THOR INDUSTRIES ANNOUNCES FISCAL 2026 FOURTH QUARTER AND FULL YEAR RESULTS

(NYSE:THO) THOR Industries, Inc. reported financial results for its fiscal 2026 fourth quarter and full year ended July 31, 2026. For the fourth quarter, net sales were $2,311,628,000, net income attributable to THOR was $40,838,000, and EBITDA was $130,004,000. Adjusted EBITDA for the quarter was $131,737,000, which excludes nonrecurring costs associated with strategic reorganization initiatives and the impact of gains on investments. Gross profit for the quarter was $285,632,000, with a gross profit margin of 12.4%. Diluted earnings per share for the quarter were $0.78. During the quarter, the company repurchased $34,300,000 of shares. For the full fiscal year 2026, net sales were $9,608,145,000, net income attributable to THOR was $177,539,000, and EBITDA was $541,912,000. Adjusted EBITDA for the year was $544,357,000. The company reduced debt by $59,700,000 and repurchased $115,100,000 of shares during the fiscal year. The European segment achieved net sales of $3,296,729,000 for the year, up 3.1% on a constant currency basis, and is positioned for the coming year following restructuring initiatives. North American Towable RVs segment reported fourth quarter net sales of $687,334,000, unit shipments of 20,616, and gross profit of $72,391,000. North American Motorized RVs segment reported fourth quarter net sales of $499,257,000, unit shipments of 3,806, and gross profit of $26,641,000. European RVs segment reported fourth quarter net sales of $969,193,000, unit shipments of 13,370, and gross profit of $148,711,000. As of July 31, 2026, order backlog for North American Towable RVs was $916,584,000, for North American Motorized RVs was $728,206,000, and for European RVs was $1,653,970,000. Independent dealer inventory levels declined 11.5% as of July 31, 2026 compared to July 31, 2025. The company’s North American Motorized and European segments gained market share for the six months ended June 30, 2026, with the North American Motorized segment up 130 basis points. The company expects the cumulative impact of key strategic initiatives and restructuring activities to drive costs out of the business and improve its earnings profile in excess of $100,000,000 annually once fully implemented. Leadership changes and a strategic evolution of the North American RV operating model were announced to amplify and accelerate benefits. The company will provide fiscal 2027 guidance after key industry events in September. THOR Industries continues to invest in relationships with independent dealer partners and retail customers, and is focused on expanding enterprise purchasing programs, growing its owned-supplier business, and optimizing organizational structure.

THOR INDUSTRIES ANNOUNCES REGULAR QUARTERLY DIVIDEND

(NYSE:THO) THOR Industries, Inc. announced that its Board of Directors approved the payment of a regular quarterly cash dividend of $0.52 per share. The dividend is payable on July 15, 2026, to shareholders of record at the close of business on July 1, 2026. THOR Industries is described as the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational vehicles. The announcement was made following the Board meeting on June 16, 2026. The release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on management's current expectations and beliefs regarding future and anticipated developments and their effects upon THOR. The company notes that actual results may differ materially from expectations due to various risks and uncertainties.