10-Q quarterly report · filed Dec 6, 2018

Thor Industries Inc (THO) Q4 2018 10-Q Quarterly Report

Short answer

Thor Industries Inc (THO) filed its Q4 2018 10-Q quarterly report on Dec 6, 2018 for the quarter ended Oct 31, 2018.

Thor Industries Inc Q4 2018 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $1,755,976, down 21.3% YoY from $2,231,668
  • Gross margin 11.8% vs 14.9% YoY, pretax margin 1.8% vs 8.4%
  • Towables largest segment: revenue $1,279,098, down 21.0%; gross margin 12.0% vs 15.9%
  • Cash $224,921, down $50,328; operating cash flow used $15,834 and capital expenditures totaled $34,453
  • Outlook: 2019 industry shipments forecast at 453,200 units, down 5.4%; acquisition financing commitments totaled $3.05 billion

Risk Factors

  • No 10-Q risk-factors discussion provided, preventing identification of changes since the 2017 10-K
  • Merger-clearance risk: transaction closing conditional on approvals across specified jurisdictions
  • Regulatory-remedy risk: Guarantor may need asset or business divestitures to eliminate antitrust impediments
  • Deal-completion risk: unresolved conditions permit withdrawal after the six-month Drop Dead Date
  • Financial exposure: purchase price includes EUR 246,739 daily cash amounts and EUR 370,109 increased daily amounts

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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