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RV Maker Thor Industries Posts Unexpected Loss Amid 'Soft' Retail Environment
THOThor Industries(THO) Investopedia·2024-12-05 02:10

Key TakeawaysThor Industries reported a fiscal first-quarter loss, when analysts had been expecting a profit. CEO Bob Martin attributed the disappointing results to a "soft retail and wholesale environment."The Airstream parent's stock slid Wednesday and has fallen nearly 9% this year. Airstream parent Thor Industries (THO) posted a surprise fiscal first-quarter loss before the opening bell Wednesday, sending shares slightly lower intraday. Revenue for the RV maker fell 14% year-over-year to $2.14 billion, ...