Thor Industries Gains 5% on Q3 Earnings Beat

THOR Industries (NYSE:THO) delivered a strong fiscal third quarter, with both earnings and revenue handily surpassing expectations and sending shares up more than 5% intra-day today.

The recreational vehicle maker reported adjusted earnings of $2.53 per share, far ahead of analyst projections of $1.76. Revenue reached $2.89 billion, topping the consensus estimate of $2.6 billion and reflecting a 3.3% year-over-year gain.

Growth was fueled by a standout performance in the North American towable RV segment, where sales jumped 9.1%. Net income climbed 18.1% year-over-year to $135.2 million, supported by improved margins resulting from cost-reduction efforts and operational efficiency gains.

Thor reaffirmed its full-year 2025 guidance, maintaining its revenue outlook between $9.0 billion and $9.5 billion and earnings per share in the range of $3.30 to $4.00—bracketing analyst expectations of $3.47 EPS on $9.23 billion in revenue.