logo
Plus   Neg
Share
Email

Thor Industries Announces Long-term Goals - Quick Facts

Thor Industries, Inc. (THO) said it plans to achieve three performance goals by the end of fiscal 2025: annual net sales of $14 billion; sustainable gross margins of 16 percent; and generate over $3 billion in cumulative net cash from operations. The company's long-term strategic plan seeks to expand its international position within the recreational and outdoor space.

Bob Martin, Thor CEO stated: "Our management team is focused on the long-term goals of our business. We make our strategic and operating decisions based not just on the next year but the next five years or more."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Polaris Industries Inc. is recalling certain Ranger and General Utility, as well as All-Terrain vehicles citing risks of crash, the U.S. Consumer Product Safety Commission said in a statement. The Medina, Minnesota-based company has called back about 26,730 units of Model Year 2019 - 2020 Ranger XP 1000 & Model Year 2020 General XP 1000 Utility vehicles. Gilead Sciences Inc. (GILD) said Friday that the European Commission has granted conditional marketing authorization for Veklury or remdesivir as a treatment for SARS-CoV-2 infection, the virus that causes COVID-19. FedEx is asking NFL team Washington Redskins to change its name for its racist connotations. The delivery services company, which is a major sponsor for the team, made the suggestion following increasing pressure from its investors amid the ongoing protests against racial injustice and inequality that arose from the killing of African-American George Floyd.
Follow RTT