Thor Industries’ stock posts double-digit loss after earnings miss amid ‘challenging operating environment’

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Thor Industries Inc.’s stock fell sharply on Wednesday after the recreational vehicle maker missed quarterly profit expectations and cut its 2024 guidance in the face of a challenging environment.

Thor Industries THO stock fell 17% in premarket trades. Other RV stocks fell in sympathy, with Winnebago industries Inc. WGO down by about 7%, and RV seller Camping World CWH off 2.2%, while chassis maker LCI Industries Inc. LCII was unchanged.

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