Welcome to our dedicated page for Rumbleon news (Ticker: RMBL), a resource for investors and traders seeking the latest updates and insights on Rumbleon stock.
RumbleOn, Inc. (NASDAQ: RMBL) generates news primarily through its activities as a large U.S. powersports retailer and vehicle transportation services provider. Company press releases and earnings announcements highlight developments in its two operating segments: the RideNow-branded powersports dealership group and Wholesale Express, LLC, an asset-light transportation brokerage focused on the automotive industry.
News coverage for RMBL commonly includes quarterly and annual financial results, where the company reports revenue, gross profit, segment performance, cash flow and non-GAAP metrics such as Adjusted EBITDA. These releases also break down unit sales of new and pre-owned powersports vehicles, parts, service and accessories revenue, finance and insurance income, and vehicle transportation services activity.
RumbleOn’s disclosures frequently feature strategic and capital structure updates, such as amendments to its term loan credit agreement, changes in floor plan financing, and equity capital raises like its fully backstopped registered rights offering for Class B common stock. Investors following RMBL news can also see details on subordinated loans, warrant amendments and other financing arrangements described in the company’s Form 8-K filings and related press releases.
Corporate governance and leadership changes are another recurring theme. The company has announced appointments of new executives, promotions within its operations team, and additions to its Board of Directors, along with committee assignments. These updates often accompany commentary on operational priorities in the powersports segment and efforts to improve profitability and cash flow.
In August 2025, RumbleOn announced that it would rebrand as RideNow Group, Inc. and change its Nasdaq ticker symbol to RDNW, effective August 13, 2025. Related news explained that the rebranding aligns the corporate identity with the RideNow brand used in its dealership operations and that the company’s headquarters would relocate from Irving, Texas to Chandler, Arizona. For ongoing developments, investors can review RMBL’s historical news and then follow subsequent releases under the RDNW symbol.
RumbleOn, Inc. (NASDAQ: RMBL) has announced that its Chairman & CEO, Marshall Chesrown, and CFO, Blake Lawson, will participate in a fireside chat at the D.A. Davidson 6th Annual Consumer Growth Conference. This event will take place on Tuesday, March 21, 2023, at 8:00 a.m. Eastern Time in New York. The discussion will be webcast live through the Investor Relations section of RumbleOn's website. RumbleOn is recognized as the first technology-based omnichannel powersports platform, aiming to merge digital and physical customer experiences.
RumbleOn, Inc. (NASDAQ: RMBL) is set to announce its fourth quarter and full year 2022 operational and financial results on March 16, 2023, before market opening. A conference call will occur at 7:30 a.m. Central Time (8:30 a.m. Eastern Time) to discuss these results. RumbleOn, headquartered in the Dallas Metroplex, is recognized as the first technology-based omnichannel powersports platform in the U.S., aiming to enhance customer experience by integrating physical and digital assets seamlessly.
RumbleOn, Inc. has announced the promotion of Blake Lawson to Chief Financial Officer, effective January 19, 2023. Lawson brings over 20 years of experience in financial leadership within the powersports industry, having previously served as CFO for RideNow and American Powersports. He will lead RumbleOn's financial strategy, accounting, tax, treasury, and financial operations, contributing to the company's long-term growth and profitability. His appointment is expected to strengthen RumbleOn's management team, enhancing its focus on higher margin segments. Lawson replaces Narinder Sahai, who will transition to a special advisor role.
RumbleOn, Inc. (NASDAQ: RMBL) announced participation in a fireside chat at the 25th ICR Conference on January 9, 2023, at 11:30 a.m. ET. Company officials, including Chairman & CEO Marshall Chesrown and CFO Narinder Sahai, will discuss the innovative omnichannel powersports platform. The event will be webcast live via the Company’s Investor Relations website.
RumbleOn aims to enhance the customer experience by integrating digital and physical platforms in the powersports industry.
RumbleOn, the first technology-based omnichannel powersports platform, announces its participation in the Wolfe Research Consumer Growth Conference on December 6, 2022. The company will host a virtual fireside chat featuring CEO Marshall Chesrown and CFO Narinder Sahai at 9:35 a.m. Eastern Time. The event will be part of the Powersports Panel and accessible via RSVP to Wolfe Research. An archived audio and transcript will be available on RumbleOn's Investor Relations website.
RumbleOn reports Q3 2022 revenue of $470.3 million, with a gross profit of $116.3 million.
The Powersports Segment generated $385.4 million, while the Automotive Segment saw a revenue decline to $70.0 million.
Net income stood at $3.0 million or $0.19 per diluted share. Adjusted EBITDA was $25.7 million.
Full-year revenue outlook revised to $1.85 to $1.90 billion, primarily due to expected growth in Powersports.
RumbleOn, Inc. (NASDAQ: RMBL) has secured a $75 million credit facility from J.P. Morgan to finance used powersports inventory. This financing aims to enhance customer experience by providing a wider selection of vehicles. CFO Narinder Sahai emphasized the importance of access to quality inventory for growth, especially amidst tightening credit markets. J.P. Morgan's support is deemed a validation of RumbleOn's business model.
RumbleOn, Inc. (NASDAQ: RMBL) announced that it will release its third quarter 2022 financial and operational results on November 9, 2022, before market open. A conference call will be held on the same day at 7:30 a.m. Central Time to discuss the results with investors. RumbleOn, recognized as the first technology-based omnichannel powersports platform in the U.S., integrates digital and physical experiences to enhance customer interaction in the powersports industry.
RumbleOn generated record revenue of $546.1 million in Q2 2022, marking over half a billion in a quarter for the first time. Gross profit reached $138.0 million, a 31% sequential increase. The diluted EPS was reported at $0.87, with adjusted EPS at $1.20. Total unit sales rose to 23,330, a 20.4% increase, fueled by a 23.6% rise in powersports unit sales. The company reaffirmed its 2022 revenue guidance between $1.9 billion and $2.0 billion, along with adjusted EBITDA expectations of at least $145 million.
RumbleOn, Inc. (NASDAQ: RMBL) will release its second quarter 2022 operational and financial results on August 9, 2022, before the market opens. A conference call is scheduled for 7:30 a.m. Central Time to discuss the results. Investors can join the call by dialing 1-855-327-6837 in the U.S. or 1-631-891-4304 internationally, using Conference ID: 10019789. The event will also be available via a live and archived webcast on RumbleOn’s Investor Relations website.