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Record Revenues and Strategic Investments …

Record Revenues and Strategic Investments …

This article first appeared on GuruFocus.

  • Revenue: $7.5 billion for the second quarter.

  • Net Income: $752 million, a 24% increase from the first quarter.

  • Truck Division Performance: Strong performance driving results.

  • PACCAR Parts Revenue: Record quarterly revenues of $1.75 billion.

  • PACCAR Parts Pretax Income: $417 million.

  • PACCAR Financial Pretax Income: $124 million.

  • Truck Deliveries: Increased from 33,000 to 38,700 in the second quarter.

  • Gross Margins: Increased from 13.1% to 14.4% in the second quarter.

  • PACCAR Parts Gross Margins: Increased to 29.8%.

  • Fleet Services Program Revenue Growth: 8% increase in the second quarter.

  • Capital…

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