EXEC: Thule Sees Organic Sales Slip 4.0 Percent in Q3 in Tough Market

October 22, 2025

Thule Group President and CEO Mattias said Wednesday the “market remained tough” in the third quarter with a negative impact on sales, but noted that operating margins were higher than historical levels. The comments, which came in the form of a company CEO statement with the release of Q3 results on October 22, underscored the type of challenges companies are currently facing with sluggish consumer engagement and spending. SGB MEDIA