On Tuesday September 28, 2021 Thor Industries, Inc. (THO) posted better-than-expected revenues of $3.59bn beating the consensus estimate of $3.3bn (-8%) and in the same direction as Advan’s forecasted sales. The revenue was +54.6% YoY - Advan’s foot traffic data captured an increase in employee foot traffic of +40% YoY at its manufacturing locations for Q4 fiscal 2021. As a result of beating the sales and EPS, the stock opened at $116.58, up +3.4% from its previous day’s closing price and hit a high of $126.99 (+12.5%) shortly after the opening bell. Advan’s footfall data has a correlation of 0.89 on a YoY basis with THO’s top-line revenue over the last 10 quarters.
To learn more about the data behind this article and what Advan has to offer, visit https://advanresearch.com/.
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