Wabash National Corp., Lafayette, Ind., said net sales for the quarter were $255 million compared to $230 million for the same period last year.

Net income for the quarter was $18 million, compared to a loss of $(27) million for the same period last year.
For the six months ended June 30, 2004, net sales were $476 million compared to $453 million for 2003. Net income for the first six months of 2004 totaled $25 million compared to a net loss of $(26) million last year.
Sales for the three and six month periods of 2003 included $21 million and $41 million, respectively, of sales associated with certain assets of its trailer rental and leasing and wholesale aftermarket parts distribution businesses which were sold in September 2003.
Commenting on the quarter, Bill Greubel, president and Chief Executive Officer, stated, "We were successful in obtaining price increases to more than offset rapidly escalating prices for key raw materials. Results for the quarter clearly demonstrate both the capability of our manufacturing organization to leverage higher value on increased volume and the value of our technology complementing an expanding market presence throughout the industry. Manufacturing cycle time reductions and cost containment actions contributed to expanded margins. Retail distribution operations continued to improve but have yet to achieve profitability. Quote and order patterns moderated from the pace observed earlier in the year; however they remain sufficiently strong to maintain our increased production rates. Going forward we believe the industry will continue to see increased demand both from an accelerating replacement cycle and growth associated with high fleet utilization levels."