Rush Enterprises Q3 EPS $0.97, revenue $1.896B; declares $0.18 dividend; COO transition

RUSH ENTERPRISES INC \TX\

2024-Q3 EPS reported $2.81 revenue$5,795,160,000

Q3 revenue $1.896B (-4.3% YoY); diluted EPS $0.97 vs $0.96; net income $79.1M vs $80.3M.
Aftermarket parts/service revenue $633.0M (-1.6% YoY); absorption ratio 132.6%.
New Class 8 truck sales down 16.7% to 3,604 units; medium-duty sales up 4.2% to 3,379 units.
Board declared $0.18/share quarterly dividend, payable Dec 12 to holders of record Nov 12.
COO Michael McRoberts steps down Oct 31; Jason Wilder succeeds as COO effective Nov 1.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Michael J. McRoberts

Chief Operating Officer

RUSHA · RUSH ENTERPRISES INC \TX\

Effective: 2024-10-31
Successor: Jason Wilder
Filed: October 30, 2024, 7:59 PM ET

Mr. McRoberts is stepping down from his role as COO effective October 31, 2024

Appointed

Jason Wilder

Chief Operating Officer

RUSHA · RUSH ENTERPRISES INC \TX\

Effective: 2024-11-01
Filed: October 30, 2024, 7:59 PM ET

the Board of Directors of the Company appointed Jason Wilder to serve as COO, effective November 1, 2024

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael J. McRoberts departed as Chief Operating Officer at RUSH ENTERPRISES INC \TX\.

Action: stepping down
Role: Chief Operating Officer

Exact text from the filing

Mr. McRoberts is stepping down from his role as COO effective October 31, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jason Wilder was appointed as Chief Operating Officer at RUSH ENTERPRISES INC \TX\.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

the Board of Directors of the Company appointed Jason Wilder to serve as COO, effective November 1, 2024

View on SEC.gov

RUSH ENTERPRISES INC \TX\ filing history →

Source: SEC EDGAR

accession 0001437749-24-032511

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