Key facts
- Thor Industries reported Q3 fiscal 2026 net sales of $2.78 billion, down 3.9% year-over-year.
- Q3 fiscal 2026 gross profit decreased by 19.9% year-over-year.
- Nine-month fiscal 2026 net sales increased by 3.4% to $7.30 billion.
- GAAP EPS was $1.86, missing estimates by $0.07.
- Revenue surpassed expectations by $130 million.
Thor Industries announced its financial results for the third quarter of fiscal year 2026, ending April 30. The company reported net sales of $2.78 billion, a 3.9% decrease from the prior year's quarter. Gross profit for the quarter was $354.77 million, down 19.9% year-over-year. For the nine-month period, net sales increased by 3.4% to $7.30 billion. Thor reported GAAP EPS of $1.86, missing estimates by $0.07, while revenue reached $2.78 billion, surpassing expectations by $130 million. The company warned of soft consumer sentiment and rising material costs, leading to a stock slide.