Item 2.02 Results of Operations and Financial Condition
On October 22, 2008, we issued a press release reporting our financial results
for the three and nine months ended September 30, 2008 (the "Press Release"). We
also hosted a conference call and webcast on October 22, 2008 during which we
made a presentation on our financial results for the three and nine months ended
September 30, 2008 (the "Presentation"). The Press Release and the Presentation
are available on our website at www.ryder.com.
The Press Release and Presentation include information regarding comparable net
earnings, comparable earnings per share and comparable earnings per share
forecast, which are non-GAAP financial measures as defined by SEC regulations.
We believe that these non-GAAP financial measures provide useful information to
investors, and allow for better year-over-year comparison, as the measures
exclude from our GAAP net earnings, earnings per share and earnings per share
forecast, as applicable, restructuring costs in the third and fourth quarter of
2007, fourth quarter 2007 tax law changes, a gain on the sale of property in
2007, a third quarter 2008 net tax benefit, and the impact of charges in the
second quarter 2008 for prior years' adjustments associated with our Brazilian
Supply Chain Solutions operation. Additional information regarding non-GAAP
financial measures can be found in the Press Release, the Presentation and our
reports filed with the SEC.
The information in this Report, including Exhibits 99.1 and 99.2, is being
furnished pursuant to Item 2.02 of Form 8-K and General Instruction B.2
thereunder and shall not be deemed to be incorporated by reference in any filing
under the Securities Act of 1933 or the Securities Exchange Act of 1934, except
as expressly set forth by specific reference to such filing.
Item 9.01(d) Exhibits
The following exhibits are furnished as part of this Report on Form 8-K:
Exhibit 99.1 Press Release, dated October 22, 2008, relating to Ryder System,
Inc.'s financial results for the three and nine months ended
September 30, 2008.
Exhibit 99.2 Presentation prepared for a conference call and webcast held on
October 22, 2008, relating to Ryder System, Inc.'s financial
results for the three and nine months ended September 30, 2008.
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