Elkhart-based Thor Industries reports annual sales exceeded $4 billion, a record

However, fourth-quarter profit of $69 million, or $1.31 per share, fell a little short of analysts' expectations, as did revenues of $1.06 billion. Thor’s share price declined about 6 percent, to $51.32, in next-day trading.

“Over the coming year, we see many opportunities for growing our markets and Thor, particularly with the ongoing strength of retail RV sales," Thor President and CEO Bob Martin said in a statement. "With the continued entry of baby boomers into the prime RV buying years, along with increasing levels of outreach and effort to engage younger, more diverse consumers, we are optimistic about the years ahead.”

Thor also announced that its Heartland Recreational Vehicles subsidiary selected Nampa, Idaho, as the location for its new manufacturing facility. The company plans to use the plant to expand production for its West Coast markets.