thor industries inc
(THO:New York Consolidated)
thor industries inc (THO) Snapshot
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Open
$42.09
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Previous Close
$42.04
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Day High
$42.45
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Day Low
$40.84
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52 Week High
01/28/13 - $44.28
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52 Week Low
06/25/12 - $25.21
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Market Cap
2.2B
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Average Volume 10 Days
384.5K
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EPS TTM
$2.45
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Shares Outstanding
53.0M
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EX-Date
04/5/13
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P/E TM
16.7x
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Dividend
$0.72
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Dividend Yield
5.34%
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thor industries inc (THO) Latest News
thor industries inc (THO) Related Businessweek News
No Related Businessweek News Foundthor industries inc (THO) Details
Thor Industries, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of various recreation vehicles, and small and mid-size buses, as well as related parts and accessories in the United States and Canada. It provides travel trailers under the names of Airstream International, Classic Limited, Sport, Flying Cloud, and Eddie Bauer, as well as motorhome under the Interstate name; and gasoline and diesel motorhomes under the names of Four Winds, Hurricane, Windsport, Chateau, Daybreak, Challenger, Tuscany, Outlaw, Palazzo, and A.C.E. The company also offers conventional travel trailers, fifth wheels, and park models under the names of Cruiser, Rushmore, Zinger, Sunset Trail, Redwood, Hampton, Dutchmen, Aerolite, Kodiak, Denali, Komfort, Voltage, Aspen Trail, Coleman, Infinity, Breckenridge, Montana, Springdale, Hornet, Sprinter, Outback, Laredo, Alpine, Mountaineer, Avalanche, Raptor, Passport, Cougar, Landmark, Bighorn, Sundance, Elk Ridge, Trail Runner, Cyclone, Prowler, and Wilderness. In addition, it manufactures and sells buses and mobility vans for transit, airport car rental, and hotel/motel shuttles; paramedical transit for hospitals and nursing homes; and tour and charter operations, and other uses under the names of Aerolite, AeroElite, Aerotech, Escort, MST, Transmark, EZ Rider, AeroAccess II, Advantage, Passport, and Axess. Further, the company provides small and mid-size transit buses under the names of Challenger, Defender, CTS-RE, Crusader, American Crusader, American Coach, EZ Street, GC II, G-Force, and Pacer; and ambulances under McCoy Miller and Marque names. The company markets its recreational vehicles through independent dealers to municipalities and private purchasers, such as rental car companies and hotels. Thor Industries, Inc. was founded in 1980 and is headquartered in Elkhart, Indiana.
thor industries inc (THO) Top Compensated Officers
thor industries inc (THO) Key Developments
Thor Industries Inc. announced consolidated preliminary sales for the third quarter and nine months ended April 30, 2013. Preliminary consolidated sales in the third quarter were a record $1.05 billion, up 13.3% from $926.5 million in the third quarter last year. RV sales were $929.3 million, up 15.1% from $807.2 million in last year's third quarter. Towable RV sales for the third quarter were $742.1 million, up 9.1% from $680.5 million in the third quarter of fiscal 2012. Motorized RV sales in the third quarter increased 47.8% to $187.2 million from $126.7 million in the same quarter a year ago. Bus sales were flat at $119.2 million compared to $119.3 million in the third quarter last year. For the nine months ended April 30, 2013, preliminary consolidated sales were $2.67 billion, up 21.4% from $2.20 billion last year. RV sales were $2.33 billion, up 24.6% from $1.87 billion last year. Towable RV sales for the nine months were $1.90 billion, up 17.3% from $1.62 billion last year. Motorized RV sales rose to $423.2 million, up 72.0% from $246.1 million last year. Bus sales were $338.4 million, up 3.6% from $326.6 million last year.
Thor Industries Inc. announced that it has completed the planned move of its corporate headquarters to Beardsley Avenue along the St. Joseph River in downtown Elkhart, Indiana. Thor was previously headquartered in Jackson Center, Ohio and announced the move in January as a strategic decision to be more accessible and active in the community. The new headquarters building was previously unoccupied and was renovated to include new design features providing a world-class atmosphere for the company. The new office will have the capacity to host a variety of meetings and events with dealers, suppliers, investors and the broader Elkhart community. Thor's corporate human resources, finance and accounting, legal and information technology departments are now housed at the new facility. The new address for Thor's corporate headquarters is: 601 East Beardsley Avenue, Elkhart, Indiana 46514-3305, Ph. 574-970-7460.
Thor Industries Inc. announced that its board of directors approved, at their March 22, 2013 meeting, the payment of a regular quarterly dividend of $0.18 per share. The regular dividend will be payable on April 19, 2013 to shareholders of record at the close of business on April 9, 2013.
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Industry Analysis
THO
Industry Average
| Valuation | THO | Industry Range |
| Price/Earnings | 16.3x |
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| Price/Sales | 0.6x |
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| Price/Book | 2.8x |
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| Price/Cash Flow | 15.1x |
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| TEV/Sales | 0.6x |
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