Thor Industries stock rises as revenue beats but earnings miss

Thor Industries, Inc. (US8851601018) closed at USD 69.94 on the NYSE on September 22, 2026, while fiscal fourth-quarter revenue beat estimates and earnings fell short. The company reported quarterly sales of USD 2.31 billion for the period ended July 31, 2026, compared with USD 2.52 billion a year earlier.

Revenue beats as profit falls

According to StockTitan on September 22, 2026, Thor Industries reported fiscal fourth-quarter and full-year results for the year ended July 31, 2026. Quarterly net income attributable to Thor was USD 40.8 million, while EBITDA reached USD 130.0 million.

The revenue result was better than the earnings result. Investing.com reported on September 22, 2026, that adjusted earnings per share were USD 0.78, USD 0.13 below the USD 0.91 consensus estimate, while revenue exceeded the USD 2.17 billion estimate by USD 140 million. Revenue therefore declined 8.4 percent year over year, but still exceeded expectations by 6.5 percent.

Full-year profit shows the pressure

For fiscal 2026, Thor Industries generated USD 9.61 billion in net sales, up 0.3 percent from USD 9.58 billion in fiscal 2025. Net income was USD 177.5 million, down from USD 258.6 million, while fiscal-year EBITDA was USD 541.9 million, according to Placera on September 22, 2026.

The segment data explain why stable annual sales did not translate into stable earnings. North American Towable revenue declined 22.7 percent to USD 687.3 million in the fourth quarter, while North American Motorized revenue fell 10.4 percent to USD 499.3 million, as reported by Investing.com.

Stock remains near yearly low

Thor Industries stock closed at USD 69.94 on the NYSE on September 22, 2026. The quoted level was USD 2.63 above the 52-week low of USD 67.31 and USD 52.89 below the 52-week high of USD 122.83, while market capitalization stood at USD 3.64 billion, according to market data reported by MarketBeat on September 22, 2026.

Analyst expectations also remain cautious. MarketBeat reported on September 22, 2026, that BMO Capital Markets cut its price target from USD 110.00 to USD 95.00 on September 15, 2026, while Citigroup reduced its target from USD 79.00 to USD 76.00 on September 16, 2026. Both updates preserved their respective outperform and neutral ratings.

Thor Industries stock closes near USD 70

At USD 69.94 on the NYSE on September 22, 2026, the stock traded close to its 52-week low while fiscal 2026 sales were broadly flat and net income fell 31.3 percent year over year. The combination leaves quarterly margin recovery and North American demand as the central operating measures.

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