Thor Industries sees FY25 EPS $4.00-$5.00, consensus $6.35

Sees FY25 revenue $9.0B-$9.8B, consensus $10.45B. “In planning for our FY25, we anticipate that the RV market will continue to be challenging throughout our fiscal year which ends on July 31, 2025. While we acknowledge that a positive inflection in the macroeconomic conditions could occur before the end of our FY25 that could favorably impact our financial performance, we do not currently model such an inflection beyond the normal seasonal lift we anticipate in the spring…With a bias towards being conservative, the company continues to be cautious on the global economic outlook and associated impacts on consumer demand and appetite for sizeable discretionary purchases…As we forecast the continuation of the softer market in FY25, we will continue to manage the company to maximize our performance in the current environment as we position products in the market that address the affordability concerns of independent dealers and consumers and continue to lower the average sales price of our units,” commented COO Woelfer.