Thor Industries, the recreational vehicle (RV) maker based in Elkhart, Indiana, experienced a decline in sales and profit during its fiscal first quarter. However, there are signs that the pace of sales declines is slowing down, indicating a positive development in the industry. In the three months ending on October 31, Thor Industries reported a profit of $53.6 million, or 99 … [Read more...] about Thor Industries Faces Decrease in Sales and Profit in Q1
Sales Decline
Auto1 Group Faces Decline in Sales and Lowers Expectations
Shares in Auto1 Group have seen a significant decline today following the company's report of decreased units sold in the second quarter, as well as a downward revision of their sales expectations for the entire year. As of 0950 GMT, shares were down 9.45% at EUR8.87. According to Auto1, they sold 141,682 units in the quarter, representing a 15% decrease compared to the … [Read more...] about Auto1 Group Faces Decline in Sales and Lowers Expectations