Thor Industries

THOR Industries Announces Regular Quarterly Dividend

Retrieved on: 
Tuesday, March 26, 2024
THO, Thor Industries

ELKHART, Ind., March 26, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its March 26, 2024 meeting, the payment of a regular quarterly cash dividend of $0.48 per share.

Key Points: 
  • ELKHART, Ind., March 26, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its March 26, 2024 meeting, the payment of a regular quarterly cash dividend of $0.48 per share.
  • The regular cash dividend is payable on April 23, 2024, to shareholders of record at the close of business on April 9, 2024.

HARBINGER MOTORS DELIVERS FIRST ELECTRIC CHASSIS TO THOR INDUSTRIES

Retrieved on: 
Wednesday, March 13, 2024
Harbinger, Recreational vehicle, Ridge, Partnership, Transport, Plant, Thor Industries, Series, Chassis, Management

GARDEN GROVE, Calif., March 13, 2024 /PRNewswire/ -- Harbinger, a Southern California-based automotive manufacturer, delivered its first customer chassis to THOR Industries this month. THOR Industries is the sole owner of operating companies which, combined, represents the world's largest manufacturer of recreational vehicles.

Key Points: 
  • THOR Industries is the sole owner of operating companies which, combined, represents the world's largest manufacturer of recreational vehicles.
  • "Harbinger's delivery of our first electric chassis to THOR paves the way for a new standard in the future of recreational vehicles," said John Harris, CEO of Harbinger Motors.
  • "Together with THOR, Harbinger is demonstrating our commitment to class-leading engineering and environmental stewardship."
  • This marks the first customer delivery of the Harbinger electric chassis, which THOR plants to upfit into an electrified class A RV.

THOR Industries Announces Second Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, March 6, 2024
Senior, USD, Microsoft PowerPoint, Growth, Calendar, Tax, Thor Industries, ABL, Hand, Environment, Pressure, Security (finance)

ELKHART, Ind., March 06, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced financial results for its second fiscal quarter ended January 31, 2024.

Key Points: 
  • European RV income before income taxes for the second quarter of fiscal 2024 was $38.1 million compared to income before income taxes of $12.0 million during the second quarter of fiscal 2023.
  • During the fiscal second quarter, we continued to sustain production levels that mirror the pace of retail sales, resulting in modest restocking of approximately 4,000 units, far below historical restocking levels for our fiscal second quarter.
  • The Company’s fiscal 2024 guidance has been revised to reflect challenging market conditions expected to persist into the second half of fiscal 2024.
  • While this delay will impact our earnings results in fiscal 2024, we have strong confidence in our ability to deliver on our revised fiscal 2024 outlook,” concluded Martin.

THOR Industries Announces Date For Its Fiscal 2024 Second Quarter Earnings Release

Retrieved on: 
Thursday, February 22, 2024
Thor Industries, THO

ELKHART, Ind., Feb. 22, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that the date for its fiscal 2024 second quarter earnings release will be on Wednesday, March 6, 2024 before the market opens.

Key Points: 
  • ELKHART, Ind., Feb. 22, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that the date for its fiscal 2024 second quarter earnings release will be on Wednesday, March 6, 2024 before the market opens.
  • Upon the release of THOR's fiscal 2024 second quarter earnings, the Company will concurrently publish a copy of the earnings release, a comprehensive question and answer document and a slide presentation on the Company's website.
  • To view the quarterly earnings documents, please go to http://ir.thorindustries.com/ .

Together Outdoors Expands Inclusive Micro-Grant Program to Foster Diversity in Outdoor Recreation, Calls for Applications

Retrieved on: 
Wednesday, February 21, 2024
Disability, Multimedia, Education, Commerce, GDP, Recreation, Organization, Thor Industries, Research, Environment, Inclusive, Partnership

"As we unveil the second round of our Inclusive Micro-Grant Program, our commitment to diversity and representation in the great outdoors has never been stronger," says Ambreen Tariq, Senior Program Director at Outdoor Recreation Roundtable and Together Outdoors Coalition Lead. "This initiative is more than just a grant program; it's a statement that the outdoors is a space where everyone—no matter your color, creed, or community--should feel at home. By supporting grassroots organizations with the passion and purpose to drive change, we're not just funding projects – we're investing in a future where outdoor equity is the norm. We're eager to see the innovative and impactful ways our grantees will use these funds to break down barriers to outdoor recreation."

Key Points: 
  • This unique program, in addition to TO's overall efforts, is made possible thanks to foundational support from THOR Industries.
  • "As we unveil the second round of our Inclusive Micro-Grant Program, our commitment to diversity and representation in the great outdoors has never been stronger," says Ambreen Tariq, Senior Program Director at Outdoor Recreation Roundtable and Together Outdoors Coalition Lead.
  • In 2022, thanks to THOR Industries, Winnebago and Airstream, Together Outdoors Inclusive Micro-Grant Program distributed $54,000 across nine organizations.
  • Together Outdoors invites grassroots organizations that embody these focus areas and share our vision for a diverse outdoor community to apply for the Inclusive Micro-Grant Program.

THOR Industries, Inc. Names Jeffrey D. Lorenger to Its Board of Directors

Retrieved on: 
Monday, February 5, 2024
General counsel, Retirement, Furniture, MBA, HNI Corporation, THO, University, HNI, Thor Industries, BBA, Management

ELKHART, Ind., Feb. 05, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) announced today the appointment of Jeffrey D. Lorenger to its Board of Directors, effective February 1, 2024.

Key Points: 
  • ELKHART, Ind., Feb. 05, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) announced today the appointment of Jeffrey D. Lorenger to its Board of Directors, effective February 1, 2024.
  • Mr. Lorenger, age 58, is the President, Chief Executive Officer, and Chairman of the Board for HNI Corporation, a leading manufacturer of workplace furnishings and residential building products.
  • Mr. Lorenger has served in his role of President and CEO since June 2018 and has been Chairman of the HNI Board of Directors since February 2020.
  • Mr. Lorenger fills the Board seat recently vacated upon Wilson Jones’ retirement from the Board in December 2023.

THOR INDUSTRIES ANNOUNCES APPOINTMENT OF CHIEF HUMAN RESOURCES OFFICER

Retrieved on: 
Tuesday, January 23, 2024
DePaul University, Hub Group, Business administration, Assurance, Business, Thor Industries, Lewis University, Safety, CHRO, National Express, Workforce, THO, Management

ELKHART, Ind., Jan. 23, 2024 /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) announced today the appointment of Michele McDermott as Chief Human Resources Officer (CHRO).

Key Points: 
  • ELKHART, Ind., Jan. 23, 2024 /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) announced today the appointment of Michele McDermott as Chief Human Resources Officer (CHRO).
  • In this role, Ms. McDermott will be responsible for the Company's human resources strategy and operations; talent management; inclusion; safety; and compensation and benefits.
  • She will join the executive leadership team reporting to THOR President and Chief Executive Officer Bob Martin.
  • Ms. McDermott brings more than 25 years of experience in human resources leadership with large-scale, global enterprises and publicly traded companies.

Lightship Secures $34 Million Series B to Bring the L1 All-Electric Travel Trailer to Market

Retrieved on: 
Wednesday, January 17, 2024
Life, SAN, Travel, L1, Thor Industries

SAN FRANCISCO, Jan. 17, 2024 /PRNewswire/ -- Lightship, America's first all-electric RV company, today announced the completion of a $34 million Series B financing to accelerate production of the Lightship L1. The round was co-led by Obvious Ventures and Prelude Ventures and joined by Allegis Capital and global RV manufacturer THOR Industries and its investment partner TechNexus Venture Collaborative. Returning investors Congruent Ventures, HyperGuap, and Alumni Ventures also joined the fundraise.

Key Points: 
  • SAN FRANCISCO, Jan. 17, 2024 /PRNewswire/ -- Lightship, America's first all-electric RV company, today announced the completion of a $34 million Series B financing to accelerate production of the Lightship L1.
  • "We're thrilled to co-lead this round with Prelude Ventures and partner with Lightship to bring the L1 to campgrounds around the country."
  • "We take pride in what we've created at Lightship and have been humbled with the reception of the L1.
  • "We have a bold vision for the future of recreational travel, and this is just the beginning of what's to come from Lightship."

THOR Industries Announces Regular Quarterly Dividend

Retrieved on: 
Thursday, December 14, 2023
THO, Thor Industries, Holding company

ELKHART, Ind., Dec. 14, 2023 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its December 14, 2023 meeting, the payment of a regular quarterly cash dividend of $0.48 per share.

Key Points: 
  • ELKHART, Ind., Dec. 14, 2023 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its December 14, 2023 meeting, the payment of a regular quarterly cash dividend of $0.48 per share.
  • The regular cash dividend is payable on January 11, 2024, to shareholders of record at the close of business on December 28, 2023.

THOR Industries Announces First Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, December 6, 2023
Tax, Partnership, Risk, Hand, Environment, USD, ABL, Microsoft PowerPoint, Thor Industries, Growth, Automation, Senior, Security (finance)

ELKHART, Ind., Dec. 06, 2023 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced financial results for its first fiscal quarter ended October 31, 2023.

Key Points: 
  • European RV income before income taxes for the first quarter of fiscal 2024 was $28.8 million, compared to a loss before income taxes of $6.5 million during the first quarter of fiscal 2023.
  • “In the first quarter of fiscal 2024, we generated cash flow from operations of $59.7 million.
  • Based on the Company’s fiscal first quarter performance and current expectations for the remainder of the fiscal year, the Company is reaffirming its previously communicated full-year fiscal 2024 guidance.
  • For fiscal 2024, the Company’s full-year guidance includes:
    THOR Industries has provided a comprehensive question and answer document, as well as a PowerPoint presentation, relating to its quarterly results and other topics.