Good Sam Club Open Roads Forum: General RVing Issues: The RV Demand Continues
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 > The RV Demand Continues

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larry cad

ohio

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Posted: 12/15/21 03:48am Link  |  Quote  |  Print  |  Notify Moderator

I found this line to be particularly interesting:

"The RV maker achieved $3.96 billion in net sales in the first quarter of 2022, a 56% increase compared to the same time last year."

They already have an increase in sales for NEXT YEAR??


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RetiredRealtorRick

St. Augustine Beach, FL

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Posted: 12/15/21 05:05am Link  |  Quote  |  Print  |  Notify Moderator

Plenty of RV lots packed full around here as well.

It makes me wonder if this big 'backlog' of orders are dealer orders or actual customer orders. It would be interesting to see how it divides out, but I'll bet Thor keeps that sort of information under their hat.


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dedmiston

Coast to Coast

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Posted: 12/15/21 10:04am Link  |  Quote  |  Print  |  Notify Moderator

larry cad wrote:

I found this line to be particularly interesting:

"The RV maker achieved $3.96 billion in net sales in the first quarter of 2022, a 56% increase compared to the same time last year."

They already have an increase in sales for NEXT YEAR??


Maybe it's fiscal?

My company is currently in FYQ1 2022.


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goducks10

There

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Posted: 12/15/21 10:28am Link  |  Quote  |  Print  |  Notify Moderator

Most all the lots here in Oregon except CW are very low on RV's. Every site you go to only lists a few of each model then it starts the "On Order" listings.

I think it really depends on what brands you're looking at and where they're made.

nickthehunter

Southgate, MI

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Posted: 12/15/21 02:22pm Link  |  Quote  |  Print  |  Notify Moderator

Since all the orders are dealer orders, who knows. The dealers could be anticipating brisk sales and wish to keep their lots full of units to sell, or they could all be orders for already sold units, or any one of a few other possibilities. Manufacturer lying, in my mind possible, but not likely, that could cause SEC troubles.

cptqueeg

Idaho

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Posted: 12/15/21 02:57pm Link  |  Quote  |  Print  |  Notify Moderator

I told CW to pound sand, the other day. I think it's been a while since they've heard that. LOL

Lumpty

Greater Gotham City

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Posted: 12/15/21 05:00pm Link  |  Quote  |  Print  |  Notify Moderator

Clicked on a Camping World ad that showed up in my email, since I have used them for a few on-line parts purchases where amazingly they were cheaper than PPL or Amazon.

Clicked on the “motorized” RV sales link, just to get a chuckle at the advertised prices. Given the state of the market, I’m in no hurry to replace my current Class C, but at going on 11 years old and pushing 100k miles, I will want to at some point in the future.

They’re clearly trying to draw in the noobs, offering a $2k discount on a $100k sticker entry-level 24’-er. Sounds great in the context of a $20k deal for an economy car. Wonder what would happen making an offer at the 30-33% off price many/most of us bought our current units for?


Rob

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Dtank

USA

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Posted: 12/15/21 11:25pm Link  |  Quote  |  Print  |  Notify Moderator

lryrob9301 wrote:

From the Business JournalHome
Travel
A major RV maker now has more than $18 billion in backlogged orders and says its dealers may not be fully restocked until 2023

RV maker Thor Industries has a $18.07 billion order backlog.
Demand for RVs has remained strong since the start of the COVID-19 pandemic.
CEO Bob Martin says it may continue restocking its dealerships into 2023.



Drivel...[emoticon]

CEO Martin has been inhaling the smoke (from whatever he's smoking) - and "blowing smoke" when he exhales to a writer at "JournalHome".

I'll guess Thor will continue "restocking it's dealerships" into 2024, 2025, 2026, etc. - ad infinitum!

So much baloney - or is that bologna [emoticon]

Of course - if you're a believer - you better get your order in *quick* before they're all gone!...[emoticon]

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Turtle n Peeps

California

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Posted: 12/16/21 01:32pm Link  |  Quote  |  Print  |  Notify Moderator

Fake news. Dealers lots are full around my county.


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way2roll

Wilmington NC

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Posted: 12/16/21 01:49pm Link  |  Quote  |  Print  |  Notify Moderator

Turtle n Peeps wrote:

Fake news. Dealers lots are full around my county.


I am not sure it's "fake news" but some caution needs to be had with respect to interpretation. Maybe they do really have these dealer orders. Maybe a lot were placed during the pandemic and can be rescinded as purchasers back out and normal inventory levels return. But this sort of statement usually has a couple goals, one - to increase stock value and the other to create demand. That said, it needs to have some evidence of truth because falsely inflating corporate value and/or revenue is illegal.


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