Thor Industries Sinks on Second-Quarter Earnings Miss
Thor Industries sagged 3.24% to $62.49 Wednesday after the recreational vehicle manufacturer missed Wall Street's second-quarter earnings and revenue expectations and warned of challenges for the rest of the year.
"For the rest of fiscal 2019, we expect to face challenges that may impact our financial results as dealers continue to closely manage inventory to levels that better reflect current retail demand, and their ability to replenish inventory more quickly," Bob Martin, Thor president and CEO, said in a statement.
https://www.thestreet.com/investing/thor-industries-sinks-on-second-quarter-earnings-miss-14888951?puc=CNBC&cm_ven=CNBC
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