Rush Enterprises Inc - RUSHB STOCK NEWS

Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) announced a new $150 million stock repurchase program and a $65.3 million repurchase transaction of 1,500,000 shares of Class B Common Stock from the company's Chairman and CEO, W.M. 'Rusty' Rush. The new program replaces the prior $150 million program and will allow the company to continue investing in its growth strategy while returning capital to shareholders.

Rush Enterprises, Inc. reports Q3 2023 financial results, with revenues of $1.981 billion and net income of $80.3 million. The company also declares a cash dividend of $0.17 per share of Class A and Class B common stock.

Rush Enterprises, Inc. to host conference call to discuss Q3 2023 earnings

Rush Enterprises appoints Amy Boerger and Michael McRoberts to its Board of Directors.

Rush Enterprises offers limited-edition pink mudflaps to raise awareness for Breast Cancer Awareness Month. For every mudflap sold, $2 will be donated to the Breast Cancer Research Foundation.

Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) reports strong Q2 results with $2.0 billion in revenues, $98.3 million net income, and $1.75 earnings per diluted share. The company attributes this success to continued demand for new commercial vehicles and strategic initiatives. Additionally, the board declares a three-for-two stock split and a post-split cash dividend of $0.17 per share, representing a 21.4% increase.

Rush Enterprises, Inc. will host a conference call to discuss earnings for Q2 2023 on July 26, 2023. Earnings will be reported after the close of market on July 25, 2023.

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.

Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) will host a conference call on April 26, 2023, at 10:00 a.m. Eastern to discuss its first-quarter 2023 earnings, reported after market close on April 25, 2023. The company operates the largest network of commercial vehicle dealerships in North America, with over 150 locations. Rush Truck Centers represents major manufacturers like Peterbilt and International, providing a range of services from vehicle sales to financing and aftermarket parts. Interested participants can access the call and register via the company’s investor website.