Thor Industries (THO) Tops Q4 EPS by 31c, Sales Beat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Thor Announces Record Results For Fourth Quarter And Full-Year Fiscal 2017
September 27, 2017 4:15 PM EDTELKHART, Ind., Sept. 27, 2017 /PRNewswire/ -- Thor Industries, Inc. (NYSE: THO) today announced record fourth-quarter net income of $119.5 million, or $2.26 per diluted share, on record fourth-quarter revenues of $1.93 billion. Gross profit for the fourth quarter ended July 31, 2017 increased 34.9% to $301.3 million. As anticipated and due primarily to acquisition-related dilution and market-driven changes in product mix, gross profit margins decreased to 15.6% in the fourth quarter compared to 17.3% in the prior-year period. Diluted earnings per share for the fiscal 2017 fourth quarter increased 43.9% from the previous year. The strong growth in revenues and earnings for the... More
