Rush Enterprises, Inc. (RUSHA) Q1 2025 Earnings Call Transcript

Rush Enterprises, Inc. (NASDAQ:RUSHA) Q1 2025 Earnings Conference Call May 1, 2025 10:00 AM ET

Company Participants

Rusty Rush – Chairman, President & CEO
Steven Keller – CFO

Conference Call Participants

Daniel Imbro – Stephens
Andrew Obin – Bank of America
Avi Jaroslawicz – UBS

Operator

Thank you for standing by. My name is Janice, and I will be your conference operator today. At this time, I would like to welcome everyone to the Rush Enterprises, Inc. Report First Quarter 2025 Earnings Results. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I would like to turn the call over now to Mr. Rusty Rush, Chairman, CEO, and President. Please go ahead.

Rusty Rush

Well, good morning, everyone, and welcome to our first quarter 2025 earnings call. With me on the call this morning are Jason Wilder, Chief Operating Officer; Steve Keller, Chief Financial Officer; Jay Hazelwood, Vice President and Controller; and Michael Goldstone, Senior Vice President, General Counsel and Corporate Secretary.

Before we begin, Steve will say a few words regarding forward-looking statements.

Steven Keller

Certain statements we will make today are considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Because these statements include risks and uncertainties, our actual results may differ materially from those expressed or implied by such forward-looking statements.

Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in our annual report on Form 10-K for the year ended December 31, 2024, and our other filings with the Securities and Exchange Commission.

Rusty Rush

As we stated in our news release yesterday, in the first quarter, we

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