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. reports developments in transportation, logistics and infrastructure supply-chain equipment, including dry and refrigerated trailers and truck bodies, platform trailers, tank trailers, structural composites, parts and service programs, and fleet support offerings. Recurring news includes earnings, backlog and demand commentary for freight equipment markets, as well as updates from the company’s Parts & Services activities and truck body operations.
Company announcements also cover product and technology initiatives such as the DuraPlate dry van platform, digitally connected cargo assurance tools, TrailerHawk.AI, Ready-to-Mount truck bodies, upfit services, Trailers as a Service, and AI-driven configuration and aftermarket parts tools. Capital-return items, including quarterly dividends, also appear among Wabash’s recurring corporate updates.
Wabash National Corporation (WNC) reported a first quarter 2020 GAAP EPS of $(2.01) and non-GAAP EPS of $(0.04). Net sales fell to $387 million, with a loss of $110 million mainly due to a $107 million goodwill impairment. The company's backlog remained stable at $1.0 billion. WNC has a strong liquidity position with $277 million available, including $155 million in cash. Despite economic challenges from COVID-19, the company aims to maintain its dividend and pursue debt reduction strategies, alongside a commitment to safety for employees.