Advan Notable Hits: Thor Industries, Inc. (THO)

Notable Hit: (THO:NYSE) On Wednesday June 8, 2022 Thor Industries, Inc. (THO) posted better than expected revenues of $4.66bn surpassing the consensus estimate of $4.16bn or by +12% and in the same direction as Advan's forecasted sales. The revenue was up 34.6% YoY and in line with Advan's employee foot traffic data increase of 12% YoY at its factories for Q3 fiscal. As a result of beating sales and EPS the stock opened +1.6% from previous close. Advan's footfall data has a correlation of 0.89 on a YoY basis with THO's top-line revenue over the last 13 quarters.

Advan Hits: THO correlation traffic vs revenue

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About Advan

Advan is the leader in the financial and real estate industries, enabling participants to analyze foot traffic data across multiple sectors, including retail, hospitality, consumer services, energy, technology, healthcare, REITS, financials and others. Advan derives its datasets using multi parameter models that analyze cellphone location data crossed with curated geofenced areas.

Top tier institutional investors spanning from quantitative hedge funds to fundamental asset managers have been the main consumers of Advan’s products.