8-K

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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549




                                    FORM 8-K

                                 CURRENT REPORT

                         PURSUANT TO SECTION 13 OR 15(D)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

       DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): NOVEMBER 25, 2002




                       STEWART & STEVENSON SERVICES, INC.
             (Exact name of registrant as specified in its charter)




             TEXAS                      0-8493                   74-1051605
(State or other jurisdiction    (Commission File Number)      (I.R.S. Employer
      of incorporation)                                      Identification No.)


        2707 NORTH LOOP WEST
           HOUSTON, TEXAS                                           77008
(Address of principal executive offices)                          (Zip code)


       Registrant's telephone number, including area code: (713) 868-7700


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Item 5. OTHER EVENTS.

On November 25, 2002, Stewart & Stevenson Services, Inc. (the "Company") issued
the press release attached hereto as Exhibit 99.1 announcing the Company's
Fiscal 2002 Third Quarter Earnings Release and Conference Call Schedule.

Item 7. EXHIBITS.

EXHIBIT 99.1      COMPANY PRESS RELEASE DATED NOVEMBER 25, 2002, TITLED
                  STEWART & STEVENSON ANNOUNCES FISCAL 2002 THIRD QUARTER
                  EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE.




SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereto duly authorized.


                              STEWART & STEVENSON SERVICES, INC.




Date: November 25, 2002       By: /s/ John B. Simmons
                                      Name:  John B. Simmons
                                      Title: Vice President and Chief Financial
                                             Officer




EXHIBIT INDEX

Company Press Release dated November 25, 2002, titled Stewart & Stevenson
Announces Fiscal 2002 Third Quarter Earnings Release and Conference Call.

EX-99.1

Exhibit 99.1


NEWS FROM:   [STEWART & STEVENSON LOGO]    PRESS RELEASE

                                    Contact: John Simmons, V.P., CFO
                                             Stewart & Stevenson Services, Inc.
                                             713-868-7700
FOR IMMEDIATE RELEASE
                                             Ken Dennard / kdennard@easterly.com
                                             Lisa Elliott / lisae@easterly.com
                                             DRG&E
                                            713-529-6600


        STEWART & STEVENSON ANNOUNCES FISCAL 2002 THIRD QUARTER EARNINGS
                      RELEASE AND CONFERENCE CALL SCHEDULE

HOUSTON - NOVEMBER 25, 2002 - Stewart & Stevenson Services, Inc. (NYSE: SVC),
today announced plans to release its fiscal 2002 third quarter results on
Wednesday, December 4, 2002 at 6:00 a.m. eastern time. In conjunction with the
release, Stewart & Stevenson has scheduled a conference call, which will be
broadcast live over the Internet, on Wednesday, December 4 at 11:00 a.m. eastern
time.

     What:  Stewart & Stevenson Third Quarter Earnings Call

     When:  Wednesday, December 4, 2002 - 11:00 a.m. eastern time

      How:  Live via phone - By dialing 303-262-2127 and asking for the
            Stewart & Stevenson call at least 10 minutes prior to the start
            time - OR live over the Internet by logging on to the web address
            below:

    Where:  HTTP://WWW.SSSS.COM


A telephonic replay of the conference call will be available through Wednesday,
December 11, 2002, and may be accessed by dialing 303-590-3000 and using pass
code 511598. An audio archive will also be available on the Stewart & Stevenson
website at WWW.SSSS.COM shortly after the call and will be accessible for
approximately 90 days. For more information, please contact Karen Roan at DRG&E
at 713-529-6600 or email KAREN@EASTERLY.COM.

      Stewart & Stevenson Services, Inc., founded in 1902, is a billion-dollar
company that manufactures, distributes, and provides service for a wide range of
industrial products and diesel-powered equipment to key industries worldwide,
including power generation, defense, airline, marine, petroleum and
transportation. For more information on Stewart & Stevenson visit WWW.SSSS.COM.

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