Thor Announces Preliminary Sales for Quarter, 6 Months; Retail RV Sales in Quarter; Backlog.
JACKSON CENTER, Ohio, Feb. 5, 2007 -- Thor Industries announced today preliminary sales for the quarter and 6 months ended January 31, 2007.
Sales in the quarter were $587 million, down 9% from $642 million last year. RV sales were $495 million, down 14% from $572 million last year. Excluding estimated hurricane related sales last year of $38 million, RV revenues were down 7%. Bus sales were a record $92 million, up 31% from $70 million last year.
Sales in the 6 months were $1.3 billion, down 6% from $1.4 billion last year. RV sales were $1.13 billion, down 10% from $1.25 billion last year. Excluding estimated hurricane related sales of $114 million last year, RV revenues were down 1%. Bus sales were a record $184 million, up 23% from $149 million last year.
RV retail sales in the quarter, excluding hurricane related sales last year, were 12,864 units, up 1% from last year, according to the company's internal tracking system.
Backlog on January 31, 2007 was $545 million, down 19% from $672 million last year. RV backlog was $338 million, down 32% from $498 million last year. Towables backlog was $238 million, down from $376 million last year. Motor home backlog was $100 million, down from $122 million last year. Bus backlog was $207 million, up 19% from $174 million last year.
Thor is the world's largest manufacturer of recreation vehicles and a major builder of commercial buses.
