RV maker Thor Industries misses Q4 profit estimates on weak demand
THO•Outlook and strategic initiatives
The company expects a relatively flat retail environment in fiscal 2027 versus fiscal 2026.
Thor will provide fiscal 2027 guidance later, after key industry events in September.
The company expects restructuring and strategic initiatives to improve its earnings profile by over $100 million annually.
Key quarterly metrics and analyst view
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q4 Sales | Beat | $2.31 billion | $2.17 billion (14 analysts) |
| Q4 EPS | Miss | $0.78 | $0.91 (14 analysts) |
| Q4 Net Income | Miss | $40.84 million | $47.05 million (11 analysts) |
| Q4 Gross Margin | 12.40% |
The current average analyst rating on the shares is "hold," with 4 "strong buy" or "buy," 13 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the recreational products peer group is "buy."
Wall Street's median 12-month price target for Thor Industries is $90.00, about 28.7% above its Sept. 21 closing price of $69.94.
The stock recently traded at 16 times the next 12-month earnings versus a P/E of 15 three months ago.
Quarterly results miss profit estimates
US recreational vehicle maker Thor Industries said fiscal fourth-quarter revenue declined year over year but beat analyst expectations, while adjusted EPS missed analyst estimates amid margin pressure.
