Rush Notches Higher 3Q Net Income, Revenue

Truck dealership Rush Enterprises posted higher third-quarter net income and revenue on the strength of its aftermarket and used truck activities as sales of new heavy-duty trucks fell due to the timing of large orders.

For the period ended Sept. 30, the nation’s only publicly traded commercial vehicle dealership posted net income of $41.7 million, or $1.03 per diluted share, compared with $29.8 million, or 72 cents, a year earlier.

Revenue rose to $1.38 billion compared with $1.26 billion in 2017.