Recreational vehicle maker Thor Industries, Inc. (NYSE:THO) reported fiscal third-quarter 2026 results on Wednesday, posting earnings below Wall Street expectations while revenue topped estimates.
Thor Industries Misses Earnings Estimates Despite Revenue Beat
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The company reported earnings of $1.86 per share, missing analysts’ consensus estimate of $1.98 per share. Revenue declined 3.9% year over year to $2.78 billion but exceeded expectations of $2.65 billion.
Gross profit fell 19.9% from a year earlier to $354.8 million. Gross margin contracted 250 basis points to 12.8%. Adjusted EBITDA fell 28% year over year to $183.6 million.
