Thor Industries facing pressure from rising rates, higher costs, says Argus

Argus analyst Taylor Conrad keeps a Hold rating on Thor Industries after its Q1 results las tweek. While the company has a record of consistent profitability and remains the best-positioned public company in the RV industry based on its strength in both towable and motorized RVs, it is also facing pressure from rising interest rates, higher costs, and supply-chain issues, and has had to cut wholesale pricing in order to keep inventory at appropriate levels, the analyst tells investors in a research note.