Wabash National Postpones 2Q Earnings Release

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railer maker Wabash National Corp. said it would postpone its second-quarter earnings release originally scheduled for Tuesday, due to the need to finalize its financial statements.

Net sales and profitability will be below expectations for the quarter, said Bill Greubel, chairman and chief executive officer. Net sales are estimated to be about $333 million on new trailer unit shipments of 15,700 units, he said.

“Reduced volumes, production inefficiencies and higher costs will curtail the profit improvements we were anticipating,” Greubel said in a statement.

“Looking ahead to the balance of the year we expect van trailer shipments of 15,000 and 16,000 units for the third and fourth quarter respectively for a total of 55,000 van trailer units for the year,” he said.