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Thor Industries
Thor Industries

-4.08%

Automotive / Recreational vehicle

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Risks

1. Recalls for defective products: Thor Industries has faced numerous recalled over the past few years, including the voluntary recall of over 1,000 recreational vehicles in 2017 due to an electrical issue. The company has also had recalls for its motorhomes, trailers, and other vehicles due to faulty brakes, doors, and airbag systems.


2. Product demand fluctuations: Thor Industries’ chief concern is making sure that there are enough buyers for their product. Any major dips in demand could lead to significant losses for the company.


3. Dependence on dealers: Thor Industries relies heavily on their dealers to generate the sales revenue. Any disputes or relationship issues with the dealers could potentially have a detrimental impact on the company’s performance.


4. Fuel cost increases: Fuel prices can have a huge impact on Thor Industries as RV’s are not very fuel efficient. Any significant hike in Fuel prices could hurt the RV industry and Thor’s bottom line.


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