The RV Industry is on a Thunderous Roll | THO Stock Analysis

2 years ago
2

Thor Industries (THO) is up modestly despite delivering a thunderous Q1 report, topping estimates handily on the top and bottom lines. With the RV manufacturers' two major regions, North America and Europe, having largely reopened and lifted most COVID restrictions, analysts expected a modest slowdown in growth for THO this quarter. However, in light of THO's second straight quarter of achieving triple-digit earnings upside and smashing analysts' revenue growth expectations, it does not appear that RV goers will be breaking down their campsites any time soon.

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