More on Thor Industries (THO): FQ1 results miss across-the-board despite a big jump in total...

|About: Thor Industries, Inc. (THO)|By:, SA News Editor

More on Thor Industries (THO): FQ1 results miss across-the-board despite a big jump in total revenue Y/Y. Net profit actually rose 39%, driven by double-digit sales gains, but the recreational vehicle maker's bottom line results were hurt by continuing competitive pricing pressures and a number of nonrecurring expenses. Bus margins were also affected by a shift in product mix toward lower-margin units. Shares -6.5% AH.