Thor Industries stock reports fiscal 2026 results after margin pressure

Published on 10/04/2026 at 12:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Thor Industries stock posted USD 2.31 billion in fourth-quarter sales, while diluted EPS came in at USD 0.78 versus USD 0.88 consensus. The average analyst target is USD 84.89.

THO, US8851601018, Illustration mit AI erstellt.

Thor Industries stock (ISIN US8851601018) was trading at USD 69.55 on the NYSE on October 2, 2026 at 4:00 p.m. ET, with a daily change of 0.72 percent. The latest company results show revenue holding up while profitability weakened, according to PR Newswire on September 22, 2026.

Fiscal 2026 revenue edges higher

THOR generated USD 9.61 billion in fiscal 2026 revenue, up 0.3 percent from USD 9.58 billion in fiscal 2025. The comparison is less favorable below the top line: net income attributable to THOR fell to USD 177.5 million from USD 258.6 million, while diluted EPS declined to USD 3.38 from USD 4.84, the company reported through PR Newswire.

The fiscal-year gross margin was 12.6 percent, down from 14.0 percent a year earlier. THOR also repurchased USD 115.1 million of shares and reduced debt by USD 59.7 million during fiscal 2026, according to PR Newswire.

North America drives margin strain

Fourth-quarter revenue fell 8.4 percent year over year to USD 2.31 billion, while diluted EPS was USD 0.78 versus USD 0.88 consensus, according to MarketBeat. Gross margin narrowed to 12.4 percent from 14.7 percent in the year-ago quarter.

The North American Towable segment recorded USD 687.3 million in quarterly sales, down 22.7 percent, while European RV sales increased 5.0 percent to USD 969.2 million. The split shows where the pressure is concentrated: European demand provided resilience, but North American volume and promotional activity weighed on earnings.

Consensus leaves room for recovery

MarketBeat reports a Hold consensus from 14 analysts, including 11 Hold ratings and three Buy ratings, with an average 12-month price target of USD 84.89. That target lies 22.1 percent above the USD 69.55 reference price.

The analyst picture is not uniformly constructive. MarketBeat says Robert W. Baird lowered its target from USD 90.00 to USD 80.00 and kept a Neutral rating on September 23, 2026, while the broader target range cited in the report spans USD 76.00 to USD 96.00.

Stock remains near yearly low

At USD 69.55 on October 2, 2026, THOR was 3.3 percent above its 52-week low of USD 67.31 and 43.4 percent below its 52-week high of USD 122.83. The company had a market capitalization of USD 3.6 billion and trading volume of 665,590 shares on that session.