First Quarter Fiscal 2021 Financial Results
Forward-Looking Statements
This presentation 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 by various
governmental entities or other actors, which may have negative effects on retail customer demand, our independent dealers, our supply chain, our
production or other aspects of our business and which may have a negative impact on our consolidated results of operations, financial position, cash flows
and liquidity; 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 tariffs on material or
other input costs; the level and magnitude of warranty claims incurred; legislative, regulatory and tax law and/or policy developments including their
potential impact on our dealers and their retail customers or on our suppliers; the costs of compliance with governmental regulation; 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 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 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 dealers; disruption of the delivery of units to dealers; increasing costs for freight and transportation; asset impairment charges; cost structure
changes; competition; the impact of potential losses under repurchase or financed receivable 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 regulatory standards in the various jurisdictions in which our products are
produced 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, 2020 and in
Item 1A of our Annual Report on Form 10-K for the year ended July 31, 2020.
We disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this presentation 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.
THOR
Go Everywhere. Stay Anywhere,
2View entire presentation