Monday, February 04, 2008
THEY SEEM TO BE THE ONLY RV COMPANY MAKING MONEY
Dayton Business Journal
RV and bus maker Thor Industries Inc. reported Monday an increase in preliminary sales for the second quarter and six months ending Jan. 31.
The Jackson Center-based manufacturer said preliminary sales in the second quarter hit $598 million, up 2 percent from $584 million in the prior year's period. RV sales were up 3 percent to $504 million from $491 million during the same period last year.
Bus sales were up 1 percent to $94 million from $93 million in the same quarter of 2007.
Six-month total sales chugged ahead to $1.36 billion up from the $1.31 billion, during the previous year. Bus sales were at a record $193 million, up 4 percent from $185 million during the same six month period last year. RV sales were up 4 percent to $1.17 billion from $1.13 billion in 2007.
Thor's backlog orders also saw an increase to $568 million, from $545 million in January 2007.
Shares of Thor were trading at $35.48 Monday morning, down 3 percent or $1.23 from Friday's close of $36.71.
Thor has 8,500 employees, with about 350 workers at its Jackson Center operations in Shelby County.
RV and bus maker Thor Industries Inc. reported Monday an increase in preliminary sales for the second quarter and six months ending Jan. 31.
The Jackson Center-based manufacturer said preliminary sales in the second quarter hit $598 million, up 2 percent from $584 million in the prior year's period. RV sales were up 3 percent to $504 million from $491 million during the same period last year.
Bus sales were up 1 percent to $94 million from $93 million in the same quarter of 2007.
Six-month total sales chugged ahead to $1.36 billion up from the $1.31 billion, during the previous year. Bus sales were at a record $193 million, up 4 percent from $185 million during the same six month period last year. RV sales were up 4 percent to $1.17 billion from $1.13 billion in 2007.
Thor's backlog orders also saw an increase to $568 million, from $545 million in January 2007.
Shares of Thor were trading at $35.48 Monday morning, down 3 percent or $1.23 from Friday's close of $36.71.
Thor has 8,500 employees, with about 350 workers at its Jackson Center operations in Shelby County.
