Thor grapples with rising costs

Investor's Business Daily

Recreational vehicle maker Thor Industries (THO) said fiscal Q3 earnings per share rose 12% to $1.03, 4 cents below analysts' estimates. Sales rose 13% to $1.047 bil, just missing analyst consensus for $1.048 bil. The Airstream RV maker cited production capacity challenges and rising costs as it ramps up its newest facility. Shares fell 1.6% to 60.40 after hours.

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