Sees FY25 revenue $9.0B-$9.5B, consensus $9.23B. Sees FY25 gross profit margin 13.8% to 14.5%- “THOR’s strong fiscal third quarter results strengthened the alignment of our year-to-date performance with our full-year financial guidance. Despite the strong quarter, margin pressures persist as we continue to manage through softer retail and wholesale demand in our North American Motorized and European segments and implement strategic actions to strengthen our relationships with our independent dealers. Taking into consideration results to date and our expectations for our North American and European operations for the final fiscal quarter, the Company has reaffirmed its revised financial guidance for FY25,” said Todd Woelfer, Senior Vice President and COO. “While we are maintaining our revised full-year guidance, we recognize that potential swings from uncertainties in the macro environment could be significant. Due to recent developments in trade policies, and considering the remaining duration of our fiscal year, THOR believes that its performance is still slated to fall solidly within its previously announced guidance, assuming no new material shifts within the macro or global trade environment. We will continue to provide transparent viewpoints of our performance and market conditions to enable investors and analysts to appreciate the current operating environment and our performance within that environment. The addition of Seth Woolf to our team better enables us to ensure that we are communicating THOR’s performance and value proposition in a transparent and effective manner,” concluded Woelfer.
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