RUSHB News & Events

Rush Enterprises announced that Jody Pollard will take over the role of COO from Jason Wilder who has left the company. Jody Pollard has been named COO and will report to Rusty Rush. While Pollard is transitioning into this role, he will work closely with Rush and Michael McRoberts, senior advisor to the company and member of the board of directors. McRoberts served as COO of the company from 2016 to 2024. Pollard previously served as senior VP - truck sales and aftermarket sales from March 2021 until his recent promotion to COO and was senior VP of operations from 2017 to 2021.

Rush Enterprises announced that its board of directors approved a new stock repurchase program authorizing the company to repurchase, from time to time, up to an aggregate of $150M of its shares of Class A common stock, 1c par value per share, and/or Class B common stock, 1c par value per share.

Reports Q3 revenue $1.88B vs $1.896B last year. "The commercial vehicle industry continued to face challenging operating conditions in the third quarter of 2025. Freight rates remain depressed and overcapacity continues to weigh on the market. In addition, while the industry gained some clarity regarding the tariffs that will be imposed on certain commercial vehicles and parts beginning November 1, economic uncertainty and regulatory ambiguity remains, especially with respect to engine emissions regulations. These factors are impacting our customers' vehicle replacement decisions. On a positive note, we experienced modest gains in aftermarket revenue and light-duty vehicle sales. However, overall demand remained soft, particularly with respect to new heavy-duty and medium-duty commercial vehicle sales," said W.M. "Rusty" Rush, Chairman, Chief Executive Officer and President of Rush Enterprises, Inc.

Rush Enterprises announced that its board of directors approved an increase of $50M to its existing stock repurchase program authorizing the company to repurchase, from time to time, up to an aggregate of $200M of its shares of Class A common stock, $.01 par value per share, and/or Class B common stock, $.01 par value per share. This increase follows the company nearing the original authorization limit of $150M -. "Despite the continued uncertainty surrounding tariffs, the continuing freight recession and challenging commercial vehicle market, we remain confident in our strong capital position, liquidity and ability to generate strong free cash flow, and we are pleased to take this opportunity to enhance shareholder value through this $50 million increase to our stock repurchase program," said W.M. Rush, chairman, CEO and president of the company.