AMERCO (UHAL) CEO Joe Shoen on Q1 2023 Results - Earnings Call Transcript

SA Transcripts profile picture
SA Transcripts

AMERCO (NYSE:UHAL) Q1 2023 Results Conference Call August 4, 2022 11:00 AM ET

Company Participants

Sebastien Reyes - Director, IR

Joe Shoen - Chairman, CEO

Jason Berg - CFO

Conference Call Participants

Jamie Wilen - Wilen Management

Craig Inman - Artisan Partners

Adam Sues - Yacktman Asset Management

Steven Ralston - Zacks


Good morning, and welcome to the AMERCO First Quarter Fiscal 2023 Investor Call. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Sebastien Reyes. Please go ahead.

Sebastien Reyes

Good morning, and thank you for joining us today. Welcome to the AMERCO First Quarter Fiscal 2023 Investor Call. Before we begin, I'd like to remind everyone that certain statements during this call, including without limitation, statements regarding revenue, expenses, income and general growth of our business, may constitute forward-looking statements within the meaning of the safe harbor provisions, Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended.

Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Certain factors could cause actual results to differ materially from those projected. For a discussion of the risks and uncertainties that may affect AMERCO's business and future operating results, please refer to Form 10-Q for the quarter ended June 30, 2022, which is on file with the U.S. Securities and Exchange Commission.

I'll now turn the call over to Joe Shoen, Chairman of AMERCO.

Joe Shoen

Good morning. The truck rental business rate of growth is slowing. It looks like, however, we're going to be able to retain the expanded customer base we developed over the last 2 years. This has really moved overall business ahead. We will continue at U-Haul to probe markets where we

Recommended For You

Comments (1)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.