Rush Enterprises A Inc

Rush Enterprises expects to close its 50-percent-owned refrigerated transport joint venture with MCT Companies by August 31, as management projects a considerably stronger second half of 2026 for Class 8 truck sales. The company reported second-quarter revenues of $1.9 billion and net income of $72.8 million, or $0.91 per diluted share, while its board declared a 3-for-2 stock split and a post-split quarterly cash dividend of $0.14 per share, a 10.5 percent increase. During the quarter, Rush completed the acquisition of five Peterbilt dealerships in Louisiana and expanded into Canada with five commercial dealerships in Southwestern Ontario. Aftermarket operations accounted for approximately 64 percent of total gross profit, and the company sold 3,172 Class 8 trucks in the United States, lifting its U.S. Class 8 market share to 5.8 percent. Chairman, CEO and President W. Rush noted that the backlog is as big as it has been in a couple of years and that the company is basically sold out, while cautioning that the recovery remains in early stages and financing remains challenging for some customers.

Rush Enterprises, Inc. announced the dual listing of its common stock on the Nasdaq Texas exchange. The company will maintain its primary listing on the Nasdaq Global Select Market, and the dual listing will not affect investors' ability to buy or sell shares on that market. Nasdaq Texas is a newly established dual listing exchange created to broaden capital access for companies with strong ties to Texas. The company's common stock will continue to trade under ticker symbols RUSHA and RUSHB, and the dual listing will not involve issuance of new shares or changes to governance or reporting obligations. Trading on Nasdaq Texas is expected to commence on July 1, 2026.