U-Haul Holding Co (NYSE:UHAL.B)

$ 64.63 1.05 (1.65%) Market Cap: 12.28 Bil Enterprise Value: 17.03 Bil PE Ratio: 28.47 PB Ratio: 1.76 GF Score: 68/100

Amerco Annual Virtual Analyst And Investor Meeting Transcript

Aug 20, 2020 / 06:00PM GMT

Transcript

Edward Joseph Shoen

AMERCO - Chairman of the Board, President & CEO

Hello again. I'm Joe Shoen. Although 2020 has presented U-Haul with unique challenges, our collective experience and long-term focus will get us through this temporary COVID hurdle. In the continuum of 75 years in business, we have met tough challenges with increased service. Today, our products and services are contributing to the resiliency of the public, our small business dealers and the communities where we operate.

My parents founded U-Haul in 1945, recognizing a need that many others would soon have following the end of World War II. U-Haul trailer rental company served a basic mobility need and was founded entirely on a system of trust.

It was not an overnight success. The industry simply did not exist. The concept of rent here, leave there was yet to be formed. Born before the Great Depression and living through wartime, they tirelessly pressed forward. 4 years later, it was possible for customers to rent trailer one way from city to city throughout most of the United States and, by 1955, throughout most

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