RUSH ENTERPRISES INC TX

Rush Enterprises, Inc. announced that its subsidiary, Rush Truck Centres of Canada Limited (RTC-Canada), along with the company as guarantor, entered into the Fourth Amendment to its wholesale financing agreement with Bank of Montreal. Effective June 15, 2026, this amendment increases the total loan commitment from $171.7 million CAD to $194.7 million CAD. This adjustment provides RTC-Canada with increased financial flexibility for its operations.

Rush Enterprises, Inc. announced that its senior management will be meeting with current and potential investors and business analysts over the next couple of months. For these meetings, the company intends to use an Investor Presentation, which is furnished as Exhibit 99.1 to its Current Report on Form 8-K. The Investor Presentation will also be made available in the "Investor Relations" section of the company's website.

Rush Enterprises reported Q1 2026 diluted EPS of $0.77, a 5.5% increase from $0.73 in Q1 2025, despite a 9.0% decrease in total revenue to $1.68 billion. Net income attributable to the company rose 1.9% to $61.45 million. The company also increased its quarterly dividend to $0.19 per share. The outlook for new U.S. Class 8 retail truck sales in 2026 is positive, with a forecast increase of 5.7%.

Rush Enterprises, Inc. reported Q1 2026 revenues of $1.68 billion, a 9.2% decrease YoY, but net income increased 2.0% to $61.5 million, with diluted EPS rising 5.5% to $0.77. The Board declared a cash dividend of $0.19 per share. The company also signed an agreement to acquire six Peterbilt dealerships and one TRP location, expanding its network. Management noted improving market conditions despite continued industry weakness.

Rush Enterprises, Inc. announced Q1 2026 revenues of $1.68 billion and net income of $61.5 million, or $0.77 per diluted share. This compares to revenues of $1.85 billion and net income of $60.3 million, or $0.73 per diluted share, in Q1 2025. The company's Board of Directors also declared a cash dividend of $0.19 per share. Additionally, Rush Enterprises signed an agreement to acquire seven Peterbilt and TRP dealerships in Louisiana and Mississippi, expanding its network. Despite continued industry weakness, management believes Q1 represents the trough of the current downcycle, with gradual market improvement expected for the remainder of 2026, supported by resilient aftermarket performance and strategic expansion.