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THOR
ANNOUNCES
RV
SALES
UP
February
2008
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Thor Industries
(NYSE:THO) announced today
(February
4th,
2008)
preliminary sales for the quarter and six months
ended January 31, 2008.
Sales in the quarter were $598 million, up 2% from $584 million last year. RV sales were $504
million, up 3% from $491 million last year. Bus sales were $94 million, up from $93 million last
year.
Sales in the 6 months were $1.36 billion, up 4% from $1.31 billion last year. RV sales were
$1.17 billion, up 4% from $1.13 billion last year. Bus sales were a record $193 million, up 4%
from $185 million last year.
Thor also announced that it purchased 374,239 of its shares in the quarter at an average price of
$31.54 per share.
Backlog on January 31, 2008 was $568 million, up 4% from $545 million last year. RV backlog
was $318 million, down 6% from $338 million last year. Bus backlog was $249 million, up 20%
from $207 million last year. Cash on January 31, 2008 was $229 million versus $210 million
last year.
Thor is the world’s largest manufacturer of recreation vehicles and a major builder of
commercial buses.
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What
do
you
think?
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Readers'
comments:
Dandy Darlene
:
I dont know about all of you but I drive a 36 ft long Class A motorhome and it is hard to park let alone fill the tank!
Bluebird Bob
:
Since Thor makes only low quality products and the people buying them don't do their research, I can see why they are having a good year.
Arol
:
Does Thor make a quality class B?
TITAN116600
:
WHAT DOES THIS HAVE TO DO WITH THE COST OF A LOAF OF BREAD OR A GALLON OF GAS???
JP
:
When did Thor outbuild Fleetwood? And how is the rest of the industry doing with the highend diesel pushers? I expect most of the gains are in the toybox and lower end towables, and the class B's
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