Receives Highest Rating By Morningstar
Thor was rated by Fortune (9/6/04) as one of the "100 Fastest Growing Companies" and one of "seven stocks to bet on now." In it latest issue (8/8/05), Fortune noted that Thor is up 34% from its 8/16/04 price and again rates Thor a "buy" now.
Morningstar Inc., a leading provider of independent investment research, rated Thor A in growth, A+ in profitability, and A in financial health in the "truck makers" category. Thor was the only company out of 19 companies to receive all A grades. Other companies rated included Paccar, Oshkosh, Winnebago, Monaco, Fleetwood, Supreme, and Coachmen.
Thor is the largest manufacturer of recreation vehicles and the largest builder of mid-size buses.
This release includes "forward looking statements" that involve uncertainties and risks. There can be no assurance that actual results will not differ from the Company's expectations. Factors which could cause materially different results include, among others, the success of new product introductions, the pace of acquisitions and cost structure improvements, competitive and general economic conditions, and the other risks set forth in the Company's filings with the Securities and Exchange Commission.
CONTACT: Wade F.B. Thompson or Peter B. Orthwein, both of Thor Industries,
+1-937-596-6849, or fax, +1-937-596-6539