This week’s roundup of first-quarter financial reports includes San Antonio-based NuStar Energy, New Braunfels-based Rush Enterprises Inc. and Seguin-based Alamo Group, all of which posted strong results.
Rush Enterprises Inc. saw sales of Class 8 trucks and Class 4 through 7 vehicles increase 23.7 and 41.9 percent, respectively, year over year in the first quarter.Welcome back to Earnings Roundup, SA Inc’s weekly summary of the latest financial reports from companies of local interest. Look for it online Monday during quarterly or annual earnings reporting periods.
This week’s roundup of first-quarter financial reports includes San Antonio-based NuStar Energy, New Braunfels-based Rush Enterprises Inc. and Seguin-based Alamo Group, as well as other companies of local interest such as Denny’s Corp., whose largest single-owner franchisee is based in San Antonio; and Cedar Fair Entertainment Co., which owns owns Schlitterbahn Waterpark & Resort in New Braunfels.
“Our refined products systems and our ammonia system continued to deliver solid, dependable revenue contributions.” —NEW BRAUNFELS — Rush Enterprises Inc. saw the number of commercial trucks sold during the first-quarter rise year over year, with a 23.7 percent jump in Class 8 truck sales and a 41.9 percent increase in Class 4 through 7 vehicle sales. The company also reported gains in revenue from aftermarket products and services, up 19.3 percent, and from leasing and rental, up 21.5 percent.
“Momentum has been building, and I believe this will enable us to not only achieve our financial objectives for the year, but open new growth markets and establish new relationships that will set the stage for success over the long-term.”DALLAS — Tenet Healthcare Corp., parent company of Baptist Health System hospitals in San Antonio, grew revenue in the first quarter by 5.8 percent compared to first quarter 2022.
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