secwatch.observer — SEC 8-K summary
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Issuer:     RUSH ENTERPRISES INC \TX\ (RUSHA)
CIK:        0001012019
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0001437749-23-020622
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rush Enterprises Q2 revenue $2.0B (+11.8% YoY), EPS $1.75; announces 3:2 stock split and 21.4% dividend hike
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- Net income $98.3M ($1.75 diluted EPS); adjusted prior-year EPS also $1.75 after excluding a $9.8M Canada acquisition gain.
- Aftermarket revenue $651.1M (absorp. ratio 139.7%); 4,300 new Class 8 and 3,477 new Class 4-7 trucks sold.
- Board declares 3-for-2 stock split payable Aug 28, 2023 to holders of record Aug 7, 2023.
- Post-split quarterly dividend raised 21.4% to $0.17/share, payable Sep 22, 2023 to record Sep 7, 2023.
- Company repurchased $40.3M of common stock during Q2; used truck demand/values remain weak.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1012019/000143774923020622/0001437749-23-020622-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1012019/000143774923020622/rusha20230725_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-020622

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