Thor Industries Inc (NYSE:THO) stock fell 0.76% (As on June 5, 11:21:09 AM UTC-4, Source: Google Finance) after the company reported better-than-expected fiscal third quarter earnings and revenue. The net income rose 18.1% to $135.2 million compared to the same quarter last year. During the third quarter, the company generated cash from operations of approximately $257.7 million, bringing the fiscal year-to-date total to $319.2 million. The company has improved the cash flow from operating activities by over $100 million on a year-over-year basis by executing on the proven operating model and significantly reducing the working capital. As of April 30, Thor had total liquidity of approximately $1.49 billion, including $508.3 million in cash. Consolidated gross profit margin for the third quarter of fiscal 2025 was 15.3%, an increase of 20 basis points over the third quarter of fiscal 2024. EBITDA and Adjusted EBITDA for the third quarter of fiscal 2025 were $233.0 million and $254.8 million, respectively, compared to $232.3 million and $236.1 million, respectively, for the third quarter of fiscal 2024.

Moreover, North American Towable RV net sales for the third quarter of fiscal 2025 increased 9.1% compared to the prior-year period. This increase in net sales was the result of a 5.5% increase in unit shipments compared to the prior-year period, as well as a 3.6% increase in the overall net price per unit primarily due to an increased proportion of fifth wheel units within the product mix. North American Motorized RV net sales increased 3.1% for the third quarter of fiscal 2025 compared to the prior-year period. The increase resulted from a 10.9% increase in unit shipments. European RV net sales decreased 5.1% for the third quarter of fiscal 2025 compared to the prior-year period driven by a 12.2% decrease in unit shipments offset in part by a 7.1% increase in the overall net price per unit.

THO in the third quarter of FY25 has reported the adjusted earnings per share of $2.53, beating the analysts’ estimates for the adjusted earnings per share of $1.76. The company had reported the adjusted revenue growth of 3.3 percent to $2.89 billion in the third quarter of FY25, beating the analysts’ estimates for revenue of $2.6 billion.

For fiscal year 2025, Thor reaffirmed its guidance of $9.0 billion to $9.5 billion in revenue and earnings per share between $3.30 and $4.00. Analysts expect full-year EPS to come in at $3.47, with revenue expected to be $9.23 billion.