- Navistar (NYSE:NYSE:NAV) reports sales of manufactured products fell 1.85% to $2.66B in FQ2.
- Segment results: North America Truck: $1.966B (+4.88%); North America Parts: $613M (-2.70%); Global Operations: $130M (-52.03%); Financial Services: $60M (+5.26%).
- Class 8 heavy-duty truck chargeouts +9.0% Y/Y.
- FQ3 Guidance: Adjusted EBITDA: $125 to $175M; Manufacturing cash, cash equivalents and marketable securities: $750M to $850M.
- FY2016 Guidance: Retail deliveries of Class 6-8 trucks and buses in the United States and Canada will be between 350,000 units to 380,000 units.
More on Navistar's FQ2
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Navistar International Corporation |