AutoNation (AN) Tops Q2 EPS by 45c, Beats on Revenue

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AutoNation Reports Second Quarter 2023 Results

July 21, 2023 6:59 AM EDT

Second Quarter 2023 EPS was $6.02 and Adjusted EPS was $6.29 compared to $6.48 a year agoSecond Quarter 2023 Revenue was $6.9 billion, compared to $6.9 billion a year agoRecord Second Quarter 2023 After-Sales gross profit of $543 million, an increase of 13% compared to prior yearSG&A was 63.1% of Gross Profit and 61.9% on an adjusted basis reflecting continued expense disciplineRepurchased 1.6 million shares of common stock for an aggregate purchase price of $207 millionAcquired five dealerships and opened 16th AutoNation USA storeRecord-breaking 143 stores... More