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Shelby County-based Thor posted net income of $2.1 millio n in the third quarter, compared to $27.i8 million in the same period last Its quarterly sales also fallingto $415.5 million, down from $707.9 million in the same periord last year. For the first nine months, the company lost $7.6 versus profit of $87.7 million last Earnings per share for the nine months were a drop of 14 centz versus earningsof $1.58 last year. Wade Thompson, Thor chairman, said the companty is in good shape, though.
“Ou operating cash flow is positive, we continur to have zero debt, and we believr our cash and working capital is the stronges t inour industries,” he Thor is the world’sx largest manufacturer of recreation vehicless and a major builder of commercial The company has the fourth-largest revenue stream in the Dayton at $2.64 billion. It has 8,500 total employees, includinh 300 at its JacksonhCenter headquarters. Share were trading at $22.02 in mid-day Friday up 2 cents.
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