0001193125-12-337842.txt : 20120806 0001193125-12-337842.hdr.sgml : 20120806 20120806163107 ACCESSION NUMBER: 0001193125-12-337842 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120802 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120806 DATE AS OF CHANGE: 20120806 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: 121010140 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 d392236d8k.htm 8-K 8-K

 

 

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 2, 2012

 

 

Thor Industries, Inc.

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   1-9235   93-0768752

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

419 West Pike Street,

Jackson Center, Ohio

 

45334-0629

(Address of Principal Executive Offices)   (Zip Code)

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:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ 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 2, 2012, Thor Industries, Inc. (the “Company”) issued a press release announcing certain preliminary financial results for the quarter and twelve months ended July 31, 2012. 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 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 2, 2012, 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 3, 2012     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 2, 2012, issued by the Company
EX-99.1 2 d392236dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

LOGO

419 WEST PIKE STREET • P.O. BOX 629 • JACKSON CENTER, OHIO 45334-0629

PHONE 937-596-6849 • FAX 937-596-7937

NEWS RELEASE

 

Date:    August 2, 2012
Contact:    Peter B. Orthwein or Richard E. Riegel III

THOR ANNOUNCES RECORD PRELIMINARY SALES FOR FOURTH QUARTER, FISCAL YEAR;

BACKLOG; CASH AND INVESTMENTS

Thor Industries, Inc. (NYSE:THO) announced today preliminary sales, backlog and cash, cash equivalents and investments for the fourth quarter and twelve months ended July 31, 2012.

Preliminary consolidated sales in the fourth quarter were $887,208,000, up 15% from $770,538,000 in the fourth quarter last year and a record for any fourth quarter in the Company’s history. RV sales were $769,563,000, up 18% from $653,971,000 in last year’s fourth quarter. Bus Group sales were $117,645,000, up 1% from $116,567,000 in the fourth quarter last year.

Preliminary consolidated sales in the fiscal year ended July 31, 2012 were a record $3,083,636,000, up 12% from $2,755,508,000 in fiscal 2011. RV sales were $2,639,413,000, up 13% from $2,340,442,000 in the prior year. Bus Group sales in the fiscal year were $444,223,000, up 7% from $415,066,000 in fiscal 2011.

Cash, cash equivalents and investments on July 31, 2012 were $220 million versus $217 million on July 31, 2011. Backlog on July 31, 2012 was $558 million, up 29% from $432 million last year. RV backlog was $336 million, up 47% from $228 million last fiscal year. Bus Group backlog was $222 million, up 9% from $204 million in fiscal 2011.

“Thor achieved record annual revenue for the fiscal year ended July 31, 2012. Likewise, our fourth quarter revenue was very strong, setting a new record for any fourth quarter in Thor’s history. While promotional activity abated somewhat in recent months, the environment remains competitive and industry incentives remain high. Our higher year-end backlogs provide optimism for next fiscal year, which is tempered by lower consumer confidence levels and the uncertain economic and political landscapes,” said Peter B. Orthwein, Thor Chairman & CEO. “RV dealer inventories remain well aligned with consumer demand and, like last year, some dealers are waiting for Thor’s September Open House event in Indiana before increasing their order activity,” 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, fuel prices, lower consumer confidence and the level of discretionary consumer spending, interest rate increases, restrictive lending practices, increased material and component costs, recent management changes, the success of new product introductions, the pace of acquisitions, cost structure improvements, competition and general economic conditions and the other risks and uncertainties discussed more fully in Item 1A of our Annual Report on Form 10-K for the year ended July 31, 2011 and Part II, Item 1A of our Quarterly Report on Form 10-Q for the period ended April 30, 2012. We disclaim 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 our 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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