Thor Announces Preliminary Sales $607M, up 21%

Thor Industries, Inc. THO announced today preliminary sales and backlog for the quarter and three months ended October 31, 2010. Preliminary consolidated sales in the quarter were $607,174,000, up 21% from $502,552,000 last year. RV sales were $506,791,000, up 30% from $389,929,000 last year. Both consolidated and RV sales in the first quarter of Thor's 2011 fiscal year include Heartland RV, acquired September 16, 2010. Bus sales were $100,383,000, versus $112,623,000 last year. Cash, cash equivalents and investments on October 31, 2010 were $137 million. Consolidated backlog on October 31, 2010 was $467 million, compared to $599 million last year. RV backlog was $254 million, versus $315 million last year. Bus backlog was $213 million versus $284 million last year.