Thor Industries’ stock posts double-digit loss after earnings miss amid ‘challenging operating environment’

March 6, 2024

Recreational vehicle maker cuts 2024 guidance and missed earnings estimates.

Thor Industries Inc.’s stock fell sharply on Wednesday after the recreational vehicle maker missed quarterly profit expectations and cut its 2024 guidance in the face of a challenging environment.

Thor Industries (THO) stock fell 17% in premarket trades. Other RV stocks fell in sympathy, with Winnebago industries Inc. (WGO) down by about 7%, and RV seller Camping World (CWH) of 2.2%, while chassis maker LCI Industries Inc. (LCII) was unchanged. Morning Star