**Thor Industries Reports Q4 Fiscal 2024 Earnings Amid Revenue Decline**
Thor Industries, the world’s largest RV manufacturer, reported fourth-quarter earnings of $1.68 per share for fiscal 2024, surpassing the Zacks Consensus Estimate of $1.35 by 24%. The quarter ended July 31, 2024, showed revenues of $2.53 billion, exceeding estimates but reflecting a 7.4% decline year-over-year.
Despite achieving record sales during the pandemic that pushed revenues over $16 billion, recent trends indicate a downward revision in earnings expectations. Analysts have lowered the full-year fiscal 2025 EPS consensus from $6.76 to $4.85, reflecting concerns over market stabilization in the RV sector.
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