RUSH ENTERPRISES INC \TX\ has recently released its 10-Q report, providing a detailed look into the company's financial performance and operations. Rush Enterprises, Inc. operates as an integrated retailer of commercial vehicles and related services in the United States and Canada. The company runs a network of commercial vehicle dealerships under the Rush Truck Centers name, primarily selling commercial vehicles manufactured by various brands such as Peterbilt, International, Hino, Ford, Isuzu, IC Bus, Blue Bird, Dennis Eagle, Blue Arc, and Battle Motors.
In ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations, the company discusses its forward-looking statements, business strategy, and outlook for the future. The report also includes a note regarding trademarks commonly used in the company’s filings, providing a list of registered trademarks and trade names.
The company's outlook includes forecasts for new U.S. Class 8 retail truck sales, new U.S. Class 4 through 7 retail commercial vehicle sales, as well as expectations for light-duty vehicle sales, used commercial vehicle sales, and lease and rental revenue for the year 2025. The report also covers the company's expectations for parts, service, and collision center operations.
In addition, the report provides insight into the company's critical accounting estimates, results of operations, and key performance indicators. One such key performance indicator is the absorption ratio, with the company achieving a 135.5% absorption ratio for the second quarter of 2025 compared to 134.0% in the second quarter of 2024.
The report also includes a detailed comparison of the company's revenues, vehicle unit sales, and dealership absorption ratio for the three months ended June 30, 2025, compared to the same period in 2024. The company's total revenues decreased by 4.8% in the second quarter of 2025, primarily due to decreased new Class 8 truck sales revenue.
As a result of these announcements, the company's shares have moved -0.07% on the market, and are now trading at a price of $55.16. If you want to know more, read the company's complete 10-Q report here.