4 Followers USX:THO - Thor Industries Inc Thor Industries Inc
Sector: Consumer Discretionary, Industry: Leisure Products
Next Earnings: 4 Jun 2024
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USD 117.34    +2.71 (+2.36%)

28 Mar 2024


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General

CEO: Mr. Robert W. Martin

IPO: 1987-12-30

Headquarters: US

Employees: 24,900

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Description

Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth wheel towables across over 30 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motorcaravans, campervans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts through the acquisition of Airxcel in 2021, however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2023, the company wholesaled 187,015 units and generated over $11.1 billion in revenue.

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