Entegra Enters Class A Gas and Class C
I came across this press release from Entegra:
Entegra Coach recently announced the expansion of its family of luxury products to include luxury Class C and luxury gas Class A members.
“The name Entegra Coach is synonymous with luxury motorhomes,” said Andy Baer, GM of Entegra Coach. “Expanding into smaller coaches allows us to better support our loyal Entegra Owners by providing luxury options prior to, and after, their large diesel coach lifestyle. … In addition, now multiple generations of families can enjoy the Entegra Coach lifestyle together, while in the luxury of their own coach.”
We almost bought an Entegra.
This one actually:
It was the first coach that we walked through when we went to the Hershey Show way back in September of 2015. Loved it. And the salesperson was very keen to cut us a great deal. If we bought the coach right then.
“Canadians buy from us all the time!” He told us.
We were not there to buy from a U.S. dealer though. We were there to do our research. And we ultimately decided on a Newmar Dutch Star.
We bought our coach from a Canadian dealer. Primarily for warranty support and relative ease of access. And our Canadian dealer, the Hitch House, has been terrific.
Entegra became part of Thor. Thor was founded in 1980 when two entrepreneurs acquired Airstream. Then Thor made a string of acquisitions leading up to Jayco.
Thor had a knockout quarter with record sales of $2.23 billion, up over 30% and record net income of $128.4 million, up over 63%.
I had posted about Thor in December of 2016. At that time, the share price was $105 USD.
The current quote for Thor is $153 USD. Really big jump on their results. Yikes.
Companies like Thor don’t fit into my investment portfolio although given the incredible surge in the RV industry, perhaps I should have taken a bit of a position in Thor. It looks like easy money now doesn’t it?
Hard to say how long the ride might last for Thor.
This move by Entegra to get into Class C and Class A gas coaches is interesting. The new products were to be featured today at the RVIA show in Louisville. One luxury diesel Class C coach, the Entegra Qwest, two luxury gas Class C coaches, the Entegra Odyssey and Esteem, and one luxury gas Class A coach, the Entegra Emblem.
Nothing up on the Entegra website as yet.
I’ll have to check back and see what they are doing on this front.
With all of this demand and new product, it is bound to start getting crowded at the RV parks.
Andy Pargh has a couple of interesting posts about Entegra that he wrote back in June of 2016 here and here.
For whatever it might be worth, Andy went on to purchase a Prevost.
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