Shares of Thor Industries Inc. on Monday announced the temporary suspension of all production of its recreational vehicles in North America, and a temporary halt to a portion of production in Europe because of the coronavirus pandemic. Shares of Thor are down 40% in the last year. The broader S&P 500 index is down 20% in the last year.
Their five-year revenue per share growth rates outperformed the S&P; 500 index Continue reading...
Thor Industries (NYSE: THO) announced that its North American operating companies reopened their assembly operations today.
Every day of this week, Thor Industries (NYSE: THO) stock has climbed a little bit higher, before finally zooming ahead 11.5% in Friday trading (as of 12:30 p.m. EDT). Success, it seems, begets success, and after Thor announced on Monday that it has reopened its North American assembly operations, investors have been rewarding Thor stock day after day in hopes that things will soon get back to "normal" for the Elkhart, Indiana-based RV manufacturer. As the investor resource explains, "When building your watch list, [you should] look for stocks with an 80 or higher RS Rating [and] Thor Industries ... now meets that criteria, with an increase from 77 to 84 Friday."
All four Dayton stocks that trade regularly on an exchange fared worse than the broad market by mid-afternoon Wednesday.
As communities across the country continue to grapple with the growing pandemic, many of the RV brands owned by THOR Industries (NYSE:THO) are stepping up to support healthcare workers with critical supplies and mobile units to fight the spread of the virus.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Moody's Investors Service ("Moody's") downgraded its ratings for Thor Industries, Inc. ("Thor"), including the company's corporate family rating (CFR; to B1 from Ba3) and probability of default rating (to B1-PD from Ba3-PD), and the rating on the company's senior secured term loan (to B2 from Ba3). The speculative grade liquidity (SGL) rating was downgraded to SGL-2 from SGL-1. The ratings outlook is negative.
Thor Industries, Inc. (NYSE: THO) today announced that the Company has implemented a combination of pay reductions and furloughs as it manages through the COVID-19 pandemic.
All four locally based stocks that trade regularly on an exchange posted gains by the end of the trading session Monday.
Thor Industries (NYSE: THO) today provided an update on global operations, market conditions, community support and go-forward strategies for employee safety. The RV industry leader, with production facilities in Indiana, Ohio, Michigan, Idaho, Oregon, Germany, Italy, the UK and France, is looking forward to continuing to help people enjoy the outdoors, when it is safe to do so.
Capital Growth Management buys D.R. Horton, sells Thor Industries Continue reading...
Thor Industries, Inc. (NYSE: THO) today provided an operations update in response to the evolving conditions relating to the coronavirus (COVID-19) pandemic.
Thor Industries Inc. (NYSE:THO) has temporarily suspended all production in North America amid the spread of the novel coronavirus (COVID-19) — a move that could impact many of the company's nearly 1,000 local employees. The RV manufacturer, which owns Shelby County-based Airstream, announced the decision Monday, citing statewide emergency declarations in states like Indiana and Ohio, where much of its manufacturing activity takes place. Related: Ohio orders residents to stay at home; closes 'nonessential' businesses Affected employees include production workers in Ohio, Indiana, Michigan, Idaho and Oregon; as well as "a substantial portion" of production in Europe.
Thor Industries (NYSE:THO) announced it has published the RV industry's first comprehensive report detailing North American RV consumer travel and purchase intent since the onset of the coronavirus pandemic. As the global RV leader, Thor conducted the survey to support their dealer partners and help gain a better understanding of consumer sentiment.
Shares of Camping World Holdings (NYSE: CWH), Winnebago Industries (NYSE: WGO), and Thor Industries (NYSE: THO), various manufacturers and retailers within the recreational vehicle industry, all jumped at least 9% higher Monday after a couple of positive developments sent markets higher. Federal Reserve Chairman Jerome Powell boosted investor confidence when he commented on CBS's 60 Minutes that, "There's a lot more we can do," and that the Fed had plenty more ammunition if needed.
Since last week, a bevy of other companies and universities have announced plans to assist Miami Valley hospitals.
This Earth Day, THOR Industries (NYSE:THO), the world's largest manufacturers of RVs, is asking campers, RVers and outdoor lovers alike to join in the pledge to Pick Up America.
Markets rebounded aggressively Tuesday on hopes that Congress would finalize an estimated $2 trillion stimulus plan to stabilize the U.S. economy amid the novel coronavirus (COVID-19) pandemic.
Thor Industries, Inc. (NYSE: THO) today announced that the date for its fiscal third quarter earnings release will be Monday, June 8, 2020, before the market opens.