THOR Industries shares rose 4.66% to $73.20 on Tuesday after the recreational vehicle maker reported fourth-quarter revenue of $2.312 billion, above the $2.168 billion consensus estimate. Adjusted earnings were 78 cents per share, below the 96-cent analyst estimate. CEO Bob Martin said high interest rates, elevated fuel costs and persistent inflation kept household budgets under pressure and prevented the expected fiscal 2026 market inflection point. North American towable and motorized businesses posted lower sales and shipments, while European RV revenue increased 5% and provided geographic diversification. Gross profit fell 23% to $285.6 million, gross margin narrowed 230 basis points to 12.4%, and adjusted EBITDA declined 37.1% to $131.7 million. THOR expects a relatively flat retail environment in fiscal 2027 and plans to provide longer-term guidance and restructuring savings details later this fall. Once fully implemented, those initiatives are expected to reduce costs and improve annual earnings by more than $100 million.