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Thor announces preliminary sales for quarter, backlog, cash and investments

from Sacramento Bee

Thor Industries, Inc. announced that RV sales in the quarter ending October 31 were up 30 percent from the previous year, rising from $389,929,000 to $506,791,000. Preliminary consolidated sales in the quarter were $607,174,000, up 21 percent from $502,552,000 last year. "RV backlog is at a more reasonable level now that RV dealer inventory has been right-sized for current demand,” said Peter B. Orthwein, Thor chairman, CEO, and president. more

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