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Thor Industries Swings to Fiscal Q1 Loss, Sales Decline; Reaffirms Fiscal 2025 Outlook
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Thor Industries Swings to Fiscal Q1 Loss, Sales Decline; Reaffirms Fiscal 2025 Outlook
Dec 4, 2024 4:11 AM

06:59 AM EST, 12/04/2024 (MT Newswires) -- Thor Industries ( THO ) reported a fiscal Q1 loss Wednesday of $0.03 per diluted share, swinging from earnings of $0.99 a year earlier.

Analysts polled by FactSet expected EPS of $0.63.

Net sales for the quarter ended Oct. 31 were $2.14 billion, down from $2.50 billion a year earlier.

Analysts surveyed by FactSet expected $2.24 billion.

For fiscal 2025, the company said it still expects EPS of $4 to $5. Analysts polled by FactSet expect $4.61. Net sales are still expected to be between $9 billion and $9.8 billion. Analysts surveyed by FactSet expect $9.63 billion.

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