GlobeNewswire: Rush Enterprises, Inc. Contains the last 10 of 207 releaseshttp://www.globenewswire.com/External?Length=42024-03-19T10:02:20ZGlobeNewswirehttp://www.globenewswire.com/External?Length=4newsdesk@globenewswire.com (NewsDesk)https://www.globenewswire.com/news-release/2024/03/08/2843345/0/en/Rush-Enterprises-announces-retirements-of-Michael-McRoberts-Chief-Operating-Officer-and-Scott-Anderson-Senior-Vice-President-of-Finance-Insurance-and-Leasing.html?f=22&fvtc=4&fvtv=6185Rush Enterprises announces retirements of Michael McRoberts, Chief Operating Officer and Scott Anderson, Senior Vice President of Finance, Insurance and Leasing2024-03-08T22:22:48Z<![CDATA[SAN ANTONIO, March 08, 2024 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA and RUSHB), which operates the largest network of commercial vehicle dealerships in North America, announced today that Michael McRoberts, Chief Operating Officer and a member of the Board of Directors of the Company, will step down from his role as COO later this year, and Scott Anderson, Senior Vice President of Finance, Insurance and Leasing, will retire effective March 30, 2024.]]>https://www.globenewswire.com/news-release/2024/02/13/2828683/0/en/Rush-Enterprises-Inc-Reports-Fourth-Quarter-and-Year-End-2023-Results-Announces-0-17-Per-Share-Dividend.html?f=22&fvtc=4&fvtv=6185Rush Enterprises, Inc. Reports Fourth Quarter and Year-End 2023 Results, Announces $0.17 Per Share Dividend2024-02-13T21:40:57Z<![CDATA[SAN ANTONIO, Texas, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the year ended December 31, 2023, the Company achieved revenues of $7.9 billion and net income of $347.1 million, or $4.15 per diluted share, compared with revenues of $7.1 billion and net income of $391.4 million, or $4.57 per diluted share, for the year ended December 31, 2022. In 2022, Cummins Inc. and the Company closed on Cummins’ acquisition of a 50% equity interest in Momentum Fuel Technologies that resulted in a $12.5 million pre-tax gain, and the Company closed on its acquisition of an additional 30% interest in Rush Truck Centres of Canada Limited, which resulted in a $9.8 million gain. Excluding the one-time gains related to those transactions, the Company’s adjusted net income for the year ended December 31, 2022, was $372.0 million, or $4.34 per diluted share. Additionally, the Company’s Board of Directors declared a cash dividend of $0.17 per share of Class A and Class B common stock, to be paid on March 18, 2024, to all shareholders of record as of February 27, 2024.]]>https://www.globenewswire.com/news-release/2024/01/31/2821534/0/en/Rush-Enterprises-Inc-Conference-Call-Advisory-for-Fourth-Quarter-and-Year-End-2023-Earnings-Results.html?f=22&fvtc=4&fvtv=6185Rush Enterprises, Inc. Conference Call Advisory for Fourth Quarter and Year-End 2023 Earnings Results2024-01-31T21:00:00Z<![CDATA[SAN ANTONIO, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc., (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America will host a conference call to discuss earnings for the fourth quarter and year-end 2023 on Wednesday, February 14, 2024 at 10:00 a.m. Eastern/9:00 a.m. Central. Earnings will be reported after the close of market on Tuesday, February 13, 2024.]]>https://www.globenewswire.com/news-release/2023/12/06/2791828/0/en/Rush-Enterprises-Inc-Adopts-Stock-Repurchase-Program-and-Announces-Repurchase-of-Common-Stock.html?f=22&fvtc=4&fvtv=6185Rush Enterprises, Inc. Adopts Stock Repurchase Program and Announces Repurchase of Common Stock2023-12-06T14:00:00Z<![CDATA[SAN ANTONIO, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) (the “Company,” “Rush Enterprises,” “we,” “us,” or “our”) today announced that its Board of Directors approved a new stock repurchase program authorizing the Company to repurchase, from time to time, up to an aggregate of $150 million of its shares of Class A Common Stock, par value $0.01 per share (“Class A Common Stock”), and/or Class B Common Stock, par value $0.01 per share (“Class B Common Stock”). The Company also today announced that, concurrently with and as part of the stock repurchase program, it has purchased 1,500,000 shares of Class B Common Stock for an aggregate consideration of $65.3 million from W.M. “Rusty” Rush, the Company’s Chairman of the Board, Chief Executive Officer and President. The transaction was funded with cash on hand. Mr. Rush advised the Company that the shares are being sold, in part, to repay a $40 million personal loan incurred by Mr. Rush with a balance of approximately $37 million that was secured by shares of the Class A Common Stock and Class B Common Stock owned by Mr. Rush as well as for financial diversification and tax planning purposes. The shares repurchased from Mr. Rush represent approximately 16.7% of the total shares of Class B Common Stock beneficially owned by Mr. Rush. After the transaction, Mr. Rush will continue to beneficially own 180,339 shares of Class A Common Stock and 7,493,809 shares of Class B Common Stock. The terms of the transaction were negotiated on behalf of the Company by a committee of independent directors of the Company’s Board of Directors with the assistance of its independent legal and financial advisors, Baker Botts L.L.P. and Houlihan Lokey Capital, Inc.]]>https://www.globenewswire.com/news-release/2023/10/24/2766081/0/en/Rush-Enterprises-Inc-Reports-Third-Quarter-2023-Results-Announces-0-17-Per-Share-Dividend.html?f=22&fvtc=4&fvtv=6185Rush Enterprises, Inc. Reports Third Quarter 2023 Results, Announces $0.17 Per Share Dividend2023-10-24T20:46:18Z<![CDATA[SAN ANTONIO, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the third quarter ended September 30, 2023, the Company achieved revenues of $1.981 billion and net income of $80.3 million, or $0.96 per diluted share, compared with revenues of $1.86 billion and net income of $90.4 million, or $1.06 per diluted share, in the quarter ended September 30, 2022. In the third quarter of 2023, the Company recognized a one-time, pre-tax charge of approximately $2.5 million, or $0.02 per share, related to a fire loss at our San Antonio, Texas facility. Additionally, the Company’s Board of Directors declared a cash dividend of $0.17 per share of Class A and Class B common stock, to be paid on December 12, 2023, to all shareholders of record as of November 9, 2023.]]>https://www.globenewswire.com/news-release/2023/10/11/2758784/0/en/Rush-Enterprises-Inc-Conference-Call-Advisory-For-Third-Quarter-2023-Earnings-Results.html?f=22&fvtc=4&fvtv=6185Rush Enterprises, Inc. Conference Call Advisory For Third Quarter 2023 Earnings Results2023-10-11T20:00:00Z<![CDATA[SAN ANTONIO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc., (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, will host a conference call to discuss earnings for the third quarter of 2023 on Wednesday, October 25, 2023 at 10:00 a.m. Eastern/9:00 a.m. Central. Earnings will be reported after the close of market on Tuesday, October 24, 2023.]]>https://www.globenewswire.com/news-release/2023/10/10/2757897/0/en/Rush-Enterprises-Inc-Announces-Additions-to-Board-of-Directors.html?f=22&fvtc=4&fvtv=6185Rush Enterprises, Inc. Announces Additions to Board of Directors2023-10-10T20:05:00Z<![CDATA[SAN ANTONIO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA and RUSHB), which operates the largest network of commercial vehicle dealerships in North America, announced today that it has appointed Amy Boerger and Michael McRoberts to serve as members of its Board of Directors, effectively immediately. Both will serve until the 2024 annual meeting of stockholders and will be subject to annual election thereafter.]]>https://www.globenewswire.com/news-release/2023/09/05/2737652/0/en/Rush-Enterprises-announces-limited-edition-pink-mudflaps-and-monetary-donation-in-support-of-the-Breast-Cancer-Research-Foundation.html?f=22&fvtc=4&fvtv=6185Rush Enterprises announces limited-edition pink mudflaps and monetary donation in support of the Breast Cancer Research Foundation2023-09-05T15:42:07Z<![CDATA[SAN ANTONIO, Texas, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA and RUSHB), which operates the largest network of commercial vehicle dealerships in North America, is offering limited-edition pink mudflaps to raise awareness for Breast Cancer Awareness Month. The pink mudflaps, which feature the Rush Truck Centers logo and iconic ribbon are available at all Rush Truck Centers locations in September and October. For every mudflap sold, Rush Truck Centers and promotional marketing company Boundless will donate $2 to the Breast Cancer Research Foundation.]]>Rush Enterprises is now selling limited-edition pink mudflaps in support of the Breast Cancer Research FoundationRush Truck Centers Limited Edition Breast Cancer Mudflapshttps://www.globenewswire.com/news-release/2023/07/25/2710874/0/en/Rush-Enterprises-Inc-Reports-Second-Quarter-2023-Results-Announces-Three-For-Two-Stock-Split-and-0-17-Per-Share-Dividend-Post-Stock-Split.html?f=22&fvtc=4&fvtv=6185Rush Enterprises, Inc. Reports Second Quarter 2023 Results, Announces Three-For-Two Stock Split and $0.17 Per Share Dividend (Post-Stock Split)2023-07-25T20:10:00Z<![CDATA[SAN ANTONIO, July 25, 2023 (GLOBE NEWSWIRE) -- 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 June 30, 2023, the Company achieved revenues of $2.003 billion and net income of $98.3 million, or $1.75 per diluted share, compared with revenues of $1.791 billion and net income of $110.2 million, or $1.92 per diluted share, in the quarter ended June 30, 2022. On May 2, 2022, the Company closed on its acquisition of an additional 30% interest in Rush Truck Centres of Canada Limited, which resulted in a $9.8 million gain. Excluding the one-time gain related to the acquisition, the Company’s adjusted net income for the quarter ended June 30, 2022 was $100.4 million, or $1.75 per diluted 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 28, 2023, to shareholders of record as of August 7, 2023. Holders of the Company’s common stock will receive an additional one-half share for each share 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 41,690,232 to approximately 62,535,348 and will increase the number of outstanding shares of Class B common stock from approximately 12,140,108 to approximately 18,210,161. Additionally, the Company’s Board of Directors declared a cash dividend of $0.17 per share of Class A and Class B common stock, to be paid on September 22, 2023, to all shareholders of record as of September 7, 2023. “We remain dedicated to returning capital to our shareholders, and we are pleased to announce a post-stock split cash dividend of $0.17 per share. After the stock split, this represents a 21.4% increase in the quarterly cash dividend paid to our shareholders compared to the prior quarterly dividend,” said W.M. “Rusty” Rush, Chairman, Chief Executive Officer and President of Rush Enterprises, Inc.]]>https://www.globenewswire.com/news-release/2023/07/12/2703924/0/en/Rush-Enterprises-Inc-Conference-Call-Advisory-for-Second-Quarter-2023-Earnings-Results.html?f=22&fvtc=4&fvtv=6185Rush Enterprises, Inc. Conference Call Advisory for Second Quarter 2023 Earnings Results2023-07-12T20:00:00Z<![CDATA[SAN ANTONIO, Texas, July 12, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc., (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America will host a conference call to discuss earnings for the second quarter of 2023 on Wednesday, July 26, 2023 at 10:00 a.m. Eastern/9:00 a.m. Central. Earnings will be reported after the close of market on Tuesday, July 25, 2023.]]>