$76.270
-0.351 (-0.46%)Al cierre
Noticias de RUSHA
Eventos de RUSHA
Rush Reports Q2 Revenue of $1.9B, Exceeding Expectations
Reports Q2 revenue $1.9B, consensus $1.89B. "I am proud of the results our team delivered during the second quarter. As I mentioned at the end of April, we believe the first quarter represented the trough of the extended industry downcycle, and during the second quarter we continued to see signs of gradual improvement in market conditions. While the recovery remains in its early stages, improving freight rates, improving customer sentiment, increased commercial vehicle quoting activity and significantly higher order intake all contributed to better business conditions as the quarter progressed," said Rush.
Rush Enterprises Declares 3-for-2 Stock Split and $0.14 Cash Dividend per Share
The Company's Board of Directors declared a three-for-two stock split with respect to both the Company's Class A and Class B common stock. The stock split will be effected in the form of a stock dividend payable on August 31, 2026, to shareholders of record as of August 11, 2026. Holders of the Company's common stock will receive one additional share for each two shares of common stock held as of the record date. The stock split will increase the number of outstanding shares of Class A common stock from approximately 61,142,458 to approximately 91,713,687 and will increase the number of outstanding shares of Class B common stock from approximately 16,677,344 to approximately 25,016,016. Additionally, the Company's Board of Directors declared a cash dividend of $0.14 per share of Class A and Class B common stock, to be paid on September 24, 2026, to all shareholders of record as of September 9, 2026. "We remain dedicated to returning capital to our shareholders, and we are pleased to announce a post-stock split cash dividend of $0.14 per share. After the stock split, this represents a 10.5% increase in the quarterly cash dividend paid to our shareholders compared to the prior quarterly dividend and is our tenth increase since we announced our intent to begin paying a quarterly cash dividend in July 2018 as part of our capital allocation strategy," said W.M. "Rusty" Rush, Chairman, Chief Executive Officer and President of Rush Enterprises, Inc.
Rush Enterprises Dual Lists Common Stock on Nasdaq Texas
Rush Enterprises announced the dual listing of its common stock on Nasdaq Texas. The company will maintain its primary listing on the Nasdaq Global Select Market, and the dual listing will not affect investors' ability to buy or sell the company's common stock on the Nasdaq Global Select Market. The company expects the listing and trading of its common stock on Nasdaq Texas to commence on July 1.
Rush Enterprises Q1 Revenue at $1.68B, Below Consensus
Reports Q1 revenue $1.68B, consensus $1.73B. "Despite continued weakness across the commercial vehicle industry, I am proud of the way our team performed in the first quarter," said W.M. "Rusty" Rush, Chairman, CEO and President of Rush Enterprises. "We believe the first quarter represents the trough of this current downcycle, and while conditions remain challenging, we are beginning to see early indicators of gradual improvement in market conditions, which we believe will continue for the remainder of 2026," he continued. "During the quarter, freight rates began to improve modestly, miles driven increased and customer sentiment generally improved, all of which contributed to increased new commercial vehicle quoting activity and order intake," Rush said. "However, new commercial vehicle sales during the first quarter were at historically low levels across the industry, reflecting the prolonged impact of the multi-year freight recession, excess capacity and broader economic uncertainty," he added.
Rush Enterprises Appoints Jody Pollard as COO
Rush Enterprises announced that Jody Pollard will take over the role of COO from Jason Wilder who has left the company. Jody Pollard has been named COO and will report to Rusty Rush. While Pollard is transitioning into this role, he will work closely with Rush and Michael McRoberts, senior advisor to the company and member of the board of directors. McRoberts served as COO of the company from 2016 to 2024. Pollard previously served as senior VP - truck sales and aftermarket sales from March 2021 until his recent promotion to COO and was senior VP of operations from 2017 to 2021.
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