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$THO (-16.3% pre) RV Stocks Tumble After Airstream Parent Flashes Demand Warning - MW https://t.co/r7A7Gi9TUu
Thor Industries’ stock posts double-digit loss after earnings miss amid ‘challenging operating environment’ https://t.co/CoYuBTyw5j
$THO Thor industries negative on RV shipments for 2024, helps out $WGO Winnebago and $CWH Camping World shorts! Thor is pushing out its timeline for a recovery in wholesale RV shipments to 2025 (meaning 2024 weak). Shares of RV manufacturers and retailers tumbled after… https://t.co/MqZ9jmHoZv
Thor Industries, a major RV manufacturer, reported a miss in earnings and lowered guidance due to pressure from elevated interest rates affecting dealers and consumer spending. The stock dropped 17% pre-market, leading to double-digit losses. Thor Industries is negative on RV shipments for 2024, delaying recovery to 2025, impacting RV manufacturers and retailers.