8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8–K

CURRENT REPORT

Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): June 3, 2008

Thor Industries, Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware	1-9235	93-0768752
(State or Other Jurisdiction of	(Commission File Number)	(IRS Employer Identification
Incorporation)		No.)

419 West Pike Street,	45334-0629
Jackson Center, Ohio	(Zip Code)
(Address of Principal Executive Offices)

Registrant’s telephone number, including area code: (937) 596-6849

N/A
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

     On June 3, 2008, Thor Industries, Inc. (the “Company”) issued a press release announcing certain financial results and other information for the quarter ended April 30, 2008. A copy of the Company’s press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

     In accordance with general instruction B.2 to Form 8-K, the information set forth in Item 2.02 of this Form 8-K (including Exhibit 99.1) shall be deemed “furnished” and not “filed” with the Securities and Exchange Commission for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any filing thereunder or under the Securities Act of 1933, as amended.

Item 9.01 Financial Statements and Exhibits.

     (d) Exhibits

Exhibit Number	Description
99.1	Copy of press release, dated June 3, 2008, issued by the Company

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Thor Industries, Inc.
Date: June 5, 2008	By:	/s/ Christian G. Farman
	Name:	Christian G. Farman
	Title:	Senior Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit
Number	Description
99.1	Copy of press release, dated June 3, 2008, issued by the Company

EX-99.1

Exhibit 99.1

419 WEST PIKE STREET • P. O. BOX 629 • JACKSON CENTER, OHIO 45334-0629
PHONE 937-596-6849 • FAX 937-596-6539
N E W S  R E L E A S E

Date:	June 3, 2008
Contact:	Wade F. B. Thompson or Peter B. Orthwein

THOR ANNOUNCES SALES, NET INCOME, E.P.S. FOR QUARTER, NINE MONTHS

Thor Industries, Inc. (NYSE:THO) announced results for the third quarter and nine months ended April 30, 2008.

Net income for the quarter was $27,854,000, down 22% from $35,569,000 last year. E.P.S. for the quarter were 51¢, down 20% from 64¢ last year. Sales for the quarter were $707,931,000, down 10% from $789,643,000 last year. Income before taxes in the quarter was $44,340,000, down 18% from $53,959,000.

Net income for the nine months was $87,665,000, up 4% from $84,418,000 last year. E.P.S. for the nine months were $1.58, up 4% from $1.52 last year. Sales for the nine months were $2,070,837,000, down 1.5% from $2,101,408,000 last year.

RV sales in the quarter were $600,960,000, down 12% from $683,683,000 last year. Bus sales in the quarter were $106,971,000 compared to $105,960,000 last year. RV sales in the nine months were $1,770,437,000 down 2% from $1,810,195,000 last year. Bus sales in the nine months were a record $300,400,000 up 3% from $291,213,000 last year. RV income before tax was $45,404,000 in the quarter, down 18% from $55,306,000 last year and $137,122,000 in the nine months, up 8% from $127,046,000 last year. Bus income before tax in the quarter was $5,113,000, down 6% from $5,447,000 last year and $12,808,000 in the nine months, up 10% from $11,622,000 last year. Corporate net costs were $6,177,000 in the quarter versus $6,794,000 last year and $9,904,000 in the nine months versus $9,471,000 last year.

“Declining consumer confidence coupled with high fuel prices have resulted in very soft retail recreation vehicle sales,” said Wade F. B. Thompson Thor chairman. “With record fuel prices, transit bus ridership is increasing as motorists change their driving habits. We expect this will be a long term trend benefiting our leadership in the bus business,” he added.

Thor is the world’s largest manufacturer of recreation vehicles and a major builder of commercial buses.

This release includes certain statements that are “forward looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended. These forward looking statements involve uncertainties and risks. There can be no assurance that actual results will not differ from our expectations. Factors which could cause materially different results include, among others, additional issues that may arise in connection with the findings of the completed investigation of the Audit Committee of the Board of Directors of Thor Industries, Inc. (the “Company”) and the SEC’s requests for additional information, fuel prices, fuel availability, interest rate increases, increased material costs, the success of new product introductions, the pace of acquisitions, cost structure improvements, the impact of the recent auction market failures on our liquidity, competition and general economic conditions and the other risks and uncertainties discussed more fully in Item 1A of the Company’s Annual Report on Form 10-K for the year ended July 31, 2007 and Part II, Item 1A of the Company’s Quarterly Report on Form 10-Q for the quarter ended January 31, 2008.  The Company disclaims any obligation or undertaking to disseminate any updates or revisions to any change in expectation of the Company after the date hereof or any change in events, conditions or circumstances on which any statement is based except as required by law.

THOR INDUSTRIES, INC.
STATEMENT OF INCOME FOR THE 3 AND 9 MONTHS ENDED APRIL 31, 2008 and 2007
$000 except per share — unaudited

	3 MONTHS ENDED APRIL 30										9 MONTHS ENDED APRIL 30
	2008		%			2007		%			2008		%			2007		%
Net sales	$	707,931				$	789,643				$	2,070,837				$	2,101,408
Gross profit	$	89,999		12.7	%	$	102,980		13.0	%	$	260,991		12.6	%	$	253,317		12.1	%
Selling, general and administrative	$	47,703		6.7	%	$	51,618		6.5	%	$	132,519		6.4	%	$	132,033		6.3	%
Amortization of intangibles	$	200		—		$	216		—		$	613		—		$	670		—
Operating income	$	42,096		5.9	%	$	51,146		6.5	%	$	127,859		6.2	%	$	120,614		5.7	%
Interest income (net)	$	1,983		.3	%	$	2,303		.3	%	$	8,627		.4	%	$	7,208		.3	%
Gain on sale of property		—		—			—		—		$	2,308		.1	%		—		—
Other income	$	261		—		$	510		.1	%	$	1,232		.1	%	$	1,375		.1	%
Income before taxes	$	44,340		6.3	%	$	53,959		6.8	%	$	140,026		6.8	%	$	129,197		6.1	%
Taxes	$	16,486		2.3	%	$	18,390		2.3	%	$	52,361		2.5	%	$	44,779		2.1	%
Net income	$	27,854		3.9	%	$	35,569		4.5	%	$	87,665		4.2	%	$	84,418		4.0	%
E.P.S. — basic	$	.51				$	.64				$	1.58				$	1.52
E.P.S. — diluted	$	.50				$	.64				$	1.57				$	1.51
Avg. common shares outstanding-basic		55,447,313					55,696,304					55,655,907					55,654,327
Avg. common shares outstanding-diluted		55,562,644					55,935,718					55,815,770					55,916,602

SUMMARY BALANCE SHEETS — APRIL 30 ($000) (unaudited)

	2008		2007
Cash and equivalents	$	119,680	$	146,982
Investments, short term		—		105,590
Accounts receivable		186,336		221,094
Inventories		199,234		202,725
Deferred income tax and other		34,178		35,217
Total current assets		539,428		711,608
Fixed assets		156,917		156,556
Investments — long term		127,928		—
Investments — joint ventures		2,748		2,696
Goodwill		165,663		165,663
Other assets		30,924		28,287
	$	1,023,608	$	1,064,810

	2008		2007
Current liabilities	$	273,531	$	330,702
Other liabilities		51,551		15,948
Stockholders’ equity		698,526		718,160
	$	1,023,608	$	1,064,810