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Thor Industries Misses Q1 Estimates Amid Recreational Vehicle Market Weakness, But Optimistic About H2 Recovery

Thor Industries, Inc. (NYSE:THO) shares are trading lower premarket on Wednesday. Quarterly sales of $2.143 billion, down 14.3% year over year, missed the analyst consensus of $2.241 billion. The company reported first-quarter EPS of $(0.03) versus $0.99 prior year. Adjusted EPS of $0.26 missed the consensus of $0.71. North American Towable RV net sales were down 4.9% Y/Y, North American Motorized RV net sales decreased 29.0%, and European RV net sales decreased 14.6% in the quarter. Quarterly g

Foot Locker Cuts Outlook On Soft Consumer Spending In Q3, Stock Tanks

Foot Locker, Inc (NYSE:FL) stock tumbled in the premarket session on Tuesday. The company reported a third-quarter adjusted EPS of $0.33, missing the analyst consensus estimate of $0.41. Quarterly sales of $1.96 billion missed the street view of $2.02 billion. Also Read: Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks Total sales decreased 1.4% year over year. Comparable sales grew by 2.4%, led by 2.8% growth in global Foot Locker and Kids Foot Locker comparable sa

Gold Steadies as Market Weighs Turmoil in South Korea and France

(Bloomberg) -- Gold steadied as traders took stock of political turmoil in South Korea and France, which has buoyed demand for haven assets.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsBullion was little changed near $2,635 an ounce on Wednesday, after rising 0.2% in the previous session. South Korean President Yoon Suk Yeol made a surprise declaration of martial law on Tuesday night, before re