Ryder Hosts 2024 Investor Day
13 6월 2024 - 8:55PM
Business Wire
Increases Long-Term ROE Target from High
Teens to Low Twenties Over the Cycle
Ryder System, Inc. (NYSE: R), a leader in supply chain,
dedicated transportation, and fleet management solutions, will host
its Investor Day in New York City today, Thursday, June 13, 2024,
starting at 8:30 a.m. EST. The event, inclusive of formal
presentations and two Q&A sessions with the senior leadership
team, is expected to conclude at approximately 12:00 p.m. EST.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240613339183/en/
Ryder is a leader in supply chain,
dedicated transportation, and fleet management solutions. (Photo:
Business Wire)
Ryder Chairman & CEO Robert Sanchez and EVP & CFO John
Diez, along with other members of the senior leadership team, will
provide an in-depth review of Ryder’s business transformation and
will outline the next phase of the company’s balanced growth
strategy, which is focused on accelerating profitable growth
supported by operational excellence and customer-centric
innovation.
In conjunction with Ryder’s 2024 Investor Day, the company is
increasing its long-term adjusted return on equity (ROE) target to
a range of low twenties (20% - 22%) over the cycle, up from its
prior target range of high teens (17% - 19%) over the cycle.
“The actions we’ve taken to de-risk the model, increase returns,
and drive profitable growth under our balanced growth strategy have
enabled Ryder to meaningfully outperform prior cycles. We are
confident that our transformed business model, strategic
initiatives, and expected benefits from the cycle upturn will
enable us to exceed prior peak-cycle returns,” says Sanchez.
Webcast registration for Ryder’s 2024 Investor Day is required.
A link to the live webcast and presentation materials will be
available on Ryder’s Investor Relations website at
investors.ryder.com, as well as a replay of the webcast following
the live event.
About Ryder System, Inc.
Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door
logistics and transportation company. It provides supply chain,
dedicated transportation, and fleet management solutions, including
warehousing and distribution, contract manufacturing and packaging,
e-commerce fulfillment, last-mile delivery, managed transportation,
professional drivers, freight brokerage, nearshoring solutions,
full-service leasing, maintenance, commercial truck rental, and
used vehicle sales to some of the world’s most-recognized brands.
Ryder provides services throughout the United States, Mexico, and
Canada. In addition, Ryder manages nearly 250,000 commercial
vehicles, services fleets at 760 maintenance locations, and
operates nearly 300 warehouses encompassing more than 100 million
square feet. Ryder is regularly recognized for its industry-leading
practices; technology-driven innovations; corporate responsibility;
environmental management; safety, health and security programs;
military veteran recruitment initiatives; and the hiring of a
diverse workforce. www.ryder.com
Note Regarding Forward-Looking Statements: Certain statements
and information included in this news release are "forward-looking
statements" within the meaning of the Federal Private Securities
Litigation Reform Act of 1995. These forward-looking statements,
including our forecast, long-term targets, expectations regarding
the freight cycle, and expectations regarding our balanced growth
strategy and our ability to execute such strategy and achieve
profitable growth, are based on our current plans and expectations
and are subject to risks, uncertainties and assumptions.
Accordingly, these forward-looking statements should be evaluated
with consideration given to the many risks and uncertainties that
could cause actual results and events to differ materially from
those in the forward-looking statements, including those risks set
forth in our periodic filings with the Securities and Exchange
Commission. New risks emerge from time to time. It is not possible
for management to predict all such risk factors or to assess the
impact of such risks on our business. Accordingly, we undertake no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
ryder-financial
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version on businesswire.com: https://www.businesswire.com/news/home/20240613339183/en/
Media: Amy Federman, afederman@ryder.com
Investor Relations: Calene Candela,
ccandela@ryder.com
Ryder System (NYSE:R)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Ryder System (NYSE:R)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024