Thor Industries Stock Sinks After RV Maker Swings to Loss, Cuts Outlook | Global News Avenue

Shares of Thor Industries (thoAfter recreational vehicle (RV) manufacturers reported unexpected losses, they fell 15% and lowered their prospects for continued slowdown in consumer demand.

The manufacturer of Airstream RVS released $0.01 in the second quarter fiscal 2025 loss, while analysts surveyed by Alpha are looking for a profit of $0.05 per share. Revenue fell nearly 9% year-on-year to $2.02 billion, although that exceeded forecasts.

The company said it faces a “headwind of continuing the macroeconomic” which CEO Bob Martin calls a “challenging economic environment.”

North American electric vehicle sales invested 22% to $446.3 million, and Saul blamed “softening dealer and consumer demand” and shifted demand from high-priced vehicles and discounts. In Europe, RV sales fell 22% to $612.5 million, while unit shipments fell 28%. One highlight of Thor is North American towed RV sales, with unit shipments up 28%.

Thor cuts EPS appearance

COO TODD WOELFER says because of the pressure profit The company “higher than we expected” and cuts full-year guidance. Thor sees it now Earnings per share (EPS) $3.30 to $4.00, down from earlier $4.00 to $5.00. It expects revenues of $9 billion to $9.5 billion, compared with the previous $9 billion to $9.8 billion.

Thor Industries stock has lost more than 35% of its value over the past year.