Welcome to our dedicated page for Rush Enterprises news (Ticker: RUSHB), a resource for investors and traders seeking the latest updates and insights on Rush Enterprises stock.
Rush Enterprises Inc (RUSHB) operates North America's largest network of commercial truck dealerships, providing integrated retail solutions and aftermarket services. This page aggregates official announcements and verified updates about the company's operations, financial performance, and industry leadership.
Investors and industry professionals will find timely updates on quarterly earnings, strategic partnerships, dealership expansions, and technological initiatives. All content is sourced directly from company filings and authorized communications to ensure accuracy.
The repository includes press releases about new service offerings, financial disclosures detailing operational results, and strategic announcements regarding fleet solutions and manufacturer partnerships. Content is organized chronologically for transparent tracking of corporate developments.
Bookmark this page for streamlined access to Rush Enterprises' latest business updates. Combine these verified reports with Stock Titan's financial analysis tools for comprehensive investment research.
Rush Enterprises reported Q1 2023 revenues of $1.912 billion and net income of $90.5 million, maintaining earnings per diluted share at $1.60. Compared to Q1 2022, revenues rose by 22.3%, while net income slightly declined. The company benefited from strong demand for new commercial vehicles, particularly Class 4-7 trucks, achieving a significant aftermarket revenue growth of 19.3% to $648.2 million. A cash dividend of $0.21 per share was declared, payable on June 9, 2023, to shareholders recorded by May 10, 2023. The backlog for trucks stands at $4.210 billion. Despite challenges in the used truck market, Rush remains optimistic about continued production recovery and strong demand.
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