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News and Information Article
JACKSON CENTER, Ohio, Dec. 6 /-FirstCall/ -- Thor Industries,
Inc. (NYSE: THO) the largest manufacturer of recreation vehicles and
mid-size commercial buses announced today that it received $238 million in
orders at the Louisville Recreation Vehicle Show last week. "Additional
orders are expected to be received this week and we anticipate that our
final order input will be the second highest ever," said Wade F. B.
Thompson, Thor Chairman.
Last year, $292 million in orders were received. Thor increased its
North American distribution network with the addition of over 400 dealers,
easily a record. "These results are very gratifying in view of the tight RV
market," Thompson added.
In November, Thors retail RV sales were 5,190 units, up 6% from last
year and were 91,946 units in the 11 months, up 7% according to our
internal tracking system. Travel trailer and fifth wheel retail sales were
up 6% and motor homes were up 9% in the month. Hurricane related units
totaling 1,017 in the month are excluded from last year. Also, hurricane
related units for the 11 months totaling 2,146 this year and 2,177 last
year are excluded.
This release includes "forward looking statements" that involve
uncertainties and risks. There can be no assurance that actual results will
not differ from the Companys expectations. Factors which could cause
materially different results include, among others, the success of new
product introductions, the pace of acquisitions and cost structure
improvements, competitive and general economic conditions, and the other
risks set forth in the Companys filings with the Securities and Exchange
Commission.
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