About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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The Time To Strike Thor Industries Is Close At Hand

Thor Industries stock price

Anyone surprised by Thor Industries (NYSE: THO) FQ2 miss isn’t paying attention to the narrative. Not only has this cliff been approaching, but the data and guidance from OEMs and retailers alike point to at least a 50% contraction in new RV business this year. The RVIA indicated shipments fell more than 30% in December 2022 and then accelerated to -62% in January 2023, and this trend will likely continue. 

A mitigating factor is that this pullback is from record high levels, and normalization is expected in the industry by the end of the year. Regarding Thor Industries, this stock is a bargain (as are all the camping/RV-related stocks right now) and pays a safe dividend. Price action may show downward pressure in the near term, but the downside is limited. This market is trading just above a zone of strong support, which should keep this stock moving sideways until normalized conditions and growth can return. 

Thor Industries FQ2: It Could Have Been Much Worse 

Thor Industries FQ2 results could have been much worse given the trend in RVIA data, but they are consistent with LCI Industries (NYSE: LCII), which has become the bellwether for the industry. LCI Industries manufactures RV components and claims an average of $6090 in component sales per finished RV. It reported a 40% decline in OEM sales for the corresponding period, which is in line with the 39.4% decline reported by Thor. Thor missed the consensus mark, which is the real problem for share prices, and the margin and guidance were also weak. 

Thor Industries' margin contracted by 531 basis points at the gross level due to massive deleveraging versus last year. Likewise, SG&A expenses decreased sharply from last year due to internal efficiencies but increased as a percentage of revenue due to deleveraging. This left the GAAP EPS at $0.50, $0.63 less than the Marketbeat.com consensus, and hurt the guidance. 

The company trimmed its guidance for revenue and earnings by low double-digits to levels well below the consensus forecasts. The upshot is that business remains stable, albeit down from the pandemic peak, and the dividend is safe. The company is paying about 37% of the FY guidance at the new range's low end, leaving ample room and room for increases. 

“While near-term demand will continue to be influenced by macroeconomic conditions, we believe the recent softening in demand to be temporary. We remain encouraged with the continued level of consumer interest for the RV lifestyle. We are experiencing a strong spring retail show season nationwide with high attendance figures and solid retail activity. In addition, digital traffic across RV-related sites remains well above pre-pandemic levels,” said Thor Industries CEO Bob Martin. 

The Technical Outlook: Thor Industries Leads RV Stocks Lower 

Thor Industries fell more than 5.0% in the wake of the earnings report and has competitor Winnebago (NYSE: WGO) down as well. Winnebago reports later this month and can now be expected to report weaker than current consensus figures are pricing in. Regarding Thor Industries, this stock is heading down to retest support near the $83 level. The 150-day moving average is acting as support now and may be able to hold the market up. If so, this stock may bounce to the side and continue inside its trading range. If not, Thor Industries may move below $84 and possibly retest support near $66. 

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