Thor Industries Inc

THO: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Thor Earnings: Cost Controls Working but Fiscal 2027 Brings Uncertainty

David Whiston

Sep 23, 2026

Thor's fiscal 2026 fourth-quarter diluted EPS fell 66.9% year over year while gross margin fell 230 basis points to 12.4% and adjusted EBITDA fell 37.1%. Total units fell 12% but backlog rose 8% thanks to towables and Europe. Management is waiting until later in 2026 to give fiscal 2027 guidance.

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Thor Industries Inc

Thor Earnings: Cost Controls Working but Fiscal 2027 Brings Uncertainty

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