Item 2.02 Results of Operations and Financial Condition
On April 22, 2009, we issued a press release reporting our financial results for
the three months ended March 31, 2009 (the "Press Release"). We also hosted a
conference call and webcast on April 22, 2009 during which we made a
presentation on our financial results for the three months ended March 31, 2009
(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 (1) comparable
net earnings and comparable earnings per share for the first quarter 2009 and
(2) comparable effective income tax rate for the first quarter 2009, 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 comparable effective tax rate, as applicable,
(1) first quarter 2009 restructuring charges and (2) first quarter 2009
international asset impairment and write-offs, all of which are not
representative of our ongoing business operations.
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 April 22, 2009, relating to Ryder System,
Inc.'s financial results for the three months ended March 31,
2009.
Exhibit 99.2 Presentation prepared for a conference call and webcast held on
April 22, 2009, relating to Ryder System, Inc.'s financial results
for the three months ended March 31, 2009.
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