LAFAYETTE, Ind., July 02, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC) today announced that it will webcast its quarterly earnings conference call to review and discuss its financial results for the second quarter 2024 on Wednesday, July 24, 2024 beginning at 12:00 p.m. ET. The call and an accompanying slide presentation will be accessible on the "Investors" section of Wabash's website, www.onewabash.com, under "Events & Presentations." The conference call will be accessible by dialing (800) 715-9871, confer ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 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: 001-10883 WABASH NATIONAL CORPORATION (Exact name of registrant as specified in its charter) Delaware 52-1375208 (State of Incorpor ...

Wabash National Corporation (NYSE:WNC) Q1 2024 Earnings Conference Call April 24, 2024 12:00 PM ET Company Participants Ryan Reed - Senior Director of Investor Relations Brent Yeagy - President & Chief Executive Officer Mike Pettit - Chief Financial Officer Conference Call Participants Mike Shlisky - D.A. Davidson Justin Long - Stephens Jeff Kauffman - Vertical Research Partners Operator Good day, and welcome to the Wabash National Corporation First Quarter 2024 Earnings Call. All lines have been placed on ...

| --- | --- | |------------------------------------------------------------------------------------------|-------| | | | | | | | | | | April 24, 2024 First Quarter 2024 Earnings Release Changing How the World Reaches You ® | | Safe Harbor Statement & Non-GAAP Financial Measures This presentation contains certain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements convey Wabash National Corporation's (the "Company") current expectations or ...

Media Contact: Dana Stelsel Director, Communications (765) 771-5766 dana.stelsel@onewabash.com Investor Relations: Ryan Reed VP, Corporate Development, IR and FP&A (765) 490-5664 ryan.reed@onewabash.com Wabash Announces First Quarter 2024 Results LAFAYETTE, Ind. – April 24, 2024 – Wabash (NYSE: WNC), the innovation leader of connected solutions for the transportation, logistics and distribution industries, today reported results for the quarter ended March 31, 2024. The Company's net sales for the first qua ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Fiscal Year Ended December 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: 001-10883 WABASH NATIONAL CORPORATION (Exact name of registrant as specified in its charter) Delaware 52-1375208 Indic ...

Financial Performance and Key Metrics - In Q4 2023, the company achieved earnings per share (EPS) of $1.07, bringing the full year EPS to $4.81, which surpassed the 2025 EPS goal set in 2022 by 39% [12][15] - Consolidated revenue for Q4 was $596 million, with a gross margin of 18.2% and an operating margin of 10.3%, representing year-over-year improvements of 380 basis points and 150 basis points respectively [18] - Operating EBITDA for Q4 was $76.8 million, or 12.9% of sales, which was a 230 basis point improvement compared to the same quarter last year [18] - The company generated free cash flow of $100 million in Q4 and $216 million for the full year, despite investing over $100 million in capital expenditures [19][21] Business Segment Performance - Transportation Solutions generated revenue of $547 million with an operating income of $74.6 million, or 13.6% of sales [19] - Parts and Service generated revenue of $55.2 million and operating income of $10.1 million, or 18.4% of sales [19] - The company expects Parts and Services to grow revenue by 20% in 2024, contributing to a broader base of recurring revenue [23] Market Conditions and Backlog - The 12-month backlog increased to $1.6 billion due to new order activity in Q4 [13] - The company anticipates a recovery in the transportation market, with expectations that the freight downcycle will not last through all of 2024 [14] - The company is preparing for a potential market improvement in 2025 and beyond, leveraging its backlog and operational capabilities [16] Strategic Direction and Industry Competition - The company emphasizes a customer-centric transformation, enhancing connections with customers and partners to drive growth [5][9] - Strategic partnerships with HTI and the Fernweh Group are aimed at growing recurring revenue within the transportation ecosystem [6] - The company is focused on maintaining headcount to better respond to future demand increases, which is expected to mitigate short-term costs [40][42] Management Commentary on Operating Environment and Future Outlook - Management expressed confidence in the sustainability of financial performance despite a moderation in 2024 guidance, projecting revenue between $2.2 billion and $2.4 billion [15][23] - The company is optimistic about the economic environment, citing a strong labor market and cooling inflation as factors supporting a potential economic soft landing [13] - Management believes that the company is well-positioned to capitalize on market improvements anticipated in 2025 and beyond [16][27] Other Important Information - The company has made significant changes in leadership roles to enhance operational focus and strategic execution [11] - Capital expenditures for 2024 are expected to be between $70 million and $80 million, with a focus on supporting strategic growth initiatives [26] Q&A Session Summary Question: Outlook for trailer production in 2024 - Management acknowledged that while trailer production is expected to decline, they see signs of market recovery and are planning for a better 2025 [30] Question: Free cash flow outlook for 2024 - Management expects free cash flow to remain strong in 2024, with working capital levels likely to decrease due to lower revenue expectations [31][32] Question: Impact of headcount maintenance on costs - Management clarified that maintaining headcount is strategic to prepare for future demand, with minimal impact on margins [40][41] Question: ACT forecasts for trailer production - Management believes the ACT forecasts are generally accurate and reflective of market conditions [44] Question: Growth potential in Parts and Services - Management is confident in achieving $300 million in revenue by 2025 for the Parts and Services segment, despite a softer demand environment in 2024 [53]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Securities registered pursuant to Section 12(b) of the Act: For the transition period from to Commission File Number: 001-10883 WABASH NATIONAL CORPORATION (Exact name of registrant as ...

Wabash National Corporation (NYSE:WNC) Q3 2023 Earnings Conference Call October 25, 2023 ET Company Participants Ryan Reed - Senior Director, Corporate Development & Investor Relations Brent Yeagy - President & Chief Executive Officer Mike Pettit - Chief Financial Officer Conference Call Participants Justin Long - Stephens Mike Shlisky - D.A. Davidson Jeff Kauffman - Vertical Research Partners Operator Good day. My name is Rob, and I will be your conference operator today. At this time, I would like to welc ...

Financial Performance - Q3 2023 - Revenue reached $633 million[13] - Operating income was $77.6 million, representing an operating margin of 12.3%[13] - Net income attributable to common stockholders was $55.3 million, with a diluted EPS of $1.16[13] Segment Performance - Q3 2023 - Transportation Solutions revenue was $583 million[14] with an operating margin of 15.3%[14] - Parts & Services revenue was $56 million[14] with an operating margin of 21.9%[14] Cash Flow & Capital Allocation - Free cash flow was $28.3 million[18] - Capital expenditures totaled $29 million[23] - Expenditures for revenue generating assets were $0.7 million[23] - Share repurchases amounted to $3.8 million[23] 2023 Financial Outlook - The company anticipates revenue of $2.6 billion[26] - The company projects an operating margin of approximately 12%[26] - The company expects an EPS of $4.65[26] - Capex is projected to be $95-105 million[27] Backlog - Total backlog ending Q3 was $1.9 billion[12] - Twelve-month backlog was $1.4 billion[12]