Welcome to our dedicated page for Rush Enterprises news (Ticker: RUSHA), a resource for investors and traders seeking the latest updates and insights on Rush Enterprises stock.
Rush Enterprises Inc. (RUSHA) operates North America's largest commercial vehicle dealership network, providing integrated solutions from sales to aftermarket services. This news hub delivers official updates on strategic developments impacting the transportation sector.
Access curated press releases and verified announcements covering quarterly earnings, dealership expansions, and industry partnerships. Investors will find material disclosures about operational milestones, fleet management innovations, and financial services updates relevant to commercial vehicle markets.
Our repository includes updates on new vehicle launches, service network growth, and leadership changes, maintained for easy reference. Bookmark this page for direct access to RUSHA's corporate communications without third-party commentary.
Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), North America's largest commercial vehicle dealership network, has announced its upcoming third quarter 2024 earnings conference call. The call is scheduled for Wednesday, October 30 at 10:00 a.m. Eastern/9:00 a.m. Central. The company will release its earnings report after market close on Tuesday, October 29, 2024.
Interested parties can access the call via the company's investor relations website. Participants are encouraged to register for the event and join 10 minutes before the start time. For those unable to attend the live broadcast, a webcast replay will be available on the same website.
Rush Enterprises (NASDAQ: RUSHA & RUSHB) reported Q2 2024 results with revenues of $2.027 billion and net income of $78.7 million, or $0.97 per diluted share. This compares to revenues of $2.003 billion and net income of $98.3 million, or $1.17 per diluted share, in Q2 2023. The company faced challenging market conditions, including weak demand for Class 8 trucks and aftermarket parts due to the ongoing freight recession and high interest rates. Despite this, Rush Enterprises maintained strong performance in certain sectors, such as public and vocational segments. The company's Board declared a cash dividend of $0.18 per share, a 5.9% increase over the prior quarter. Rush Enterprises sold 4,128 new Class 8 trucks and 3,691 Class 4-7 medium-duty vehicles in Q2 2024. The company achieved an absorption ratio of 134.0% and expects market conditions to remain challenging in the near term.
Rush Enterprises, operator of the largest commercial vehicle dealership network in North America, will release its Q2 2024 earnings on July 31, 2024, after market close. A conference call to discuss the results is scheduled for August 1, 2024, at 10:00 a.m. Eastern/9:00 a.m. Central. Interested parties can register for the call online, and a replay will be available for those unable to attend the live broadcast.
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