---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-012889"
form_type: "8-K"
ticker: "RUSHA"
cik: "0001012019"
company_name: "RUSH ENTERPRISES INC \\TX\\"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:11:17.752400+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Rush Enterprises Q1 EPS $0.88 vs $1.07; revenue down 2.1%; declares $0.17 dividend

## Summary
- Net income $71.6M, diluted EPS $0.88 vs $1.07 in Q1 2023; revenue $1.872B (-2.1% YoY).
- New Class 8 truck sales fell 20% YoY to 3,494 units; Class 4-7 sales up 9.6% to 3,331.
- Aftermarket parts/service revenue $649.2M (flat); absorption ratio 130.1% (down from 136.5%).
- Board declares $0.17/share quarterly dividend, payable June 10, record May 9; stock repurchases $5.6M in Q1.
- Management expects Class 8 demand to remain soft due to freight recession; reducing expenses.

## SEC filing metadata
- accession: 0001437749-24-012889
- form_type: 8-K
- ticker: RUSHA
- cik: 0001012019
- company_name: RUSH ENTERPRISES INC \TX\
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1012019/000143774924012889/0001437749-24-012889-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1012019/000143774924012889/rusha20240423_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-012889
- JSON: https://secwatch.observer/filing/0001437749-24-012889.json
- Plain text: https://secwatch.observer/filing/0001437749-24-012889.txt

## Key facts
- Earnings Releases
  RUSH ENTERPRISES INC \TX\ reported the quarter ended March 31, 2024 results: revenue $1.872 billion, net income $71.6 million, EPS $0.88 per diluted share.
  - Period: the quarter ended March 31, 2024
  - Revenue: $1.872 billion
  - Net income: $71.6 million
  - EPS: $0.88 per diluted share
  - Result: reported results
  source text: Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the quarter ended March 31, 2024, the Company achieved revenues of $1.872 billion and net income of $71.6 million, or $0.88 per diluted share, compared with revenues of $1.912 billion and net income of $90.5 million, or $1.07 per diluted share, in the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1012019/000143774924012889/0001437749-24-012889-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.