NYSE:UHALTransportation
How Investors May Respond To U-Haul (UHAL) Slashing 2027 Truck Purchases To Tackle Fleet Imbalances
In the past week, U-Haul Holding Company reported its 3Q FY2026 results, with total revenues rising 1.9% as self-storage revenue increased 7.9%, while higher depreciation and losses on retired rental equipment, particularly cargo vans, reduced earnings per share by US$0.24.
An important takeaway is management’s plan to cut more than US$500,000,000 in truck purchases for fiscal 2027 and expand its dealer network to address fleet imbalances and sharpen the core moving and storage...