% increase from the prior year and nearly double the consensus analyst estimate of $1.28.
The strong bottom-line performance comes as a positive sign for the discretionary goods sector, which has been navigating a challenging macroeconomic environment. While consolidated net sales saw a slight dip of 0.4% to $2.52 billion, the figure still comfortably exceeded revenue forecasts. The robust profitability was a key driver for the stock's upward move, with trading volume swelling to over three times its daily average.
According to the , net income attributable to Thor climbed by 39.7% year-over-year to $125.8 million. The results were bolstered by market share gains in its North American segments, even as the European RV market showed a slight decline. Management highlighted a disciplined approach to operations and strategic initiatives for the strong quarter.
Investors also took note of the company's healthy financial management. During the fiscal year, Thor Industries reduced its total debt by approximately $237 million and returned nearly $159 million to shareholders through dividends and share buybacks.
Looking ahead, Thor provided guidance for its 2026 fiscal year, projecting consolidated net sales between $9.0 billion and $9.5 billion. The company also forecasted diluted EPS to be in the range of , signaling cautious optimism for the year ahead despite expectations of a modest retail decline in North America. The strong earnings beat and solid guidance suggest Thor Industries is effectively navigating market crosscurrents, positioning itself for stability heading into the new fiscal year.