The reduction was in Sales which is not effected by acquisition expenses.
Correct, but the acquisition costs show up as expenditures and/or debt, so could totally affect cash flow and interest costs. Reducing the cost of the acquisition would be good is times are getting lean at Thor.
With the baby -boomers and other factors driving the market ,I think I would have to agree with their CEO on the future.
On the other hand I would not rushing out to buy Thor stock (if it's traded) With things slowing globally and our own (USA) problems things could be rocky everywhere,
For Thor"s sake I hope they do well.
Happy with my 2008 RT210