Company description

Thor Industries, Inc. (ticker symbol THO) is a leading manufacturer of recreational vehicles in the United States. The company was founded in 1980 and is headquartered in Elkhart, Indiana. THO specializes in producing a diverse range of RVs, including travel trailers, motorhomes, and fifth wheels, under various brand names such as Airstream, Heartland, and Jayco. With a market capitalization of over $3 billion, THO has established itself as a dominant player in the RV industry. The company has expanded its reach beyond the domestic market and now has a global presence, with manufacturing facilities in the US, Europe, and Asia. THO also offers a robust aftermarket segment, providing customer support services, RV parts, and accessories. Despite facing challenges due to fluctuations in fuel prices and changes in consumer preferences, THO has maintained a strong financial position, reporting consistent growth in revenue and profits. The company's success can be attributed to its commitment to innovation and quality, as well as its ability to capitalize on the growing demand for outdoor recreation. THO strives to create a sense of community among its customers by organizing rallies and events, showcasing its products and fostering brand loyalty. As the demand for RVs continues to rise, THO is well-positioned to capitalize on the various growth opportunities in the recreational vehicle market.