-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WzaqfT6A8yKXRVbN0LV0+hROUfgB8q/ZZZARzzs+B6qKeB3ikZLd0ql3BPN7oSL8 nMT0HsCnEZpYAvMEPz1U4g== 0000950123-10-072619.txt : 20100804 0000950123-10-072619.hdr.sgml : 20100804 20100804172440 ACCESSION NUMBER: 0000950123-10-072619 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20100804 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100804 DATE AS OF CHANGE: 20100804 FILER: COMPANY DATA: COMPANY CONFORMED NAME: THOR INDUSTRIES INC CENTRAL INDEX KEY: 0000730263 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR HOMES [3716] IRS NUMBER: 930768752 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09235 FILM NUMBER: 10991997 BUSINESS ADDRESS: STREET 1: 419 W PIKE ST CITY: JACKSON CENTER STATE: OH ZIP: 45334 BUSINESS PHONE: 9375966849 MAIL ADDRESS: STREET 1: 419 W PIKE STREET CITY: JACKSON CENTER STATE: OH ZIP: 45334 8-K 1 l40434e8vk.htm FORM 8-K e8vk
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): August 4, 2010
Thor Industries, Inc.
(Exact Name of Registrant as Specified in Charter)
         
Delaware
(State or Other Jurisdiction of
Incorporation)
  1-9235
(Commission File Number)
  93-0768752
(IRS Employer
Identification No.)
     
419 West Pike Street, 45334-0629
Jackson Center, Ohio (Zip Code)
(Address of Principal Executive Offices)  
Registrant’s telephone number, including area code: (937) 596-6849
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 2.02   Results of Operations and Financial Condition.
     On August 4, 2010, Thor Industries, Inc. (the “Company”) issued a press release announcing certain financial results for the quarter and twelve months ended July 31, 2010. A copy of the Company’s press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
     In accordance with general instruction B.2 to Form 8-K, the information set forth in Item 2.02 of this Form 8-K (including Exhibit 99.1) shall be deemed “furnished” and not “filed” with the Securities and Exchange Commission for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any filing thereunder or under the Securities Act of 1933, as amended.
Item 9.01   Financial Statements and Exhibits.
     (d) Exhibits
         
Exhibit Number   Description
  99.1    
Copy of press release, dated August 4, 2010, issued by the Company

 


 

SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  Thor Industries, Inc.
 
 
Date: August 4, 2010  By:   /s/ Christian G. Farman   
    Name:   Christian G. Farman   
    Title:   Senior Vice President, Treasurer and Chief Financial Officer   
 

 


 

EXHIBIT INDEX
         
Exhibit    
Number   Description
  99.1    
Copy of press release, dated August 4, 2010, issued by the Company

 

EX-99.1 2 l40434exv99w1.htm EX-99.1 exv99w1
Exhibit 99.1
(LETTERHEAD)
     
Date:
  August 4, 2010
Contact:
  Peter B. Orthwein or Richard E. Riegel III
THOR ANNOUNCES PRELIMINARY SALES FOR QUARTER, FISCAL YEAR;
BACKLOG, CASH AND INVESTMENTS
Thor Industries, Inc. (NYSE:THO) announced today preliminary sales and backlog for the quarter and twelve months ended July 31, 2010.
Sales in the quarter were $664 million, up 51% from $441 million last year. RV sales were $564 million, up 67% from $338 million last year. Bus Group sales, which include buses and ambulances, were $100 million, versus $103 million last year.
Sales in the fiscal year were $2.277 billion, up 50% from $1.522 billion last year. RV sales were $1.849 billion, up 66% from $1.115 billion last year. Bus Group sales were $428 million, up 5% from $407 million last year.
Cash, cash equivalents and investments on July 31, 2010 were $252 million versus $342 million last year. Backlog on July 31, 2010 was $489 million, compared to $588 million last year. RV backlog was $261 million, versus $298 million last year. Bus Group backlog was $228 million versus $290 million last year.
“We are pleased with the dramatic rebound in the RV industry and with Thor’s leadership position in its industries. Thor is well positioned for future growth,” said Peter B. Orthwein, Thor Chairman, CEO, and President. “Thor’s internal retail sales results continue to show improvements through June and July, compared to prior year. Our current higher RV production rates have worked the RV order backlog from prior unsustainable highs to appropriate levels for anticipated market performance in fiscal 2011. Reductions in the Bus Group backlog reflect the end of federal stimulus funding for transit buses,” he added.
This release includes certain statements that are “forward looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward looking statements involve uncertainties and risks. There can be no assurance that actual results will not differ from our expectations. Factors which could cause materially different results include, among others, additional issues that may arise in connection with the findings of the completed investigation by the Audit Committee of the Board of Directors of Thor Industries, Inc. (the “Company”) and the SEC’s requests for additional information and the discussion of possible settlement with the SEC relating to the matters raised by the Audit Committee’s investigation, fuel prices, fuel availability, lower consumer confidence, interest rate increases, tight lending practices, increased material costs, the success of new product introductions, the pace of acquisitions, cost structure improvements, the impact of auction market failures on our liquidity, competition and general economic conditions and the other risks and uncertainties discussed more fully in Item 1A of the Company’s Annual Report on Form 10-K for the year ended July 31, 2009 and Part II, Item 1A of the Company’s Quarterly Report on Form 10-Q for the period ended April 30, 2010. The Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward looking statements contained in this release or to reflect any change in the Company’s expectations after the date of this release or any change in events, conditions or circumstances on which any statement is based except as required by law.

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