Welcome to our dedicated page for Wabash Natl news (Ticker: WNC), a resource for investors and traders seeking the latest updates and insights on Wabash Natl stock.
Wabash National Corp. (NYSE: WNC) generates a steady flow of news related to transportation equipment manufacturing, supply chain solutions and its role in the truck trailer industry. Company updates often highlight how Wabash combines physical and digital technologies to support transportation, logistics, distribution and infrastructure markets, reflecting its focus on connected, end-to-end solutions.
Investors and industry followers can expect earnings announcements, including quarterly results, preliminary updates and outlook changes. These releases typically discuss net sales, segment performance for Transportation Solutions and Parts & Services, backlog trends, and the use of non-GAAP measures such as adjusted operating income, adjusted EBITDA, adjusted net income (loss), adjusted diluted earnings per share and free cash flow. Wabash also announces the timing of its earnings conference calls and webcasts, along with access details for slide presentations.
Beyond financial results, Wabash news covers strategic initiatives and partnerships. Recent stories include the launch and expansion of Trailers as a Service (TaaS) offerings like TaaS Pools and TaaS Plus, powered by TrailerHawk.ai, and partnerships such as the collaboration with Global Tank to expand the company’s tank trailer network and dealer ecosystem. These updates illustrate how Wabash is developing service-based and technology-enabled models alongside its manufacturing operations.
News items also describe network expansion in Parts & Services, such as new Parts & Services centers in key freight corridors, dealer expansions and additions to the Preferred Partner Network. These developments show how Wabash is building a broader support infrastructure for Wabash Genuine Parts, Ready-to-Mount truck bodies and related services.
For those tracking WNC, this news stream provides insight into Wabash’s financial performance, strategic direction, facility actions, partnerships and evolving offerings in trailers, truck bodies, tank trailers, parts and services.
Wabash National Corporation (NYSE: WNC) has successfully completed a $400 million offering of senior unsecured notes due in 2028, priced at a 4.50% annual coupon. The company also amended its revolving credit facility, increasing it by $50 million to $225 million. These measures enhance Wabash's balance sheet, providing sustainable capital for growth. Proceeds will fund the full redemption of 5.50% Senior Notes due 2025 and repay borrowings under the Term Loan Credit Agreement due 2027. This strategic shift supports Wabash's focus on innovation in transportation and logistics.
Wabash National Corporation (NYSE: WNC) will host a webcast of its quarterly earnings conference call on November 9, 2021, at 10:00 a.m. ET, to discuss its third quarter 2021 financial results. The call can be accessed via phone at (833) 476-0947 with conference ID 3504758, and a replay will be available for one year after the event. Earnings materials will be released by 7:00 a.m. ET on the same day and can be found in the 'Investors' section of the company’s website. Wabash National specializes in engineered solutions for the transportation and logistics sectors.
Wabash National Corporation (NYSE: WNC) announced a private offering of $400 million in senior unsecured notes due 2028, with a 4.50% interest rate. The funds will be used to redeem existing 5.50% Senior Notes due 2025 and repay part of its Term Loan Credit Agreement. Closing is anticipated on October 6, 2021, pending customary conditions. The notes will not be registered under the Securities Act and are offered to qualified institutional buyers only. The press release includes forward-looking statements encompassing potential risks, including economic conditions and supply chain disruptions.
Wabash National Corporation (NYSE: WNC) announced the opening of a new facility in Groveport, Ohio, aimed at enhancing its cargo van and truck body upfitting capabilities. This strategic expansion aligns with the company's growth initiatives in cold chain, home delivery, and parts and service. The site will provide a range of upfit solutions, including shelving, liftgates, and thermal solutions, and will stock Supreme truck bodies and Gruau insulated inserts. Wabash aims to improve productivity for customers by delivering tailored solutions swiftly.
Wabash National Corporation (NYSE: WNC) has released its second Corporate Responsibility Report, providing insights into its environmental, social, and governance (ESG) efforts for 2020. The report highlights the company’s commitment to sustainability and social responsibility with initiatives such as lower-carbon product designs, waste reduction standards, community investments, and leadership development programs. Prepared in alignment with TCFD recommendations and SASB metrics, the report reflects Wabash National’s vision of 'Changing How the World Reaches You.'
Wabash National Corporation (NYSE: WNC) announced a stock repurchase authorization of up to $150 million, extending through August 2024. This initiative corresponds to approximately 20% of the company's market cap and is the largest in its history. Since 2015, Wabash has returned around $360 million to shareholders via stock buybacks. This repurchase strategy aims to enhance shareholder value by reducing the number of outstanding shares and offsetting dilution from stock compensation. The company maintains flexibility to adapt the program based on market conditions.
Wabash National Corporation (NYSE:WNC) has declared a quarterly dividend of $0.08 per share, payable on October 28, 2021, to stockholders of record by October 7, 2021. This decision reflects the company's commitment to providing shareholder value and indicates a stable cash flow.
Wabash National is recognized for its innovations in engineered solutions for the transportation and logistics industries, producing a wide range of products including trailers and truck bodies.
Wabash National Corporation (NYSE: WNC) reported Q2 2021 revenue of $449.4 million, a 32.5% increase year-over-year, driven by strong customer demand. Operating income was $22.7 million (5.0% of sales) on a GAAP basis, with earnings per share at $0.24. The company's backlog surged 77% year-over-year to $1.3 billion. Despite manufacturing challenges, Wabash maintains its 2021 EPS outlook at $0.72, reflecting ongoing commitment to meet market demand and navigate supply chain pressures.
Wabash National Corporation (NYSE: WNC) will host a quarterly earnings call on July 28, 2021, at 10:00 a.m. ET, to discuss its Q2 2021 financial results. The call will be available via webcast on their website, with a replay accessible for one year. Related materials, such as the earnings press release and slides, will be posted by 7:00 a.m. ET on the same day. Wabash National, based in Lafayette, Indiana, is known for engineered solutions in transportation and logistics, offering a diverse range of products under various brand names.
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