Backlog GrowthConsolidated backlog increased +20% q/q, the first sequential increase since FY4Q23, with towable backlog increasing +17% y/y.
Industry TailwindsThor benefits from RV industry tailwinds, including an aging population, ongoing replacement cycle, and popularity of RVs among millennials.
Towable Segment PerformanceTHO's towable segment is benefiting from incremental ship-in of private label/contract manufactured units.