THOR Industries, Inc. · NYSE:THO
THOR Industries — Q3 FY2021 Earnings Presentation
12 slides from THOR Industries's earnings presentation, June 2021
Slide 1: Third Quarter of Fiscal 2021 Financial Results
THIRD QUARTER OF FISCAL 2021 FINANCIAL RESULTS www.thorindustries.com
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation includes certain statements that are “forward-looking” statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 193
Slide 3: Record Third Fiscal Quarter 2021
RECORD THIRD FISCAL QUARTER 2021 “We posted record results in our third fiscal quarter, achieving both the highest quarterly net sales and net income figures in the history of THOR Industries. These results show that growth continued unabated after the initial temporary shutdown of our dealers and T
Slide 4: Quarterly Highlights
North American Independent Dealer Quarterly Highlights Inventory of THOR Products Third Fiscal Quarter 2021 Net Sales $3.46 billion * +106% European Other 25.8% 1.9% * Includes 600 units of Tiffin products NA Motorized $0.89 bn $0.06 bn 22.4% $0.78 bn RV Backlog $14.32 billion +548.3% NA Towables 49
Slide 5: Financial Results
Financial Results Third Quarter of Fiscal 2021 Net Sales Net sales increased 105.7% to $3.46 billion in the third quarter of fiscal 2021 compared to the prior-year period, due to both the continuing increase in current consumer demand and the negative impact the start of the COVID-19 pandemic had on
Slide 6: North American Towable Segment
North American Towable Segment Third Quarter of Fiscal 2021 Net Sales Net sales of North American Towable RVs increased 123.2% in the third quarter of fiscal 2021 compared to the prior-year period, driven primarily by an increase in unit shipments Gross Profit Margin Gross profit margin increased 12
Slide 7: North American Motorized Segment
North American Motorized Segment Third Quarter of Fiscal 2021 Net Sales Fiscal 2021 third quarter net sales of North American Motorized RVs increased 193.7% compared to the prior-year period, driven primarily by an increase in unit shipments and the addition of $151.7 million of net sales of the Tif
Slide 8: European Segment
European Segment Third Quarter of Fiscal 2021 Net Sales European RV segment net sales for the fiscal third quarter increased 45.3% from the prior- year period, primarily due to the continuing increase in current consumer demand in conjunction with the negative impact of the early stages of the COVID
Slide 9: RV Industry Overview
RV Industry Overview North America Consumer Confidence vs. RV Retail Registrations 2021 Industry Wholesale Shipments by Type (2) Note: 2021 represented above includes the trailing twelve months of registrations ended March Calendar Year-to-Date RV Retail Market Share (1)(4) 1.5% 1.2% 1.4% 1.2% 8.5%
Slide 10: RV Industry Overview
RV Industry Overview North America RV Wholesale Market Trends (Units 000's) YTD Shipments (Units) March 2021 March 2020 Unit Change % Change 5-year CAGR: 2.8% 148,507 100,404 48,103 +47.9% Towable RV Wholesale Market Trends (Units 000's) YTD Shipments (Units) March 2021 March 2020 Unit Change % Chan
Slide 11: RV Industry Overview: Europe First-Quarter Registrations
RV Industry Overview Europe European Industry Unit Registrations by Country (1) Caravans Motorcaravans Total • The Company monitors retail trends First-Quarter Registrations Country CYTD March 31, % CYTD March 31, % CYTD March 31, % in the European RV market as 2021 2020 Change 2021 2020 Change 2021
Slide 12: Contact: Mark Trinske, Vice President of Investor Relations
CONTACT: Mark Trinske Vice President of Investor Relations mtrinske@thorindustries.com (574) 970-7912 www.thorindustries.com