Thor Industries (THO) reported Q4 EPS of $5.15, $1.33 better than the analyst estimate of $3.82. Revenue for the quarter came in at $3.82 billion versus the consensus estimate of $3.71 billion.
Outlook
“As we enter our fiscal 2023, there remains a level of uncertainty in respect to near-term economic growth and consumer demand. While we navigate this volatility, our experienced operating management teams and proven business model give us a distinct advantage in an ever-changing market. We remain confident in the resiliency of our business model based on our past performance over previous economic cycles, the strength and experience of our management teams, and our discipline to remain focused on what we can control," said CEO Bob Martin.
Fiscal 2023 Guidance
Going forward, THOR plans to begin providing annual guidance. Due to the concurrent timing of our annual Dealer Open House and year-end earnings release, the Company will provide its annual guidance for the full-year fiscal 2023 following the conclusion of the Dealer Open House and in conjunction with its first quarter fiscal 2023 earnings release.