THOR Industries Announces Regular Quarterly Dividend
16 12월 2022 - 6:59AM
THOR Industries, Inc. (NYSE: THO) today announced that its Board of
Directors approved, at its December 15, 2022 meeting, the payment
of a regular quarterly cash dividend of $0.45 per share.
The regular cash dividend is payable on January
13, 2023, to shareholders of record at the close of business on
December 30, 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 Statements
This 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 impact of
inflation on the cost of our products as well as on general
consumer demand; 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 or ransom attacks; the
impact of sudden or significant adverse changes in the cost and/or
availability of energy or fuel, including those caused by
geopolitical events, on our costs of operation, on raw material
prices, on our suppliers, on our independent dealers or on retail
customers; the dependence on a small group of suppliers for certain
components used in production, including chassis; interest rate
fluctuations and their potential impact on the general economy and,
specifically, on our profitability and on our independent dealers
and consumers; 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 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; 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; 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 and related
employee benefits to attract and retain 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 or the disruption of delivery of raw materials,
including chassis, to our facilities; increasing costs for freight
and transportation; the ability to protect our information
technology systems from data breaches, cyber-attacks and/or network
disruptions; asset impairment charges; competition; the impact of
losses under repurchase agreements; the 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 October 31, 2022 and in Item 1A of our Annual Report
on Form 10-K for the year ended July 31, 2022.
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.
Contact
Mike Cieslak,
CFAmcieslak@thorindustries.com(574) 294-7724
Thor Industries (NYSE:THO)
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