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Truck dealership Rush Enterprises reported declines in second-quarter net income and revenue as all segments of its business were hurt by the economic effects of the COVID-19 pandemic.
For the period ended June 30, the company reported net income of $16.8 million, or 46 cents per diluted share, compared with $41.6 million, or $1.10, in the year-earlier quarter.
A Rush Truck Centers service bay in Fort Worth, Texas. (Rush Enterprises Inc.)