UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-27754 HUB GROUP, INC. Oak Brook, Illinois 60523 (Address, including zip code, of principal executive offices) (630) 271-3600 (Exact name of reg ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-27754 HUB GROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I ...

Hub Group, Inc. (NASDAQ:HUBG) Q1 2023 Results Conference Call April 27, 2023 5:00 PM ET Company Participants Phil Yeager - President and Chief Executive Officer Brian Alexander - Chief Operating Officer Geoff DeMartino - Chief Financial Officer Conference Call Participants Jon Chappell - Evercore Elliot Alper - Cowen and Company Brian Ossenbeck - JPMorgan Bascome Majors - Susquehanna Scott Group - Wolfe Research Tom Wadewitz - UBS Justin Long - Stephens Ravi Shanker - Morgan Stanley David Zazula - Barclays ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION OR Washington, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FORM 10-K For the transition period from _____ to _____ Commission File No. 0-27754 (Mark One) HUB GROUP, INC. ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) For the fiscal year ended December 31, 2022 (State or other jurisdiction of incorporation or ...

Hub Group, Inc. (NASDAQ:HUBG) Q4 2022 Earnings Conference Call February 2, 2023 5:00 PM ET Company Participants Phillip Yeager - President and CEO Brian Alexander - Chief Operating Officer Geoff DeMartino - CFO Conference Call Participants Todd Fowler - KeyBanc Jon Chappell - Evercore Jason Seidl - Cowen and Company Brian Ossenbeck - JPMorgan Bascome Majors - Susquehanna Scott Group - Wolfe Research Christopher Kuhn - Benchmark Allison Poliniak - Wells Fargo Bruce Chan - Stifel Thomas Wadewitz - UBS Ravi Sh ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-27754 HUB GROUP, INC. Delaware 36-4007085 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification N ...

Financial Data and Key Metrics Changes - The company reported a 26% increase in total revenue year-over-year, with operating income doubling compared to the previous year [20][21] - Gross margin as a percentage of revenue was 16.5%, with an operating income margin of 8.7% [20] - Earnings per share for the quarter was $2.61, more than double the prior year [21] Business Line Data and Key Metrics Changes - Intermodal Transportation Services (ITS) revenue increased by 22%, driven by a 31% increase in revenue per load despite a 6% decrease in volume [11] - Logistics revenue rose by 12%, with gross margin as a percentage of sales increasing by 370 basis points [15] - Brokerage revenue surged by 63%, attributed to a 54% increase in volume and a 6% increase in revenue per load [17] Market Data and Key Metrics Changes - Local East volume declined by 18%, while Local West volume increased by 1% and Transcon volume decreased by 1% [12] - Year-to-date volume in October was down about 8% year-over-year, showing a sequential improvement from September [31] Company Strategy and Development Direction - The company is focusing on diversification into non-asset-based services, which are expected to generate significant free cash flow and enhance customer value [8] - The strategy includes in-sourcing a higher percentage of drainage to improve competitive positioning in intermodal [8] - The company aims to maintain a balance between volume growth and margin preservation, particularly in the intermodal segment [94] Management's Comments on Operating Environment and Future Outlook - Management acknowledged potential for a continued softening economy but expressed confidence in the company's resilience due to strategic adjustments [7] - The company expects intermodal volumes to decline in low single digits for 2022, with a forecasted gross margin of 16.5% to 16.7% for the year [23][24] - Management highlighted the importance of maximizing margin per load day as a key focus moving forward [48] Other Important Information - The company authorized a $200 million share repurchase program as part of its commitment to returning capital to shareholders [22] - The company has a pristine balance sheet with low levels of net indebtedness, providing flexibility for investments [24] Q&A Session Summary Question: What are the variables affecting fourth-quarter guidance? - Management indicated that volume growth or decline, surcharges, and gains on sale are key swing factors for guidance [29] Question: Can you provide insights on volume trends for Q3 and Q4? - Volume was down 6% in Q3, with an estimated 200 basis points attributed to the averted rail strike; October showed an 8% year-over-year decline but sequential improvement from September [31] Question: How much of the business is now asset-light? - Approximately 40% to 45% of revenue is now asset-light, providing more flexibility in rail contracts [34] Question: What is the competitive dynamic in intermodal for 2023? - Management believes the market is stable, with a focus on margin maintenance while pursuing volume growth [93] Question: How is the TAGG acquisition progressing? - The acquisition has exceeded expectations in terms of customer receptivity and cross-selling opportunities, enhancing the company's e-commerce fulfillment capabilities [80][82] Question: What is the expected free cash flow profile in a downturn? - The company anticipates strong free cash flow generation, with the ability to scale down capital expenditures if necessary [105]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-27754 HUB GROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Del ...

Hub Group, Inc. (NASDAQ:HUBG) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Dave Yeager - Chief Executive Officer Phil Yeager - President and Chief Operating Officer Geoff DeMartino - Chief Financial Officer Conference Call Participants Todd Fowler - KeyBanc Scott Group - Wolfe Research Tom Wadewitz - UBS Brian Ossenbeck - JPMorgan Jon Chappell - Evercore Bascome Majors - Susquehanna Financial Group Justin Long - Stephens Matt Milask - Stifel David Zazula - Barclays Operato ...

Revenue Growth - Total revenue increased by 41% to $1,298 million in Q1 2022 from $920 million in Q1 2021, driven by significant growth across all business lines [68]. - Intermodal and Transportation Solutions revenue rose 35% to $774 million, with a 35% increase in intermodal revenue per load and a 4% increase in intermodal volume [69]. - Truck Brokerage revenue surged 132% to $296 million, primarily due to the acquisition of Choptank and a 33% increase in revenue per load [69]. - Logistics revenue grew 6% to $229 million, supported by final mile and consolidation services, despite some customer losses [69]. - Top 50 customers accounted for approximately 63% of revenue for the three months ended March 31, 2022, with one customer exceeding 10% of quarterly revenue [65]. Cost and Expenses - Transportation costs increased by 34% to $1,083 million, with purchased transportation costs rising 40% due to higher business activity and increased fuel costs [70]. - Salaries and benefits rose to $69 million in 2022 from $57 million in 2021, but as a percentage of revenue, it decreased to 5.3% from 6.2% [72]. - General and administrative expenses rose to $20 million in 2022 from $19 million in 2021, but as a percentage of revenue, they decreased to 1.6% from 2.1% [75]. - Depreciation and amortization expense increased to $11 million in 2022 from $9 million in 2021, with a revenue percentage decrease to 0.8% from 0.9% [76]. Profitability - Gross margin increased by 98% to $215 million, with gross margin percentage rising to 16.6% from 11.8% [71]. - Net income surged to $88 million in 2022 from $17 million in 2021, driven by increased gross margin [79]. Cash Flow and Capital Expenditures - Cash provided by operating activities was $80 million for the three months ended March 31, 2022, down from $127 million in 2021, primarily due to a $74 million increase in accounts receivable [83]. - Capital expenditures for the three months ended March 31, 2022, totaled $31 million, with significant investments in tractors ($12 million) and containers ($11 million) [84]. - Estimated capital expenditures for 2022 are projected to range from $240 million to $265 million, with transportation equipment purchases expected between $210 million and $225 million [86]. - Net cash used in financing activities for the three months ended March 31, 2022, was $9 million, including long-term debt repayments of $26 million [87]. - As of March 31, 2022, the company had $207 million in cash and $21 million in restricted investments, with no borrowings under the Credit Agreement [81]. Operational Insights - The company plans to order approximately 6,500 new containers in 2022 to increase capacity and meet customer demand [64]. - The company anticipates ongoing uncertainties, including potential consumer spending slowdowns and rising inflation impacting revenue and profitability [66]. - Headcount increased to 2,277 as of March 31, 2022, from 1,958 in 2021, primarily due to the addition of Choptank employees [74]. - The company is continuously evaluating economic conditions and their impact on operational cash flows, particularly in the freight market [92].