PACCAR Inc
PCAR: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %H& | LOCK|jz>t | LOCK|M%%MF> |
Paccar Earnings: Second-Quarter Sales Fall Slightly Amid Normalization in New-Truck Orders
Paccar's second-quarter truck, parts, and other revenue decreased 2% year over year. This represents a marked slowdown from robust 22% growth for full-year 2023 due in part to the US truckload-industry pullback and resulting normalization in new heavy-duty truck orders.
