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THOR ANNOUNCES ANOTHER RECORD QUARTER; NET INCOME JUMPS 59 PERCENT

 NEW YORK, Nov. 30 ~PRNewswire~ -- Thor Industries, Inc. (NYSE: THO) announced today record sales and net income for the first quarter ended Oct. 31, 1992.
 Sales for the quarter were $103,995,000, up from $64,556,000 last year. Net income was $3,773,000, up 59 percent from $2,378,000 last year. Net income per share was 43 cents versus 33 cents last year.
 Recreational vehicle sales in the quarter were $92.4 million, up 59 percent from $58.2 million last year. Small and mid-size bus sales were $11.6 million, up 84 percent from $6.3 million last year.
 Wade F. B. Thompson, Thor chairman, noted "These impressive results are easily the highest for any quarter in the company's history. Travel trailer and fifth wheel sales showed particular strength in the quarter. Further, two key signs indicate continuing strength for our business: first, RV dealer inventories are at near record low levels for this time of the year; and second, the Conference Board's consumer confidence index surged nearly 11 points in November after 4 months of declines."
 Thor expects that its regular quarterly dividend of 3 cents per share will be approved by its directors at the board meeting on Dec. 7, 1992.
 Thor is the second largest manufacturer of recreational vehicles and the largest builder of small and mid-size buses in North America.
 THOR INDUSTRIES, INC.
 Statement of Consolidated Income
 (Dollars in thousands, except per share, unaudited)
 Three months ended Oct. 31 1992 1991
 Net sales $103,995 $ 64,556
 Net income before tax 6,382 4,014
 Net income 3,773 2,378
 E.P.S. .43 .33
 Average common shares outstanding 8,874,856 7,165,432
 -0- 11~30~92
 ~CONTACT: Wade F. B. Thompson or Peter B. Orthwein of Thor Industries, Inc., 212-370-1759~
 (THO)


CO: Thor Industries, Inc. ST: New York, Ohio IN: AUT SU: ERN

WB-OS -- NY020 -- 4083 11~30~92 10:35 EST
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Date:Nov 30, 1992
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