U-Haul Holding Company Reports First Quarter Fiscal 2024 Financial Results

August 8, 2023 Download

U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to common shareholders for its first quarter ended June 30, 2023, of $256.8 million, compared with net earnings of $338.3 million for the same period last year. Earnings per share for Non-Voting Shares (UHAL.B) were $1.31 for the first quarter of fiscal 2024 compared to $1.68 for the same period in fiscal 2023.

“Moving and storage is a highly competitive business,” stated Joe Shoen, chairman of U-Haul Holding Company. “Our customers have many choices. Our opportunity is to make U-Haul products and services the customer’s best choice. I am focused on the implementation of our customer focused programs.”