THOR Industries Announces Regular Quarterly Dividend
23 3월 2022 - 5:51AM
THOR Industries, Inc. (NYSE: THO) today announced that its Board of
Directors approved, at their March 22, 2022 meeting, the payment of
a regular quarterly cash dividend of $0.43 per share.
The regular cash dividend is payable on April
20, 2022, to shareholders of record at the close of business on
April 6, 2022.
About THOR Industries, Inc.
THOR is the sole owner of operating companies which, combined,
represent the world's largest manufacturer of recreational
vehicles. For more information on the Company and its products,
please go to www.thorindustries.com.
Forward-Looking StatementsThis
release 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
1934, as amended. These forward-looking statements are made based
on management’s current expectations and beliefs regarding future
and anticipated developments and their effects upon THOR, and
inherently involve uncertainties and risks. These forward-looking
statements are not a guarantee of future performance. We cannot
assure you that actual results will not differ materially from our
expectations. Factors which could cause materially different
results include, among others: the extent and impact from the
continuation of the COVID-19 pandemic, along with the responses to
contain the spread of the virus, or its variants, by various
governmental entities or other actors, which may have negative
effects on retail customer demand, our independent dealers, our
supply chain, our labor force, our production or other aspects of
our business; the ability to ramp production up or down quickly in
response to rapid changes in demand while also managing costs and
market share; the effect of raw material and commodity price
fluctuations, and/or raw material, commodity or chassis supply
constraints; the impact of war, military conflict, terrorism and/or
cyber-attacks, including state-sponsored attacks; the impact of
sudden or significant energy or fuel cost increases, including
those caused by geopolitical events, on our costs of operation, on
raw material prices, on our independent dealers or on retail
customers; the impact of sudden or significant energy or fuel cost
increases, including those caused by geopolitical events, on our
costs of operation, on raw material prices, on our independent
dealers or on retail customers; the dependence on a small group of
suppliers for certain components used in production; the level and
magnitude of warranty and recall claims incurred; the ability of
our suppliers to financially support any defects in their products;
legislative, regulatory and tax law and/or policy developments
including their potential impact on our independent dealers, retail
customers or on our suppliers; the costs of compliance with
governmental regulation; the impact of an adverse outcome or
conclusion related to current or future litigation or regulatory
investigations; the impact of an adverse outcome or conclusion
related to current or future litigation or regulatory
investigations; public perception of and the costs related to
environmental, social and governance matters; legal and compliance
issues including those that may arise in conjunction with recently
completed transactions; lower consumer confidence and the level of
discretionary consumer spending; interest rate fluctuations and
their potential impact on the general economy and, specifically, on
our profitability and on our independent dealers and consumers; the
impact of exchange rate fluctuations; restrictive lending practices
which could negatively impact our independent dealers and/or retail
consumers; management changes; the success of new and existing
products and services; the ability to maintain strong brands and
develop innovative products that meet consumer demands; the ability
to efficiently utilize existing production facilities; changes in
consumer preferences; the risks associated with acquisitions,
including: the pace and successful closing of an acquisition, the
integration and financial impact thereof, the level of achievement
of anticipated operating synergies from acquisitions, the potential
for unknown or understated liabilities related to acquisitions, the
potential loss of existing customers of acquisitions and our
ability to retain key management personnel of acquired companies; a
shortage of necessary personnel for production and increasing labor
costs to attract production personnel in times of high demand; the
loss or reduction of sales to key independent dealers; disruption
of the delivery of units to independent dealers; increasing costs
for freight and transportation; asset impairment charges;
competition; the impact of potential losses under repurchase
agreements; the potential impact of the strength of the U.S. dollar
on international demand for products priced in U.S. dollars;
general economic, market and political conditions in the various
countries in which our products are produced and/or sold; the
impact of changing emissions and other related climate change
regulations in the various jurisdictions in which our products are
produced, used and/or sold; changes to our investment and capital
allocation strategies or other facets of our strategic plan; and
changes in market liquidity conditions, credit ratings and other
factors that may impact our access to future funding and the cost
of debt.
These and other risks and uncertainties are
discussed more fully in our Quarterly Report on Form 10-Q for the
quarter ended January 31, 2022 and in Item 1A of our Annual Report
on Form 10-K for the year ended July 31, 2021.
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 hereof or any change in events,
conditions or circumstances on which any statement is based, except
as required by law.
CONTACTS
Mark Trinske, Vice President of Investor
Relationsmtrinske@thorindustries.com(574) 970-7912
Mike Cieslak, CFA, Investor Relations
Managermcieslak@thorindustries.com(574) 294-7724
Thor Industries (NYSE:THO)
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