earnings
confidence high
sentiment positive
materiality 0.75
Rush Enterprises Q2 EPS $0.91, revenue $1.9B; announces 3-for-2 stock split and 10.5% dividend increase
RUSH ENTERPRISES INC \TX\
- Net income $72.8M ($0.91/diluted share) vs $72.4M ($0.90) in Q2 2025; revenue $1.900B down 1.6%.
- Board declares 3-for-2 stock split payable Aug 31, 2026 to holders of record Aug 11; post-split dividend $0.14/share, up 10.5%.
- Aftermarket parts & service revenue $645.7M (+1.5% YoY); absorption ratio 130.8%.
- Acquired five Peterbilt dealerships in Louisiana and five commercial vehicle dealerships in Ontario, Canada.
- Signed JV agreement with MCT Companies (Carrier Transicold dealer) for 50% ownership; expected close Q3 2026.