Welcome to our dedicated page for U-Haul Holding Company news (Ticker: UHAL), a resource for investors and traders seeking the latest updates and insights on U-Haul Holding Company stock.
U-Haul Holding Company (UHAL) delivers integrated moving solutions through truck rentals, self-storage facilities, and related services. This news hub provides investors and industry observers with direct access to official corporate developments and market-moving updates.
Track all essential U-Haul announcements in one location, including earnings reports, strategic partnerships, and operational expansions. Our curated collection eliminates the need to monitor multiple sources, offering timestamped updates straight from company filings and verified media outlets.
Key coverage areas include innovations in logistics operations, storage facility growth, and customer service initiatives. The page also features analysis of regulatory filings and executive leadership updates that impact U-Haul's position in the transportation services sector.
Bookmark this page for streamlined monitoring of UHAL's business trajectory. Combine regular check-ins with portfolio tracking tools for complete investment awareness in the moving and storage industry.
Detroit-based non-profit Humble Design is set to celebrate its milestone of serving 2,000 clients emerging from homelessness on Aug. 27, 2021. The organization provides professional design services and gently used furnishings to create welcoming homes for at-risk families and veterans. U-Haul has partnered with Humble Design since 2016 and will sponsor this significant event. The charity notes a 99% success rate in helping families escape homelessness, highlighting the impact of community involvement and support.
Humble Design, a non-profit organization, is celebrating serving its 2,000th client who is transitioning out of homelessness. Scheduled for Aug. 27, the event will showcase the transformation of a veteran's empty residence into a welcoming home. Operating in cities like Chicago, Cleveland, Detroit, San Diego, and Seattle, the organization has significantly increased its impact in recent years, with a 99% success rate in helping families escape homelessness. U-Haul, a partner since 2016, is sponsoring this milestone event.
AMERCO (Nasdaq: UHAL) announced a special cash dividend of $0.50 per share on August 19, 2021. This dividend will be payable on September 21, 2021, to shareholders on record as of September 7, 2021. As the parent company of U-Haul International and other subsidiaries, AMERCO supports a business model that benefits both customers and the environment. U-Haul, a leader in the shared use business, operates over 23,000 locations and has a significant fleet and storage capacity in North America.
AMERCO (Nasdaq: UHAL) will host its fifteenth annual virtual analyst and investor meeting on August 19, 2021, at 11 a.m. Arizona time. This meeting aims to facilitate interaction between investors and company representatives, as stated by chairman Joe Shoen. The virtual format is designed to conserve shareholder resources and aligns with U-Haul's sustainability initiatives. Participants can join via www.amerco.com. U-Haul, under AMERCO, operates over 23,000 locations in North America, with a fleet of approximately 176,000 trucks.
The U-Haul of Historical Milford has permanently closed after 44 years of operation. The 0.9-acre property will remain owned by U-Haul, which plans to lease the 6,556-square-foot building to a new tenant. Customers can access self-move services just three miles away at U-Haul Moving & Storage at Milford Parkway, which will introduce indoor climate-controlled storage options. The closure affected seven employees, and U-Haul continues its commitment to serving communities during the COVID-19 recovery with extensive safety measures.
AMERCO (Nasdaq: UHAL) reported a substantial increase in net earnings for Q1 fiscal 2022, reaching $345.2 million ($17.60 per share) compared to $87.7 million ($4.47 per share) last year. Key growth drivers included a 58.2% rise in self-moving equipment rental revenues, totaling $381.1 million, along with a 26.1% increase in self-storage revenues. Gross capital expenditures surged to approximately $304 million, while cash availability in the Moving and Storage segment improved to $1.54 billion. Operating earnings in this segment rose significantly by $331.3 million year-over-year.
AMERCO (Nasdaq: UHAL) announced an upgrade of the Financial Strength Rating to A (Excellent) and the Issuer Credit Rating of 'a' (Excellent) for its subsidiary, Oxford Life Insurance Company, by A.M. Best. This upgrade signifies the strong credit quality and business profile of Oxford Life. Mark A. Haydukovich, President of Oxford Life, attributed this success to their focus on affordable insurance solutions and maintaining fiscal discipline. Oxford Life aims to meet the needs of the growing senior market through innovative initiatives and distribution enhancements.
AMERCO (Nasdaq: UHAL) will report its first quarter fiscal 2022 financial results on August 4, 2021, after market close. An investor conference call will follow on August 5, 2021, at 8 a.m. Arizona Time (11 a.m. ET).
U-Haul, a subsidiary of AMERCO, operates the largest network of moving and storage centers, boasting over 23,000 locations, with a fleet that includes approximately 176,000 trucks and 812,000 storage units across North America.
U-Haul is organizing the North Texas Vehicle Adventure event on July 24 from 10 a.m. to 3 p.m. at U-Haul Moving & Storage of North Plano. The event aims to educate the community about trucks and trailers, featuring vehicles from U-Haul, local fire, police, and school district services. Families can explore vehicles, enjoy food from local vendors, and learn safe towing practices. U-Haul highlights its commitment to safety and community engagement, especially during COVID-19 recovery with enhanced sanitation measures.
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