(RTTNews) - While reporting financial results for the second quarter on Wednesday, Thor Industries, Inc. (THO), manufacturer of recreational vehicles, slashed its earnings and net sales guidance for the full-year 2025.
For fiscal 2025, the company now projects earnings in a range $3.30 to $4.00 per share on net sales between $9.0 billion and $9.5 billion.
Previously, the company expected earnings in the range $4.00 to $5.00 per share on net sales between $9.0 billion and $9.8 billion.
On average, analysts polled expected the company to report earnings of $4.48 per share on net sales of $9.43 billion for the year. Analysts' estimates typically exclude special items.
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