🔮   THOR Industries: Market Still Digesting Economics, Still Overvalued

Finance

THOR Industries, Inc. (NYSE:THO), established in 1980, is the world's largest manufacturer of recreational vehicles ("RVs") on a unit volume and absolute dollar volume. With a diverse product portfolio encompassing North American towable RVs + motorized RVs, it serves independent, non-franchise dealers across the U.S., Canada, and Europe. According to Statistical Surveys, the company has ~40% share of the North American travel trailer market and ~48% of the motorhome market. It also holds ~25% share of the EU markets.

seekingalpha.com     Jul 19, 2024