LOGO
LOGO

Corporate News

THOR Industries Stock Falls 16% On Weak Q2 Quarterly Earnings

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

THOR Industries, Inc. (THO) is trading at $80.36, down 15.61 percent or $15.53, after reporting disappointing second-quarter financial results. The company reported a net loss of $551 thousand, a sharp decline compared to net income of $7.22 million a year earlier.

The stock opened at $81.75 and has traded between $78.90 and $86.50 today, compared to its previous close of $95.23. Current volume is 2.17 million shares, significantly above the average volume of 588.4 thousand. Its 52-week range is $78.90 to $118.85.

Net sales for the quarter were $2.02 billion, down from $2.21 billion in the same period last year.

For comments and feedback contact: editorial@rttnews.com

Business News

Invest in the Best Biotech Stocks by Subscribing to RTT Biotech Investor.
Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

RELATED NEWS
Latest Updates on COVID-19