First Quarter Fiscal 2021 Financial Results
European Segment
First Quarter of Fiscal 2021
Net Sales
European RV segment net sales for the fiscal
first quarter increased 22.2% from the prior-
year period, driven primarily by an increase in
unit shipments, an increase in the overall net
price per unit due to the impact of changes in
product mix, and a favorable impact from year-
over-year changes in foreign currency
exchange rates
$493.0
($ millions)
$602.5
1QFY20
1QFY21
13.1%
12.0%
1QFY20
1QFY21
$2.3 billion in Backlog
Gross Profit Margin
Gross profit margin decreased by 110 basis
points in the fiscal first quarter, reflecting a
change in product mix, including a higher
concentration of the motorcaravan and
campervan motorized products in the current
year as compared to the prior-year period,
which carry a higher material percentage
than caravan products
($ millions)
$2,308.5
THOR's European RV backlog at October 31,
$1,292.1
2020 increased $1.02 billion, or over 78%,
compared to October 31, 2019
THO
LISTED
NYSE
10/31/19
10/31/20
THOR
Go Everywhere. Stay Anywhere.
7View entire presentation