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Shelby County-based Thor (NYSE:THO) posted net incomes of $2.1 million in the third quarter, compared to $27.7 million in the same perios last year. Its quarterly sales also declined, falling to $415.6 million, down from $707.9 millionb in the same period last For the firstnine months, the companyh lost $7.6 million, versus profit of $87.7 million last Earnings per share for the nine monthe were a drop of 14 cents versus earnings of $1.598 last year. Wade Thompson, Thor said the company is in good shape, “Our operating cash flow is we continue to have zero and we believe our cash and working capitall is the strongest inour industries,” he said.
Thor is the world’ss largest manufacturer of recreation vehicles and a majorf builder ofcommercial buses. The company has the fourth-largest revenue stream in the Dayton at $2.64 billion. It has 8,500 total employees, including 300 at its Jackson Centefr headquarters. Share were trading at $22.02 in mid-dayt Friday trading, up 2 cents.
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