thor industries posted lower profit and sales for its fiscal third quarter as the rv market remained soft and dealerships worked through prioryear inventory the elkhart ind rv manufacturer posted a profit for the three months ended april 30 of 1207 million or 224 a share compared with 3481 million or 632 a share in the same period a year earlier analysts surveyed by factset were expecting earnings of 107 a share sales fell 371 in the quarter to 293 billion not as steep a drop as the 281 billion in sales that analysts were prepared for chief executive bob martin said market conditions continued to be challenging during the quarter as both dealers and customers were squeezed by macroeconomic conditions he said activity at dealer lots picked up compared with the prior quarter as the industry entered the spring selling season demand for rvs surged during the pandemic as americans splurged on outdoorlifestyle products as the covid19 threat kept people away from indoor activities demand has outstripped the rv manufacturers abilities to increase supply in recent years but those dynamics have normalized over the past year as inflation and rising interest rates weigh on demand in the recently ended quarter thors sales of towable rvs in north america fell 574 to 112 billion towables are more affordable than motorized rvs and typically cater to lowerincome customers write to will feuer at willfeuerwsjcom