THOR Industries Announces First Quarter Fiscal 2023 Results
ELKHART, Ind., Dec. 07, 2022 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced financial results for its first fiscal quarter ended October 31, 2022.
- European RV loss before income tax for the first quarter of fiscal 2023 was $6.5 million, compared to net loss before income tax of $18.0 million during the first quarter of fiscal 2022.
- “In the first quarter of fiscal 2023, we generated cash flow from operations of $94.0 million, which allowed us to reinvest into the business, further strengthen our balance sheet and return capital to shareholders during the quarter.
- THOR Industries has provided a comprehensive question and answer document, as well as a PowerPoint presentation, relating to its quarterly results and other topics.
- THOR Industries is the sole owner of operating companies which, combined, represent the world’s largest manufacturer of recreational vehicles.