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Aristotle Capital Boston LLC lessened its holdings in Wabash National Co. (NYSE:WNC - Free Report) by 9.8% during the 4th quarter
according to its most recent filing with the Securities and Exchange Commission
The fund owned 374,538 shares of the company's stock after selling 40,539 shares during the quarter
Aristotle Capital Boston LLC owned approximately 0.86% of Wabash National worth $6,416,000 at the end of the most recent reporting period
has a twelve month low of $6.78 and a twelve month high of $24.03
The firm has a market cap of $346.75 million
The company has a debt-to-equity ratio of 2.10
a quick ratio of 1.09 and a current ratio of 1.93
The firm's fifty day moving average is $10.53 and its two-hundred day moving average is $14.79
Wabash National (NYSE:WNC - Get Free Report) last posted its earnings results on Wednesday
The company reported ($0.58) earnings per share for the quarter
missing the consensus estimate of ($0.26) by ($0.32)
Wabash National had a positive return on equity of 14.72% and a negative net margin of 14.59%
The business had revenue of $380.89 million for the quarter
compared to the consensus estimate of $414.55 million
The business's revenue was down 26.1% on a year-over-year basis
Equities research analysts anticipate that Wabash National Co
Wabash National Dividend AnnouncementThe business also recently declared a quarterly dividend
This represents a $0.32 dividend on an annualized basis and a yield of 3.90%
The ex-dividend date of this dividend was Thursday
Wabash National's payout ratio is currently -4.91%
DA Davidson lowered their price target on Wabash National from $18.00 to $14.00 and set a "neutral" rating for the company in a research note on Monday
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This story was reviewed by MarketBeat's editorial team prior to publication
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— Wabash endured another round of layoffs companywide on Wednesday in response to revenue shortfalls in the company's first-quarter earnings
In Wabash's first-quarter earnings call Wednesday
Senior Vice President and CFO Patrick Keslin said first-quarter shipments were below their earlier expectations
resulting in a revenue shortfall of about $55 million
Keslin said transportation solutions also saw an operating loss of $10 million
"Overall demand did not fill in as expected in some of our equipment businesses that experienced quick turnarounds from order to shipping
leaving us overexposed to labor costs in those areas during the quarter," Keslin said
"We have taken action to rightsize direct labor and production support costs going forward."
When asked how many employees were laid off from Wabash and from what locations around the United States
a representative for the company said they could confirm only that Wabash "is rightsizing labor to better align with demand."
The news of layoffs follows a recent round of layoffs in late March, when 85 employees were let go from the company. A spokesperson for Wabash said the company was not required to file a federal Worker Adjustment and Retraining Notification
said in the earnings call that about 95% of the company's materials are sourced domestically
Yeagy said that high percentage shields the company from potential volatility and trade barriers related to tariffs
while also allowing the company to manufacture with speed and reliability
But Yeagy said that doesn't make the company immune from the secondary effect of tariffs
"Tariffs on raw materials like steel and aluminum can create pricing pressure even from domestic suppliers
uncertainty tends to inhibit our customers' ability to deploy capital for equipment," Yeagy said
companies aren't posturing to make speculative bets in this environment
There's an increased willingness to preserve cash until we have greater clarity."
Despite what Yeagy said Wabash is hearing from its customers
there was still a bright spot to be had in the current tariff situation
"It seems clear that the current administration has a goal of revitalization of the U.S
That would be a significant structural tailwind for us because manufacturing carries an outsized impact on freight activity," Yeagy said
"More domestic production means a multiplier on freight moves
and more demand for exactly the kinds of solutions Wabash offers."
Keslin said the level of tariff-related uncertainty in the business environment has been a constraint on Wabash's customers in the short term
leading the company to update its guidance to "fully read through the impact of this heightened uncertainty on our financial outlook."
we have not seen the level of order flow we had previously anticipated," Keslin said
"and given prevailing uncertainty combined with the importance of seasonal timing to annual order flows
we believe it's prudent to adjust our outlook accordingly."
Because the first quarter resulted in a higher cost structure
Wabash believes the organization is now better situated to manage the remainder of 2025
with no anticipation for weakness seen like what was experienced in the first-quarter financial
"While 2025 is shaping up to be a more difficult year than anyone assumed during our last earnings call
and we're taking the necessary actions to reduce costs
and we structure our liquidity position to be able to withstand these experiences," Keslin said
"We've also seen what follows cycle trough
which is typically an up cycle that exceeds expectations
and we will be ready to capitalize on this once tariff uncertainty eventually clears way for freight markets to improve and
businesses to regain the necessary level of clarity to increase capital investments."
Jillian Ellison is a reporter for the Journal & Courier
She can be reached via email at jellison@gannett.com
and friends around the world to give “three cheers for Alma Mater” and its students’ accomplishments and experiences by participating in the 2025 Day of Giving on Wednesday
This year’s “Sing Thy Praises” theme celebrates 125 years of the lyrics to the school song “Old Wabash.”
The past 11 Days of Giving have raised more than $12 million to support thousands of students
The response from alumni and friends continues to boost the national recognition Wabash receives for its alumni network
“The Day of Giving is a grand celebration of philanthropy at Wabash
which is perhaps our greatest tradition,” said President Scott Feller
over the last 11 years we’ve seen that this is a day that truly unites the Wabash Nation
The breadth of the reach and impact of our small and mighty college is a blessing.”
and friends have already pledged more than $276,000 toward 58 affinity challenges to engage and inspire others to participate with gifts on 04.30.25
A group of leaders is offering a challenge of more than $625,000 to the Wabash Nation in an effort to tally 5,000 gifts
The College will host a variety of events throughout the day to inspire excitement and engagement
including lunch and activities at Chadwick Court in the College’s Allen Athletics and Recreation Center
Additional celebratory activities are planned for Goodrich Ballpark from 3:30-5 p.m
Alumni across the country will host celebrations and after-work socials
The College continues to break records on its annual Day of Giving
8,039 gifts made on the day totaled $1,719,176
The 24-hour fundraising effort raised the equivalent of $2,035 per student
a figure that outdistanced the best days of giving across peer institutions
Wabash has raised more than $1 million on its annual Day of Giving for seven consecutive years
Wabash has raised $12,057,941 from 55,549 gifts
Anyone can participate in the Day of Giving by making a gift
spreading the word through social networks with the hashtag #SingThyPraises
and enjoying the day’s excitement and success
To make a gift, visit www.wabash.edu/sing
or drop off a gift on campus to a member of the Advancement team in the Lilly Library from 8 a.m
Gifts made on the 2025 Day of Giving will be allocated to the Annual Fund unless otherwise noted in the comments section of the giving form found on the website
The company’s CEO does see some potential upside to tariffs and the push for U.S
Wabash National is facing a slowdown in activity across its business as customers delay purchasing decisions amid the uncertainty around the impact of tariffs, President and CEO Brent Yeagy said during an earnings call Wednesday.
“There's an increased willingness to preserve cash until we have greater clarity,” Yeagy said
The company’s transportation solutions segment posted a Q1 operating loss of nearly $10 million due to weaker equipment demand. Wabash shipped 6,290 trailers in Q1
“We’re running our downturn playbook on transportation solutions to take costs out where necessary to align with near term demand conditions,” Yeagy said
As a result of those headwinds, Wabash has reduced its full-year revenue outlook to $1.8 billion and decreased its earnings estimate to a loss between 85 cents to 35 cents per share. At the beginning of the year
the company anticipated roughly $2 billion in revenues in 2025 and full-year earnings of 85 cents and $1.05 per share
On the flip side, quarterly revenue grew in its parts and services segment, and Yeagy highlighted the continued expansion of Wabash’s trailers as a service initiative
In addition to the parts and services growth
Wabash sees some potential upside to tariffs as its manufacturing exposure is limited and about 95% of its materials are sourced domestically
He said that while policy may impact customers’ spending in the near term
manufacturing would be “significant structural tailwind” for freight activity
“More domestic production means a multiplier on freight moves
more trailers and more demand for exactly the kinds of solutions Wabash offers,” Yeagy added
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Volunteers fanned out across the Wabash Trace Nature Trail for cleanup and repair efforts in the wake of an EF-1 tornado that roared through parts of Fremont and Page counties April 17th
(Shenandoah) -- Volunteers are helping a popular KMAland recreational destination recover following the April 17th tornadoes
Portions of the Wabash Trace Nature Trail were impassable for two days after a one-mile stretch of the trail between Shenandoah and Imogene suffered heavy damage from the EF-1 tornado rolling through parts of Fremont and Page counties
Speaking on KMA's "Morning Line" program Friday morning
Wabash Trace Director Becca Castle Laughlin says other parts of the trace were hammered by high winds
"There was also significant damage to the north and south of that (area)," said Laughlin
"just from trees that were either broken or knocked down
just from the winds that came with the thunderstorm that affected the area
"Right in the middle of that section is the Walnut Creek Bridge
The railing for about half of the entire bridge on both sides was damaged from just the sheer force of the winds that came through that night."
Laughlin says at least one trace user had a close call that evening
"There was a walker who was actually camping in Imogene that evening," she said
"She was able to call somebody for shelter that night
she picked up her journey the next morning again
and she was able to navigate her way through a lot of it
at least to continue her hike all the way to Blanchard
the trail was closed completely for two days."
Laughlin credits a "small but mighty" volunteer crew and a skid loader with clearing debris
she says repairs continue around some rough areas of the trail
"They have the railing all up," said Laughlin
We do encourage people to use caution still
because they're still working on repairs where the integrity of the railing was compromised
There are some materials on the bridge out there
You can hear the full interview with Becca Castle Laughlin here:
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Soon-to-be Wabash College graduate Mawuli Nevis ’25 was named the 2025 Arthur Ashe Jr
Wrestling Sports Scholar of the Year by Diverse Issues in Higher Education magazine
is also a semifinalist for the Arthur Ashe Jr
making him the second Wabash student-athlete to earn national distinction from the publication in the last three years
A four-year letterwinner for the Wabash wrestling team
He qualified for the NCAA Division III Wrestling Championships in March at 165 pounds
He was named a Scholar All-American by the National Wrestling Coaches Association in each of the last three seasons
“Despite the demanding time commitments of athletics
I’ve always made it a priority to give back to those around me
Through organizations like the Global Health Initiative/Public Health Organization and my fraternity
I’ve had the opportunity to use my skills to serve both the Wabash campus and the broader community,” said Nevis
“Being named a semifinalist for this award is a true honor
not a destination.’ This recognition serves as meaningful feedback
a reminder that I’m on the right path toward becoming the kind of citizen I strive to be.”
Nevis has held multiple positions of leadership within his fraternity
a group that promotes the benefits of philanthropy among students and alumni
He helped raise funds for the American Legion Post 72's memorial park construction
and planted bushes and flowers to aid with completion of the park
he is a member of the community service committee of the Malcolm X Institute of Black Studies
which contributes largely to the organization’s community outreach
He has served for three years as a member of the LOCKR Lab research team at Wabash College
where he conducts molecular genetics research in a National Science Foundation-funded lab
Nevis is a member of the Wabash Global Health Initiative and served an internship in Summer 2024 at the McGovern Medical School in Houston
Sports Scholars have demonstrated stellar athletic ability and academic performance (3.5 cumulative GPA or higher) in addition to a commitment to community service and student leadership
The award is inspired by tennis legend Arthur Ashe Jr.'s dedication to education as well as his love for the game of tennis
Nevis is the 10th Wabash student-athlete to be named an Arthur Ashe Jr
We sat down with musicians in the Wabash community to hear their experiences working in or around the industry
they make up the ever-changing band of Wabash College
Gordon Bonham '80 Q: Tell me about yourself.I graduated from Wabash in 1980 with a double major in biology and philosophy—the perfect pair for a musician
I've been a full-time musician since the mid-80s
Q: What style of music do you play/perform
Any instrument?I play all types of blues: Chicago
I also play a bit of folk music and classic rock
but I also do projects with various musicians and regularly play solo.
Q: How did Wabash foster your love for music?I learned at Wabash that I could do anything if I put my mind to it and if I worked hard at it
Q: What song/genre would you recommend to a friend?I would recommend any of the musicians from the fine music community in Indianapolis
To listen to more of Bonham's work:https://gordonbonham.com/about/
Aaron Nicely '06Q: Tell me about yourself. While at Wabash
I earned the Hockenberry Summer Internship that set me on a long and winding career journey to where I am today: a product manager for a technology company
The Stampede String Band just released our fifth album titled "Thunder from the River." There is a song on the album called "This is Your House" that was inspired nearly 20 years ago by my time at Wabash
Any instrument?The Stampede String Band is roughly Americana
Rust & Co is more country and rock focused
Q: How did Wabash foster your love of music?I was exposed to so many new types of people and new music while at Wabash
From the Grateful Dead's psychedelic blues to Coheed and Cambria's prog-metal space opera
from classical music performances to the annual National Act
I saw and heard so much music I never would have otherwise
Q: What song/genre would you recommend to a friend?I love to recommend "Windfall" by Son Volt
I've been deeply influenced by his style of writing
https://open.spotify.com/album/7Hy0sJHlx7ebkrs503i0bs?si=ixukQnGLTRK7EAk7dgYgFQ
Deacon Green '26Q: Tell me about yourself.I'm a student majoring in history with a Classics and biology double minor
I am also a brother of Theta Delta Chi (TDX)
I started playing guitar my freshman year of high school before the Covid-19 pandemic
I've joined multiple bands including the Wabash Pep Band and Wabash Association of Musicians
I've also been lucky enough to find other individuals to form my own ska-punk band called Deacon and the Loosey Goosey Experience
Any instrument?I play popular tunes for fans in the pep band
and ska-punk in the Loosey Goosey Experience
Q: How has Wabash fostered your love of music?Wabash has provided me with a creative and supportive campus to pursue my musical hobbies
The College has allowed me to meet other talented musicians and provided opportunities for my band to play live shows for our Wabash brothers and the surrounding Crawfordsville community
I've also been able to explore more classes
Q: What song/genre would you recommend to a friend?"The Impression That I Get" by the Mighty Mighty Bosstones
Eduardo Da Mata '26Q: Tell me about yourself.My name is Eduardo
I am a student double majoring in studio art and psychology and minoring in Spanish
a lead innovation consultant through the Center for Innovation and Business Entrepreneurship
I am a multidisciplinary artist—combining music
and interactive media to explore themes like the power of absence
I'm fronting my band as we prepare to headline Motif-Fest
a music and arts festival I'm directing to celebrate original student work
I also recently returned from a semester in New York City through the New York Arts Program
where I recorded and produced my debut EP and directed a music video
I write and perform experimental indie-R&B music with a soulful and sometimes playful
I sing lead vocals and perform with a full band that includes a violin
Q: How has Wabash fostered your love of music?Wabash gave me the space and community to try things out without fear
played at student showcases and jazz ensemble concerts
built immersive installations that combine sound and visual art
and worked closely with professors and peers who support experimentation
I've also found unexpected inspiration in conversations with friends
late-night jam sessions in the Fine Arts building
Q: What song/genre would you recommend to a friend?For this question
I'll recommend a ranked list of genre-rich bodies of work that I think can expand one's interest in music into a holistic love for music
"Where The Light Is (Live at Nokia Theater 2007)" by John Mayer
To listen to more of Da Mata's work:https://open.spotify.com/artist/20dK6AUNiklopjDh3GgNE6?si=yTch2WYuSGOOlmvCX8BQfw
Nathan Klatt '01Q: Tell me about yourself. I graduated from Wabash as a history and English double major
I went into the social work/non-profit world for 6 to 7 years while slowly learning about the music industry on the side
I started a cover band in Indianapolis called My Yellow Rickshaw
The band quickly gained local popularity and was booked heavily
We mostly play around the Indianapolis metropolitan area but do travel
I am also about to begin my first foray into the content creation world with the start of a YouTube channel.
Any instrument?My band's motto is "playing your favorite hits on the wrong instruments." Being a cover band
we need to play songs that people know so we can connect with our audience and create a joyful atmosphere
While we play several of the usual songs that people have heard throughout the years
and I also play the mandolin and mandola.
Q: How did Wabash foster your love of music?I was classically trained on the violin from second grade through eighth grade
but stopped when athletics became my focus
I would hang out with fraternity brothers on the weekends
They did not play classical or bluegrass music
so I had to figure out how to take my skill set on the violin and adjust it
my Wabash years were the genesis of my current band My Yellow Rickshaw
I was having a blast hanging out with my fraternity brothers playing music
Along with developing this burgeoning love of playing all types of music
I was also figuring out how to take the violin and make it fit into those songs/styles that I had not heard a violinist typically do before
here I am 25 years later still incorporating those same skills I started developing at Wabash
Q: What song/genre would you recommend to a friend?There is no way I could point someone toward a specific genre/direction
I would tell everyone to keep their mind open and listen to new artists/genres regularly
To listen to more of Klatt's work:https://www.myyellowrickshaw.com/
Shay Atkinson '05Q: Tell me about yourself.While at Wabash
I was an art major and French and history double minor
I was involved in many different things on campus
but my most transformational experience was off-campus in New York City
I did a semester abroad through the New York Arts program
where I worked with a model photographer on 5th Ave
and with the photography department at Saturday Night Live
I went to Columbia College Chicago for grad school to learn more about performance art
I have been teaching visual art in a variety of different schools for the past 20 years—everything from K-12
I currently teach at Edison School of the Arts in Indianapolis as a visual arts teacher.
Any instrument?I have been playing music since I was about 8 years old with the piano
I played with a variety of heavy metal and hardcore bands
Our name came from a 6-way intersection on a trip 10 years ago to Chicago: George St
George Lincoln and the Lakewoods?" The last part stuck
We formed in March of 2020 at the onset of the Covid-19 pandemic
we wrote 12 songs and released our first eponymous album
but often we say it is rock 'n roll fused with psychedelia and soul
but we bring together years of experience playing in bands
My side project is called "Rae Marie," an organic blend of heavy metal and electronic music that creates an aural experience in headphones.
Q: How did Wabash foster your love of music?Wabash helped foster a love for music in roles that were practical
my band was booking venues around town and traveling to Indianapolis to play shows
Wabash connected me with like-minded music lovers through the radio station
I was pushing and pitching my bands and new genres.
To listen more to Atkinson's work:https://open.spotify.com/artist/3JZugXpjxOHxXPvUnVucz4?si=NtyazchnRDmT0U8OpTRi1g
James Szalkie '25Q: Tell me about yourself.I play in a band called Wally's Creek
Two of us are headed to graduate school after graduation
I will be attending Florida State for nuclear physics in the fall
Oliver has another semester at Wabash obtaining a degree in computer science
We're sort of three STEM guys who found a love in music on the side
Any instrument?We would describe ourselves as somewhere between folk
We take a lot of inspiration from a wide variety of groups and genres
We love blurring the lines of genre and creating an experimental space to explore old familiar sounds in new mediums.
Q: How has Wabash fostered your love for music?Creating
People could receive it differently from how you intend
we knew that we would find a supportive audience that cared about our stories
Events like Ralph's Brother encouraged us to take risks
and we are thankful for the community here that cares about the things we share.
Q: What song/genre would you recommend to a friend? I would recommend anything that tells a story
We are big believers in being storytellers
Some examples of records that come to mind are "Good Kid
To listen to more of Szalkie's work: https://open.spotify.com/artist/3LK6iGHSJKYNALGqEVdDfD?si=8EX46oaWSZyuMq5-bTPMcw
Gary Reamy '77Q: Tell me about yourself. I graduated from Wabash with a biology degree
I remained in financial services until 2012
I started SNG Music in Nashville with a Grammy certificate-winning songwriter
We currently have six #1s in country and bluegrass music and a catalog of 2,600 songs
we formed SNG Music Theatrical and started working on a country music musical for Broadway
out-of-town tryout run at Bucks County Playhouse in New Hope
Over 7,000 people attended the show.
I am less into songwriting now that I'm producing the musical
owns SNG Music and SNG Music Theatrical with me
and we are the lead producers for the musical
We are also the music publisher for all the songs in the musical
Q: How did Wabash foster your love for music?I had guitars as a kid growing up but got away from it
I was also in a few of the musical productions at Wabash
Q: What song/genre would you recommend to a friend?I am a bit biased… country.
To listen to more of Reamy's work:https://open.spotify.com/artist/2wAm1IQjoYzbx5Obmv236F?si=R1YArw8UTsy2GEk-6Sw9nQ
Eric Stark '88Q: Tell me about yourself. I've been a professor of music at Butler University in Indianapolis since the fall of 1996
I also became the artistic director of the Indianapolis Symphonic Choir
a group of 140+ singers that performs with the Indianapolis Symphony Orchestra
My life in music is a constant joy. Q: What style of music do you play/perform
I work with choruses—orchestras and soloists—rehearsing and performing some of the great works of the ages such as Beethoven's "Symphony No
9 Ode to Joy," Handel's "Messiah," and Orff's "Carmina Burana." At times
and it's an enormous honor to get to work with each of them
Q: How did Wabash foster your love for music?I already loved music before coming to Wabash
but it was there that my path toward a life in music was revealed to me
Singing in the Glee Club and sometimes accompanying them from the piano opened my eyes to the world of vocal music and choral performance
when I had the chance to conduct the group
I'll always be grateful to Glee Club Director and Music Professor Stan Malinowski for his guidance and support in those early years
Q: What song/genre would you recommend to a friend? I would recommend the a cappella choral songs of Johannes Brahms
and his harmonic inventiveness always leaves me wanting more
To listen to more of Stark's work: https://www.youtube.com/watch?si=UIELIvWsPoIqo9z1&v=XSpcUyRxwSY&feature=youtu.be
As Wabash College looks to a third century of excellence
the addition of a new community center will provide spaces and opportunities for people to come together for food
while welcoming local Crawfordsville and Montgomery County organizations and nonprofits year-round
The center will bustle with activity and create “human friction” when students catch-up with friends and meet new people
Having local community groups interact with our students all the time will enhance quality of life
Using the center and adjacent campus spaces will strengthen the local non-profit ecosystem
which in turn will transform lives at Wabash and in the local community
The red brick structure will easily blend in to the existing campus
yet will showcase a new energy for all to study and engage
and multiple dining options will bring together the campus and community around great food
The second floor draws on the buzz and extends the building’s reach
thanks to flexible spaces that will enhance both the student experience and signature Wabash and community events
A grand room can be used for small-group study
and expand to host 250 people for banquet-style events
The center offers spots for students to blow off steam and recharge
and places for alumni and parents to gather and reconnect with old friends or new community acquaintances at Wally’s Pub or while shooting pool and catching the game
Wabash continues to secure funding for the community center and invites philanthropic support from alumni, friends, and interested community members. Several naming opportunities are available to recognize generous gift commitments to the project of $25,000 or more. Contact a member of the Advancement team at 877-743-4545 or at advancement@wabash.edu for additional information
Contact Advancement
With the generous support of alumni and friends
along with a College and Community Collaboration (CCC) initiative grant provided by Lilly Endowment Inc.
the 56,000-square-foot showpiece features three levels of activity that will include a new dining hall
The 56,000-square-foot building will be located in the heart of campus and will serve as a community gathering space
In addition to partially funding the community center
the historic grant will help nonprofits gain access to the College’s resources
purposefully strengthen ties with the Latino community
and fund early childhood education in Montgomery County
among other efforts to enhance community collaboration
Groundbreaking for the new community center is scheduled for Saturday
College leadership and construction partner F.A
Wilhelm estimate that the project will take about 24 months to complete
Wabash men in the Class of 2027 and beyond will enjoy the new community center experience
Construction on campus is always disruptive
but we will work to minimize noise and will take care to schedule major activities when students are not in class
The College has opened a temporary dining and kitchen facility to serve the campus and catering needs during community center construction
the temporary kitchen and dining facilities—known as “Grub Hollow”—are open and in use near the Collett Tennis Center
continues to provide daily meals and catering needs for other campus and community events
The Wabash College Bookstore has been relocated to the Allen Athletics and Recreation Center near Knowling Fieldhouse. The Bookstore maintains regular business hours Monday-Friday from 9:00 a.m. to 4:00 p.m. and special hours on gamedays and during campus events. Wabash fans can also purchase items online at bookstore.wabash.edu
Store will be located on the main floor of the community center and will offer Wabash gear
There will be a variety of spaces for students to study
From the Living Room to a traditional Games Room
and from Wally’s Restaurant and Pub to a multi-function event space
and community members will find a place to gather where they feel welcome and at home
We anticipate that the community center will host signature Wabash events and activities such as reunions
With a strong belief in the classical liberal arts concept of a sound mind and a sound body
the new community center will provide an innovative approach to food preparation and presentation
There will be a variety of food options in the custom designed servery area with daily featured meals prepared in real-time for students and guests at the Chef’s Table
Menus and food preparation will be designed to accommodate dietary preferences
guests will find different seating options to enjoy dining with small or large groups in the central dining hall
the new community center will boast exterior patios that wrap around the east
and west ends of the building and will be suitable for outdoor dining
While exact dining plans for the community center have yet to be determined
the College anticipates that a wide audience of students
and community members will be able to enjoy a meal in the central dining hall or Wally’s Restaurant and Pub
Independent men and students with meal plans will dine in the community center
while others will have the option of purchasing individual meals
Everyone will have the option to have breakfast or weekend brunch at the new community center
members of fraternities will continue to dine in their chapter houses
The community center will welcome local Crawfordsville and Montgomery County organizations and nonprofits to use the spaces year-round
Our hope is that organizations turn to Wabash to develop deeper partnerships with our students
Through access to the center and adjacent campus spaces
Wabash will help strengthen local connections and collaborations
We imagine hosting events such as a Nonprofit Learning Series; regular board trainings
and fundraisers for nonprofits; community fairs and gatherings; and for special events and activities that will strengthen relationships across Montgomery County
There simply is no place in the county that can serve over 200 people with on-site catering
The second-floor event space can be divided into smaller rooms to accommodate groups of all sizes
The full event space will accommodate up to 250 guests for catered meals complete with built-in technology and multimedia features
Adjacent Chadwick Court and Knowling Fieldhouse in the Allen Athletics and Recreation Center will continue to accommodate events of more than 250 people
and adjacencies to central campus buildings will allow the community center to help Wabash fulfill its liberal arts mission in a residential community well into its third century
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Game Recap: Baseball | 4/26/2025 6:27:00 PM
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A half-billion dollar trailer accident judgment against Wabash continues to skew the company’s quarterly earnings reports—and for the better in Q1
While Wabash net sales for the first quarter of 2025 were $380.9 million, a 26.1% decrease compared to the same quarter last year, the company generated consolidated gross profit of $19 million. Operating profit amounted to $314.6 million as the company recognized a $342 million gain in connection with the reduction of the 2024 legal verdict. Without the adjustment
operating loss was $27.4 million for the quarter
"While the reduction in this verdict was a positive development in our efforts to bring this matter to a more reasonable conclusion
highlighted by our recent filing of notice of appeal,” said Brent Yeagy
non-GAAP adjusted EPS came in below our expectations amid a general weakening in market conditions
“We have since reduced direct labor to align cost with market conditions
While tariff-related uncertainty has caused customers to delay equipment investment decisions
it's important to highlight the growth in our Parts & Services segment
which we see as an important longer-term source of stability for our portfolio."
total Company backlog stood at approximately $1.2 billion
a sequential increase of 5% from year-end 2024 and a decrease of 32% compared to the first quarter of 2024 as new order activity remained modest
the company reduced its revenue outlook to roughly $1.8 billion
compared to $1.95 billion in 2024 and $2.54 billion in 2023
Transportation Solutions generated net sales of $346.8 million
a decrease of 26.3% compared to the same quarter of the previous year
Operating loss for the quarter amounted to $9.8 million
Parts & Services' net sales for the first quarter were $52 million
an increase of 5.5% compared to the prior year quarter
Operating income for the quarter amounted to $6.9 million
compared to 8,500 trailers for the period last year
Truck body shipments for the quarter were 3,000
“Wabash's manufacturing footprint and our supply base are both heavily levered to the United States positioning us to avoid direct impact from tariffs
second order tariff effects have been meaningful in the short-term as customers have reduced capital expenditure plans until their own customers' have greater clarity," Yeagy said
"As a result of the weaker than anticipated first quarter and softer outlook
we believe it's important for the medium term to point out that demand in 2025 is currently projected to undercut replacement levels
resulting in an aging of the fleet which will require catch-up in coming years
we believe the administration's activities to leverage a revitalization of U.S
manufacturing could be meaningfully positive for trucking and specifically trailer demand."
See the May print edition of Trailer/Body Builders for additional coverage of the Wabash Q1 report
— A recent round of permanent layoffs at Wabash in Lafayette were not large enough in number to require notification to employees before their termination
In a letter presented to Wabash employees on Tuesday
the company said after a review of the state of business
resulting in a permanent layoff of 85 employees
but it was a necessary step in order to guarantee the continued success of the company," the letter said
"We expect that this reduction in force will give us the staffing we need to make the site successful in today's economic environment."
A spokesperson for Wabash said in an email Monday that the company was not required to file a federal Worker Adjustment and Retraining Notification
"The WARN act only applies in certain specific situations," the spokesperson said
"The number of employees separated at these facilities was not sufficient to trigger the WARN Act."
their families and communities by requiring employers to provide notification 60 calendar days in advance of plant closings or mass layoffs
In February, Arconic filed a WARN notice that it would lay off up to 163 employees after the closure of the Lafayette plant's Tube Mill
A spokesperson for Wabash said the 85 employees laid off during Tuesday's cut held positions from across all of the Lafayette facilities
This episode features Lacrosse attackman and team captain Quinn Fitzgerald ’26
discussing the particular skills needed to serve in his position on the field
and leaving a legacy for future Little Giant Lacrosse players (Episode 382)
Wabash reported challenging first quarter 2025 results with quarterly revenue of $381 million
falling below expectations due to weaker Transportation Solutions demand
The company posted GAAP operating income of $315 million
including a $342 million gain from a reduced legal verdict
Non-GAAP adjusted operating loss was $27.4 million
Market challenges include tariff-related uncertainty causing delayed equipment investments
The company has right-sized direct labor costs and notes that 2025's demand is projected below replacement levels
suggesting potential future fleet catch-up requirements
Wabash ha riportato risultati difficili nel primo trimestre del 2025
con ricavi trimestrali di 381 milioni di dollari
inferiori alle aspettative a causa di una domanda più debole per le soluzioni di trasporto
L'azienda ha registrato un utile operativo GAAP di 315 milioni di dollari
comprensivo di un guadagno di 342 milioni di dollari derivante da una riduzione di una sentenza legale
la perdita operativa rettificata Non-GAAP è stata di 27,4 milioni di dollari
Le sfide di mercato includono l'incertezza legata ai dazi che ha causato ritardi negli investimenti in attrezzature
L'azienda ha adeguato i costi del lavoro diretto e segnala che la domanda per il 2025 è prevista al di sotto dei livelli di sostituzione
suggerendo possibili esigenze di recupero della flotta in futuro
Wabash reportó resultados desafiantes en el primer trimestre de 2025
con ingresos trimestrales de 381 millones de dólares
por debajo de las expectativas debido a una menor demanda en Soluciones de Transporte
La compañía registró un ingreso operativo GAAP de 315 millones de dólares
que incluye una ganancia de 342 millones de dólares por una reducción en un veredicto legal
la pérdida operativa ajustada Non-GAAP fue de 27,4 millones de dólares
Los desafíos del mercado incluyen la incertidumbre relacionada con aranceles que ha retrasado las inversiones en equipos
La empresa ha ajustado los costos laborales directos y señala que la demanda para 2025 se proyecta por debajo de los niveles de reemplazo
lo que sugiere posibles necesidades de recuperación de flota en el futuro
분기 매출은 3억 8,100만 달러로 운송 솔루션 수요 감소로 기대에 미치지 못했습니다
여기에는 법적 판결 축소로 인한 3억 4,200만 달러의 이익이 포함되어 있습니다
이 이익을 제외하면 Non-GAAP 조정 영업손실은 2,740만 달러였습니다
2025년 수요가 교체 수준 이하로 예상되어 향후 함대 보충 수요가 있을 수 있음을 시사합니다
Wabash a annoncé des résultats difficiles pour le premier trimestre 2025
avec un chiffre d'affaires trimestriel de 381 millions de dollars
inférieur aux attentes en raison d'une demande plus faible pour les solutions de transport
La société a enregistré un résultat opérationnel GAAP de 315 millions de dollars
incluant un gain de 342 millions de dollars provenant d'un verdict juridique réduit
la perte opérationnelle ajustée Non-GAAP s'est élevée à 27,4 millions de dollars
Les défis du marché incluent une incertitude liée aux tarifs douaniers
entraînant des retards dans les investissements en équipements
L'entreprise a ajusté ses coûts de main-d'œuvre directe et note que la demande prévue pour 2025 est inférieure aux niveaux de remplacement
suggérant de potentiels besoins de rattrapage de flotte à l'avenir
Wabash meldete herausfordernde Ergebnisse für das erste Quartal 2025 mit einem Quartalsumsatz von 381 Millionen US-Dollar
der aufgrund einer schwächeren Nachfrage im Bereich Transportation Solutions unter den Erwartungen lag
Das Unternehmen erzielte einen GAAP-Betriebsgewinn von 315 Millionen US-Dollar
einschließlich eines Gewinns von 342 Millionen US-Dollar aus einer reduzierten Rechtsentscheidung
Ohne diesen Gewinn betrug der Non-GAAP-bereinigte Betriebsverlust 27,4 Millionen US-Dollar
Marktherausforderungen umfassen durch Zölle bedingte Unsicherheiten
die zu verzögerten Investitionen in Ausrüstung führen
Das Unternehmen hat die direkten Arbeitskosten angepasst und weist darauf hin
dass die Nachfrage für 2025 unter dem Ersatzniveau prognostiziert wird
was auf einen möglichen zukünftigen Aufholbedarf bei der Flotte hindeutet
Wabash reported significant Q1 losses with reduced guidance
despite a one-time legal gain artificially boosting GAAP results
Wabash's Q1 2025 results reveal substantial operational challenges beneath a misleading headline
While GAAP figures show $315 million operating income ($5.36 EPS)
these numbers are artificially inflated by a $342 million one-time legal gain
The core business performance is concerning—Non-GAAP adjusted operating loss of $27.4 million (-7.2% margin) and adjusted EPS of -$0.58
Revenue of $380.9 million fell 26.1% year-over-year and missed the company's own prior outlook range
declined 26.3% to $346.8 million with an operating loss of $9.8 million
Only the smaller Parts & Services unit showed growth
up 5.5% to $52 million with 13.3% operating margin
Management has reduced full-year guidance to $1.8 billion in revenue with Non-GAAP adjusted EPS between -$0.85 and -$0.35
Total backlog of $1.2 billion reveals mixed signals—up 5% sequentially but down 32% year-over-year—indicating continued order weakness
The company has taken steps to address inflated labor costs but cites tariff-related uncertainty as a significant headwind causing customers to delay equipment investments
This resulted in sharp volume declines with trailer shipments falling to 6,290 units (from 8,500) and truck bodies to 3,000 (from 3,690)
Wabash's results reflect severe transportation equipment market contraction
with 2025 demand below fleet replacement levels
The Q1 results highlight a deepening cyclical downturn in the transportation equipment sector
Trailer shipments plummeted 26% to 6,290 units while truck body deliveries dropped 18.7% to 3,000 units year-over-year
This production decline speaks to deeper structural issues beyond normal market fluctuations
Most significant is management's assessment that 2025 demand will undercut fleet replacement levels
forcing transportation operators to extend equipment lifecycles
This creates a classic replacement cycle dynamic—today's deferred purchases accumulate into future demand that will eventually require addressing
potentially creating stronger recovery dynamics when market conditions improve
The divergence between equipment segments reveals typical recessionary transportation market behavior: new equipment purchases (Transportation Solutions) face steep declines while aftermarket services show resilience (5.5% growth in Parts & Services)
operators prioritize maintaining existing assets rather than capital-intensive fleet expansion
Tariff uncertainty creates a particularly challenging environment
Despite Wabash's primarily US-based manufacturing footprint
second-order effects are materializing as customers delay capital expenditures until they understand implications for their own customer base
This uncertainty loop creates a demand vacuum that appears to be worsening despite the company's limited direct tariff exposure
The 32% year-over-year backlog reduction to $1.2 billion confirms persistent hesitancy among fleet operators
though the modest 5% sequential improvement offers a potential early stabilization signal
The market faces significant hurdles before recovery
but fleet aging dynamics indicate this contraction is creating future replacement demand
2025 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC)
a leader in end-to-end supply chain solutions for the transportation
today reported results for the quarter ended March 31
The Company's net sales for the first quarter of 2025 were $380.9 million
reflecting a 26.1% decrease compared to the same quarter of the previous year
The Company generated consolidated gross profit of $19.0 million
GAAP operating profit amounted to $314.6 million as the company recognized a $342 million gain in connection with the reduction of a legal verdict
Non-GAAP adjusted operating loss was $27.4 million for the quarter
First quarter GAAP diluted earnings per share was $5.36 or $(0.58) on a Non-GAAP adjusted basis
primarily as a result of recognizing a $342 million gain in connection with the reduction of a legal verdict," said Brent Yeagy
highlighted by our recent filing of notice of appeal
non-GAAP adjusted EPS was $(0.58) during the first quarter as revenue came in below our expectations amid a general weakening in market conditions
We have since reduced direct labor to align cost with market conditions
the Company reduced its revenue outlook to roughly $1.8 billion and reduced its Non-GAAP adjusted EPS guidance to a range of $(0.85) to $(0.35)
“Wabash's manufacturing footprint and our supply base are both heavily levered to the United States positioning us to avoid direct impact from tariffs
second order tariff effects have been meaningful in the short-term as customers have reduced capital expenditure plans until their own customers' have greater clarity," explained Yeagy
The table below is a summary of select segment operating and financial results prior to the elimination of intersegment sales for the first quarter of 2025 and 2024
A complete disclosure of the results by individual segment is included in the tables following this release
100%; border-collapse:collapse ;"> Wabash National Corporation Three Months Ended March 31
dollars in thousands)Net sales $346,803 $470,428 $51,955 $49,234 Gross profit $8,414 $63,112 $10,589 $13,334 Gross profit margin 2.4% 13.4% 20.4% 27.1%(Loss) income from operations $(9,798) $44,255 $6,910 $10,520 (Loss) income from operations margin (2.8)% 9.4% 13.3% 21.4% During the first quarter
Parts & Services' net sales for the first quarter were $52.0 million
In addition to disclosing financial results calculated in accordance with United States generally accepted accounting principles (GAAP)
the financial information included in this release contains non-GAAP financial measures
including adjusted operating (loss) income
adjusted net (loss) income attributable to common stockholders
adjusted diluted (loss) earnings per share
These non-GAAP measures should not be considered a substitute for
financial measures and results calculated in accordance with GAAP
and reconciliations to GAAP financial statements should be carefully evaluated
gains or income that are included in the determination of operating income under U.S
but that management would not consider important in evaluating the quality of the Company’s operating results as they are not indicative of the Company’s core operating results or may obscure trends useful in evaluating the Company’s continuing activities
the Company presents adjusted operating (loss) income excluding these special items to help investors evaluate our operating performance and trends in our business consistent with how management evaluates such performance and trends
the Company presents adjusted operating (loss) income to provide investors with a better understanding of the Company’s view of our results as compared to prior periods
A reconciliation of adjusted operating (loss) income to operating income
the most comparable GAAP financial measure
is included in the tables following this release
Adjusted EBITDA includes noncontrolling interest & excludes loss from unconsolidated entity and is defined as earnings before interest
and other non-operating income and expense
Management believes providing adjusted EBITDA is useful for investors to understand the Company’s performance and results of operations period to period with the exclusion of the items identified above
Management believes the presentation of adjusted EBITDA
when combined with the GAAP presentations of operating income and net income
is beneficial to an investor’s understanding of the Company’s operating performance
A reconciliation of adjusted EBITDA to net income
Adjusted net (loss) income attributable to common stockholders and adjusted diluted (loss) earnings per share reflect an adjustment for the Missouri legal matter and the related tax effect of that adjustment
Management believes providing adjusted measures and excluding certain items facilitates comparisons to the Company’s prior year periods and
when combined with the GAAP presentation of net income and diluted net income per share
is beneficial to an investor’s understanding of the Company’s performance
A reconciliation of adjusted net (loss) income attributable to common stockholders and adjusted diluted (loss) earnings per share to net income attributable to common stockholders and diluted earnings per share
the most comparable GAAP financial measures
are included in the tables following this release
Free cash flow is defined as net cash used in operating activities minus cash payments for capital expenditures minus expenditures for revenue generating assets
Management believes providing free cash flow is useful for investors to understand the Company’s performance and results of cash generation period to period with the exclusion of the item identified above
Management believes the presentation of free cash flow
when combined with the GAAP presentations of cash used in operating activities
A reconciliation of free cash flow to cash used in operating activities
includes noncontrolling interest & excludes loss from unconsolidated entity and is calculated by adding back segment depreciation and amortization expense to segment operating income
gains or income that are included in the determination of operating income under GAAP
but that management would not consider important in evaluating the quality of the Company’s segment operating results as they are not indicative of each segment's core operating results or may obscure trends useful in evaluating the segment's continuing activities
Adjusted segment EBITDA Margin is calculated by dividing Adjusted segment EBITDA by segment total net sales
A reconciliation of adjusted segment EBITDA to income from operations
Information reconciling any forward-looking Adjusted Operating Income
Adjusted Segment EBITDA and Adjusted Segment EBITDA Margin to GAAP financial measures is unavailable to us without unreasonable effort
We cannot provide reconciliations of the above noted forward looking non-GAAP measures to GAAP financial measures because certain items required for such reconciliations are outside of our control and/or cannot be reasonably predicted
Preparation of such reconciliations would require a forward-looking balance sheet
statement of income and statement of cash flows
and such forward-looking financial statements are unavailable to us without unreasonable effort
Wabash will discuss its results during its quarterly investor conference call on Wednesday
The call and an accompanying slide presentation will be accessible on the "Investors" section of the Company’s website at www.onewabash.com
The conference call will also be accessible by dialing (800) 715-9871
A replay of the call will be available on the site shortly after the conclusion of the presentation
Wabash (NYSE: WNC) is the visionary leader of connected solutions for the transportation
logistics and distribution industries that is Changing How the World Reaches You®
the company enables customers to thrive by providing insight into tomorrow and delivering pragmatic solutions today to move everything from first to final mile
including: dry freight and refrigerated trailers
and specialty food grade processing equipment
This press release contains certain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995
Forward-looking statements convey the Company’s current expectations or forecasts of future events
All statements contained in this press release other than statements of historical fact are forward-looking statements
all statements regarding the Company’s outlook for trailer and truck body shipments
expectations regarding demand levels for trailers
non-trailer equipment and our other diversified product offerings
opportunity to capture higher margin sales
our expectations for improved financial performance during the course of the year and our expectations with regards to capital allocation
These and the Company’s other forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements
these risks and uncertainties include the risks related to the Missouri product liability action and the unfavorable jury verdict
the highly cyclical nature of our business
uncertain economic conditions including the possibility that customer demand may not meet our expectations
our backlog may not reflect future sales of our products
reliance on certain customers and corporate partnerships
shortages and costs of raw materials including the impact of tariffs or other international trade developments
risks in implementing and sustaining improvements in the Company’s manufacturing operations and cost containment
customer acceptance of and reactions to pricing changes
and our ability to execute on our long-term strategic plan
Readers should review and consider the various disclosures made by the Company in this press release and in the Company’s reports to its stockholders and periodic reports on Forms 10-K and 10-Q
net 278,648 258,825 Prepaid expenses and other 126,191 76,233 Total current assets 657,568 594,488 Property
net 335,501 339,247 Goodwill 196,662 188,441 Deferred income taxes 8,411 94,873 Intangible assets
42,147,995 and 42,882,308 shares outstanding
respectively 786 781 Additional paid-in capital 692,471 689,216 Retained earnings 333,109 105,633 Accumulated other comprehensive losses (2,450) (3,229)Treasury stock at cost
respectively (620,075) (603,571)Total Wabash National Corporation stockholders' equity 403,841 188,830 Total liabilities
100%; border-collapse:collapse ;">WABASH NATIONAL CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(Unaudited - dollars in thousands
net (31) — Income from operations 314,551 29,575 Other income (expense): Interest expense (5,026) (4,988)Other
plant and equipment 33 — Deferred income taxes 86,461 (3,574)Stock-based compensation 3,249 3,246 Non-cash interest expense 246 237 Loss from unconsolidated entity 1,842 1,486 Changes in operating assets and liabilities Accounts receivable (27,747) (64,690)Inventories (19,823) (10,916)Prepaid expenses and other (15,573) 772 Accounts payable and accrued liabilities 73,227 22,203 Other
net (348,415) 2,803 Net cash used in operating activities (272) (17,410)Cash flows from investing activities Cash payments for capital expenditures (8,698) (19,185)Expenditures for revenue generating assets (20,144) — Proceeds from the sale of assets 40 — Acquisition
100%; border-collapse:collapse ;">WABASH NATIONAL CORPORATIONSEGMENTS AND RELATED INFORMATION(Unaudited - dollars in thousands) Wabash National Corporation Three Months Ended March 31
2025 2024 Units Shipped New trailers 6,290 8,500 New truck bodies 3,000 3,690 Used trailers 36 15 Three Months Ended March 31
parts and service — 31,502 — 31,502 Equipment and other 95,758 18,953 (198) 114,513 Total net external sales $346,803 $51,955 $(17,868) $380,890 Gross profit $8,414 $10,589 $— $19,003 (Loss) income from operations $(9,798) $6,910 $317,439 $314,551 Adjusted (loss) income from operations1 $(9,798) $6,910 $(24,561) $(27,449) 2024 New Trailers $366,158 $— $(820) $365,338 Used Trailers — 1,344 — 1,344 Components
parts and service — 35,630 — 35,630 Equipment and other 104,270 12,260 (3,566) 112,964 Total net external sales $470,428 $49,234 $(4,386) $515,276 Gross profit $63,112 $13,334 $— $76,446 Income (loss) from operations $44,255 $10,520 $(25,200) $29,575 Adjusted income (loss) from operations1 $44,255 $10,520 $(25,200) $29,575 1 Adjusted operating (loss) income
gains or income that are included in the determination of operating income (loss) under U.S
100%; border-collapse:collapse ;">WABASH NATIONAL CORPORATIONRECONCILIATION OF GAAP FINANCIAL MEASURES TONON-GAAP FINANCIAL MEASURES(Unaudited - dollars in thousands
net (1,614) (1,609)Loss from unconsolidated entity 1,842 1,486 Adjusted EBITDA$(9,199) $45,557
2 Adjusted net (loss) income attributable to common stockholders and adjusted diluted (loss) earnings per share reflect an adjustment for the Missouri legal matter and the related tax effect of that adjustment
Adjusted segment EBITDA margin is calculated by dividing Adjusted segment EBITDA by segment total net sales
Communications(765) 771-5766dana.stelsel@onewabash.com
Corporate Development & IR(765) 490-5664ryan.reed@onewabash.com
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who served his alma mater as Dean of Students and Director of Athletics from 1997 through 2011
Tom’s care for students and his approach to student life shaped my understanding ofthe special role that the Dean of Students plays at Wabash,” said President Scott Feller
gentle way that he shared his philosophy of student development with me – from my earliest days as a faculty member right up to a long conversation the two of us shared this past fall on building a campus culture of personal responsibility.”
Owen Huntsman’s track and field team when he was an undergraduate at Wabash
He was an English major and member of Sigma Chi
After teaching and coaching at Southmoreland High School in Western Pennsylvania
Bambrey earned his master’s degree and Ph.D
in English Literature from the University of Denver
He taught English lit and was an administrator at DU from 1976 through 1992
and from 1989 through 1992 he was Dean of Student Life and Director of the Honors Program
He left DU in 1993 to become Dean of Student Life and Co-Curricular Education at St. Lawrence University in New York, where he worked until Wabash President Andy Ford convinced him to return home as Dean of Students in 1997
Bambrey served as an even-handed Dean and educator for 11 years and helped oversee the construction and renovation of most fraternity chapter houses and a massive investment in the College’s athletic facilities
his responsibilities included residence life
He hired Mike Raters ’85 as Associate Dean
and together they ushered in an era of “fun” in working with students
most head coaches in athletics had secondary responsibilities in another sport
he professionalized and expanded the athletics program
He was integral in the hiring of some of the most successful coaches in Wabash history
including Chris Creighton and Erik Raeburn in football
Those coaches helped Wabash become a regular in the NCAA football playoffs
a perennial conference track and field champion
and never-before achieved levels of individual national championship success
He also oversaw construction of state-of-the-art baseball and soccer stadiums with Goodrich Ballpark and Fischer Field
He stepped down as Dean of Students in 2008 and President Patrick White appointed him Director of Athletics
the department experienced unprecedented levels of success in all sports
he was particularly proud of national champion distance runners Kevin McCarthy and Jake Waterman
“Much of the credit for the current success of our athletics program
can be traced to the staff Tom hired as dean of students and his subsequent leadership of that staff as athletics director,” Mike Raters said at Bambrey’s retirement in 2011.
and he has taught all of us what it means to be Wabash… Tom has been to me a most valuable coach and teacher of Wabash
and I will always be grateful for his guidance and friendship.”
Friends can send notes of sympathy to Roselie Bambrey at 3 Bridge Hampton Drive
Match Recap: Tennis | 4/16/2025 9:15:00 PM
Indiana – An 8-6 tiebreaker in the second set of number three singles provided the deciding point in Wednesday evening's North Coast Athletic Conference men's tennis match between Wabash and DePauw
The Little Giants lost to the visiting Tigers 4-3 in the competition held at Crawfordsville High School
Wabash (11-8, 2-3 NCAC) rallied from a 3-0 deficit after DePauw (12-7, 3-2 NCAC) claimed victories with a three-game sweep in doubles and wins at number one and five singles. Rafael Rin scored a three-set win in the second singles flight with scores of 4-6, 6-2, 6-2. Tharakesh Ashokar provided a second team point with a 6-1
Murilo Guarniari and DePauw's Samuele Pia played at number three singles
The two played to a 6-6 score in the second set to force a tiebreaker
losing 8-6 in the breaker to give the Tigers the clinching team point
Vittorio Bona picked up a third point for Wabash with a 6-7 (6-8)
Wabash travels to Ohio Wesleyan University for a Friday evening match before closing out the home portion of the schedule Saturday against Wittenberg University at 2 p.m
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chief of staff; Purdue Provost Patrick Wolfe; Chris Ruhl
chief financial officer and treasurer; David Reingold
senior vice president for policy planning and the Justin S
Morrill Dean of Liberal Arts; Michael Cline
senior vice president for Administrative Operations; Purdue President Mung Chiang; Julie Dussliere
president and chief executive officer of the Purdue for Life Foundation; Steve Schultz
senior vice president and general counsel; Karen Plaut
executive vice president for research; Julie Rosa
vice president for communications; Kelly Hiller
vice president for marketing; and Teresa Cadwallader
senior executive assistant to the president
Purdue President Mung Chiang received the Sagamore of the Wabash, the highest honor bestowed by the Indiana governor
in recognition of his “transformational leadership at Purdue University.” Then-Gov
Purdue has continued to pioneer advancements in research
truly living up to the university’s motto of education
research and service.” The award was presented in person Wednesday (Jan
commissioner for Indiana’s Commission for Higher Education
“When a member of a team receives a significant recognition such as Sagamore of the Wabash
the team as a whole is the one being recognized,” Chiang said
And I am deeply honored to receive this tremendous award on behalf of the leadership team at Purdue University.”
resources via ‘Company Documents’ in SuccessFactors
Fidelity offer financial well-being ‘Summer School’ classes beginning Tuesday
Verbal de-escalation training available online in May
Game Recap: Lacrosse | 4/15/2025 10:00:00 PM
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Wabash College President Scott Feller has announced a $14.7 million gift that will continue the work of the Stephenson Institute for Classical Liberalism
including Christopher '87 and Jamie Stephenson and Shawn '98 and Morgan Stephenson
will build on an already robust and successful record of programming that produces scholarship and coordinates educational and research programming in the intellectual tradition of classical liberalism
Launched with a $10.6 million gift from the Stephenson family in October 2021
the Institute has become a strong presence on Wabash’s campus through public presentations
and summer programming for college students to study critical ideas at the intersection of the liberal arts and classical liberalism
“As one of the premier private colleges in the United States
Wabash is a vibrant institution deeply committed to providing a classical liberal arts education to the young men of our nation,” said President Feller
“While we are fast approaching our 200th anniversary
Wabash is also an innovative and dynamic place—preparing our graduates to meet the needs of a pluralistic society
The Stephenson Institute helps us do exactly that.”
has embraced the classical liberal tradition with a focus on individual liberty and a free society
investigating enduring questions such as: What are the political
and social conditions necessary for individual liberty to thrive
What are the pressing threats and obstacles to human freedom and flourishing in the fast-changing modern world
How can freedom and prosperity be better promoted and protected now and into the future?
“The Stephenson Institute complements and builds on Wabash’s strong foundational legacy and role within the American classical liberal tradition,” said Dr
“We have fast solidified the Institute and Wabash as a major opportunity hub for classical liberal intellectual pursuits at the undergraduate level
The Stephensons’ extraordinary generosity will help the Institute be recognized as the premier undergraduate-focused institute of its kind in the nation
Goals for the new funding include continuing to strengthen
and expand existing student-focused programs including campus guest lectures
The Institute also supports faculty positions and professional development
and Professor Scott Himsel have been named Stephenson Fellows
D’Amico and his staff also produce original scholarship and a broad-based
Wabash students travel the world to conduct research and study the principles of classical liberalism with Stephenson Institute funding
Lucas Carpenter ’26 studied in Vienna at the Austrian Economics Center in Vienna and played a key role in the Center’s research agenda
“Having the chance to do research directly for the Vice Chancellor of the Austrian Central Bank was not a task I expected but is one that I will forever be grateful for,” he said
“We aspire for Wabash and the Stephenson Institute to be viewed as among the most serious and vibrant opportunities for undergraduate men to study freedom
and for freshly minted Ph.D.s to start their careers by pursuing research and teaching here at Wabash,” added Dr
Grounded in a nearly two-century tenure of liberal-arts higher education in Indiana, Wabash’s Stephenson Institute draws on a long tradition of classical-liberal teaching
was a passionate advocate for thinkers and writers who best exemplified the idea of liberty
Goodrich also went on to found Indiana’s Liberty Fund
which “encourages the study of the ideal of a society of free and responsible individuals.” Ben Rogge
Professor of Economics and Dean of the College at Wabash
was a highly regarded scholar of classical liberalism who wrote and spoke broadly on the classical liberal tradition during his 31-year teaching career from 1949 through 1980
The Stephenson Institute is housed in a beautifully renovated home directly across from the main entrance to the Wabash campus
Game Recap: Baseball | 4/16/2025 8:52:00 PM
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Gage Businger feels that his Wabash College journey has been transformational
What started as a chance to play football turned into an experience that sharpened his skills
Businger arrived at Wabash in August of 2021 as a student-athlete
hoping to make an impact as a defensive back
he realized that football wasn’t in his future and tried to figure out who he was outside of the game
“It was difficult because that’s all I had known — being a student-athlete,” recalled the rhetoric major and business minor
I had to attain a different identity.”
That shift allowed him to focus on academics in a way he had never done before
Businger found himself captivated by the study of communication and persuasion. He enjoyed the new challenge of engaging with texts and ideas, and learning to analyze, present, and advocate
“I like to dive into things,” he said
“I’ve spent who knows how many hours in the library preparing for class or a presentation well in advance
Rhetoric offered me a way to do this through established methods
It’s helped to organize my approach to learning.”
Rhetoric Professor Jeff Drury remembered Businger’s work from his Reasoning and Advocacy class
where his final project advocating for wind farms in Montgomery County in a video stood out
thoughtful student who seeks to provide meaningful contributions,” Drury said
“His research and advocacy skills are exceptional
I was so impressed with the quality of the research
and the effective vocal delivery that I have used his project as a model for other students.”
Businger appreciates the liberal arts approach at Wabash that allowed him to explore subjects beyond his major
there can be a ton of pressure to focus solely on a major and minor,” he explained
you’re pushed to take classes that challenge you to think outside the box.”
One example was a course Businger took in jazz history
he grew to appreciate the cultural and historical significance of riverboat jazz
His dive into the subject led to a presentation at the 2024 Celebration of Student Research
It was an experience that not only strengthened his public speaking skills
“It opened my eyes and ears,” he said
Experiences outside the classroom provided more opportunity to grow and find a career path
He’s long had an interest in motor sports and has been the leader of the motor sports club on campus
an IMSA sports car racing team in Indianapolis
which gave him the ability to apply the skills he learned in a real-world setting
He handled the team’s social media efforts
and worked on sponsorship activation for races in places like Wisconsin
“It was a great experience to expand their story and share it with a broader audience,” said the Monticello
native. “I love that racing is such a team sport
we’re all trying to save tenths of seconds on each lap. Every detail matters
The experience went so well that he hopes to pursue motorsports communications as a career after graduation
“I feel more mature and prepared for the professional world than I ever imagined,” he continued
“I’ve learned to take initiative
and to build relationships both personally and professionally.”
Similar to his experiences with Little Giant football
“Everyone goes to class in these halls
“There isn’t a lot of differentiation on a small campus
so you are able to form really strong relationships
I like the feeling of being a part of a team
We have similar goals and share in each other’s successes.”
From a freshman unsure of his path to a senior with confidence
Businger is proud of who he’s become in these last four years.
“I’ve refined my skills at being a friend
“I didn’t know what I was capable of before Wabash
Game Recap: Lacrosse | 4/9/2025 8:50:00 PM
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