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THOR Stock Dips 11.5% YTD: Here's Why it is Worth Holding on to Now
THOThor Industries(THO) ZACKS·2024-12-17 01:10

Shares of THOR Industries, Inc. (THO) , the largest manufacturer of recreational vehicles (RVs) in the world, have plunged 11.5% year to date (YTD), underperforming the Zacks Building Products - Mobile Homes and RV Builders industry’s growth of 13.5%. The major causes for the decline were rising challenges in the RV market and increasing investment in automation and innovation strategies, which impacted the company’s margins.Image Source: Zacks Investment ResearchWhat’s Plaguing Thor?In fiscal 2024, THOR’s ...