Thor industries announces first quarter fiscal 2025 results

Fiscal 2025 first quarter highlights ($ in thousands, except for per share data)   three months ended october 31,     2024   2023   net sales $ 2,142,784     $ 2,500,759     gross profit $ 281,442     $ 357,932     gross profit margin %   13.1 %     14.3 %   net income (loss) attributable to thor $ (1,832 )   $ 53,565     diluted earnings (loss) per share $ (0.03 )   $ 0.99     cash flows from operations $ 30,740     $ 59,668                       ebitda(1) $ 81,733     $ 160,057     adjusted ebitda(1) $ 107,782     $ 166,918         (1) see reconciliation of non-gaap measures to most directly comparable gaap financial measures included in this release       key takeaways from fiscal 2025 first quarter first quarter performance continued to be impacted by the current macro environment, in line with expectations margins held up well relative to the challenging market remained focused on our strategic commitment to long-term investments to create a sustainable competitive advantage and enhanced margin profile restructured leadership team to allow for greater focus in north america from our ceo, bob martin strategic, nonrecurring costs incurred during the quarter unfavorably impacted first quarter results, but actions are expected to result in future annual savings of over $10 million full-year fiscal 2025 financial guidance held constant as originally provided consolidated net sales in the range of $9.0 billion to $9.8 billion consolidated gross profit margin in the range of 14.7% to 15.2% diluted earnings per share in the range of $4.00 to $5.00 elkhart, ind., dec. 04, 2024 (globe newswire) -- thor industries, inc. (nyse: tho) today announced financial results for its fiscal 2025 first quarter, ended october 31, 2024.
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