10:05 AM EST, 03/05/2025 (MT Newswires) -- (Updates with the latest stock movement in the first paragraph.)

Thor Industries ( THO ) shares were down nearly 12% in recent Wednesday trading after the company swung to a Q2 loss and posted lower revenue.

The company reported a fiscal Q2 loss of $0.01 per diluted share, swinging from earnings of $0.13 a year earlier.

Analysts polled by FactSet expected earnings of $0.07.

Revenue for the fiscal quarter ended Jan. 31 was $2.02 billion, down from $2.21 billion a year earlier.

Analysts surveyed by FactSet expected $1.98 billion.

For fiscal 2025, the recreational vehicle company narrowed its guidance to diluted EPS of $3.30 to $4.000 on net sales of $9.0 billion to $9.5 billion, compared with its previous guidance of $4.00 to $5.00 of diluted EPS on net sales of $9.0 billion to $9.8 billion

Analysts polled by FactSet expect EPS of $4.34 on $9.44 billion in revenue.

Price: 83.86, Change: -11.38, Percent Change: -11.94