Quarterly ResultJun 3, 2026, 06:41 AM
THOR Industries Q3 Sales Down 3.9%; EPS $1.86; FY26 EPS Guidance Cut
AI Summary
THOR Industries announced its third quarter fiscal 2026 results, reporting a 3.9% decrease in net sales to $2.78 billion and a 26.5% drop in diluted EPS to $1.86. The company's North American Towable segment saw a significant sales decline, while the North American Motorized and European segments experienced growth. THOR Industries revised its full-year fiscal 2026 diluted EPS guidance downwards due to macroeconomic headwinds. The company also highlighted opportunistic share repurchases and dividend payments.
Key Highlights
- THOR Industries reported Q3 FY2026 net sales of $2.78 billion, a decrease of 3.9% year-over-year.
- Diluted EPS for Q3 FY2026 was $1.86, down 26.5% from $2.53 in the prior year.
- North American Towable segment net sales decreased by 24.6% to $881.8 million.
- North American Motorized segment net sales increased by 7.7% to $717.7 million.
- European RV segment net sales grew by 11.8% to $987.6 million.
- Full-year fiscal 2026 diluted EPS guidance revised to $3.30-$3.80 (previously $3.75-$4.25).
- Company repurchased $50.5 million of shares and paid $27.1 million in dividends during the quarter.
Price Impact
More from THO