Rush Enterprises, Inc. (NASDAQ:RUSHA) Q3 2023 Earnings Call Transcript

Page 8 of 8

I got inventories of 1,300 to 1,500 right now because I don’t have the demand to turn a 2,500 unit inventory faster, just out there. But that allows us to still maintain a decent margin and we’ll monitor the market closely. And as it was to start picking up, we’ll try to increase in our used truck inventory. But again it goes back to not just pricing, not just what valuations, it goes back to demand.

Justin Long: Make sense. I’ll leave it there. Thanks for the time.

Operator: Thank you for your questions. I would now like to turn the conference back to Mr. Rush for closing remarks.

Rusty Rush: Folks we appreciate it. Thank you very much. I’d like to wish everyone a very happy holidays, and we will speak to you early to mid-February with our Q4 results. So again thank you very much.

Operator: This concludes today’s conference call. Thank you for your participation. You may now disconnect. Everyone have a wonderful day.

Follow Rush Enterprises Inc (NASDAQ:RUSHA)

Page 8 of 8