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AutoNation Inc (AN.N)

AN.N on New York Stock Exchange

67.40USD
4 Dec 2020
Change (% chg)

$1.20 (+1.81%)
Prev Close
$66.20
Open
$66.44
Day's High
$67.50
Day's Low
$66.30
Volume
155,915
Avg. Vol
202,163
52-wk High
$68.40
52-wk Low
$20.66

Latest Key Developments (Source: Significant Developments)

Autonation Reports Qtrly EPS From Continuing Operations $2.05
Wednesday, 21 Oct 2020 

Oct 21 (Reuters) - AUTONATION::AUTONATION - QTRLY EPS FROM CONTINUING OPERATIONS $2.05; QTRLY ADJUSTED EPS FROM CONTINUING OPERATIONS $2.38.AUTONATION - QTRLY SAME-STORE REVENUE $5.4 BILLION IN LINE WITH Q3 2019.AUTONATION - QTRLY REVENUE $5.40 BILLION, DOWN 1%.AUTONATION - QTRLY SAME-STORE NEW VEHICLE GROSS PROFIT PER VEHICLE RETAILED WAS $2,535, UP 56%.AUTONATION - QTRLY SAME-STORE USED VEHICLE GROSS PROFIT PER VEHICLE RETAILED WAS $1,994, UP 43%.AUTONATION - QTRLY SAME-STORE CUSTOMER FINANCIAL SERVICES GROSS PROFIT PER VEHICLE RETAILED WAS $2,154, UP 11%.AUTONATION - INCREASED SHARE REPURCHASE AUTHORIZATION TO $500 MILLION.AUTONATION - PLANS TO BUILD OVER 100 AUTONATION USA PRE-OWNED VEHICLE STORES, WITH OVER 50 COMPLETED BY END OF 2025.AUTONATION - QTRLY SAME-STORE TOTAL VARIABLE GROSS PROFIT PER VEHICLE RETAILED WAS UP $966.AUTONATION - QTRLY ADJUSTED SG&A AS A PERCENTAGE OF GROSS PROFIT WAS 64.4%, UP 800 BASIS POINTS.  Full Article

AutoNation Says Edward Lampert Reports Open Market Sale Of 197,091 Shares
Tuesday, 30 Jul 2019 

July 30 (Reuters) - AutoNation Inc ::EDWARD LAMPERT REPORTS OPEN MARKET SALE OF 197,091 SHARES OF AUTONATION INC'S COMMON STOCK IN MULTIPLE TRANSACTIONS AT AVERAGE PRICE OF $48.57PER SHARE.  Full Article

Edward Lampert Cuts Share Stake In Autonation Inc To 14.9% From 17.1%
Saturday, 27 Jul 2019 

July 27 (Reuters) - AutoNation Inc ::EDWARD LAMPERT CUTS SHARE STAKE IN AUTONATION INC TO 14.9% AS OF JULY 24 FROM A STAKE OF 17.1% AS OF MAY 10 - SEC FILING.  Full Article

Autonation Reports Q2 EPS From Continuing Operations Of $1.12
Tuesday, 23 Jul 2019 

July 22 (Reuters) - AutoNation Inc ::QTRLY EPS FROM CONTINUING OPERATIONS $1.12, QTRLY TOTAL REVENUE $5.34 BILLION VERSUS $5.39 BILLION.QTRLY EPS FROM CONTINUING OPERATIONS INCLUDED NON-CASH FRANCHISE RIGHTS IMPAIRMENT CHARGE OF $0.08/SHARE.QTRLY SAME-STORE REVENUE $5.3 BILLION, RELATIVELY FLAT.QTRLY SAME-STORE NEW VEHICLE GROSS PROFIT/VEHICLE RETAILED $1,764, UP 10%.QTRLY SAME-STORE USED VEHICLE GROSS PROFIT/VEHICLE RETAILED $1,459, RELATIVELY FLAT.AUTONATION INC <<>> Q2 SHR VIEW $1.06, REV VIEW $5.29 BLN -- REFINITIV IBES DATA.  Full Article

Autonation Names Cheryl Miller CEO And President
Tuesday, 23 Jul 2019 

July 22 (Reuters) - AutoNation Inc ::AUTONATION NAMES CHERYL MILLER CEO AND PRESIDENT.CHERYL MILLER, AUTONATION’S CFO, APPOINTED CEO & PRESIDENT, EFFECTIVE JULY 22, REPLACING CARL LIEBERT.CARL LIEBERT WILL REMAIN WITH CO FOR NEXT 30 DAYS TO ASSIST WITH TRANSITION.CHRISTOPHER CADE, SENIOR VP & CHIEF ACCOUNTING OFFICER, APPOINTED INTERIM CFO WHILE CO SEARCHES FOR NEW CFO.  Full Article

AutoNation Q4 EPS $1.02 From Continuing Operations
Friday, 22 Feb 2019 

Feb 22 (Reuters) - AutoNation Inc ::AUTONATION REPORTS 2018 FOURTH QUARTER AND FULL YEAR RESULTS.Q4 EARNINGS PER SHARE $1.02 FROM CONTINUING OPERATIONS.Q4 REVENUE $5.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $5.63 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $1.14 -- REFINITIV IBES DATA.AUTONATION INCURRED APPROXIMATELY $0.08 PER SHARE, OR $9 MILLION, IN RESTRUCTURING-RELATED CHARGES DURING Q4 OF 2018.AUTONATION IMPLEMENTS RESTRUCTURING AND COST SAVINGS PLAN.IMPLEMENTS CORPORATE AND REGIONAL RESTRUCTURING AND COST SAVINGS PLAN EXPECTED TO REDUCE COSTS BY APPROXIMATELY $50 MILLION ANNUALLY.CONSOLIDATION OF REGIONAL STRUCTURE FROM THREE REGIONS TO TWO REGIONS..EXPECTS TO INCUR ADDITIONAL RESTRUCTURING-RELATED CHARGES IN Q1 OF 2019.Q1 RESTRUCTURING-RELATED CHARGES ARE CURRENTLY ESTIMATED TO BE LOWER THAN CHARGES INCURRED DURING Q4 OF 2018..QTRLY TOTAL RETAIL VEHICLE UNIT SALES 133,355 UNITS VERSUS 143,178 UNITS.QTRLY NEW RETAIL VEHICLE UNIT SALES 78,370 UNITS VERSUS 87,234 UNITS.  Full Article

Autonation Announces Restructuring And Cost Savings Plan
Tuesday, 8 Jan 2019 

Jan 7 (Reuters) - AutoNation Inc ::AUTONATION ANNOUNCES RESTRUCTURING AND COST SAVINGS PLAN.CORPORATE AND REGIONAL RESTRUCTURING AND SAVINGS PLAN EXPECTED TO REDUCE COSTS BY APPROXIMATELY $50 MILLION ANNUALLY.JAMES "JIM" BENDER NAMED EXECUTIVE VICE PRESIDENT OF SALES.AUTONATION- COMPANY ANNOUNCED THAT CHIEF OPERATING OFFICER, LANCE ISERMAN, AND CHIEF TECHNOLOGY OFFICER, TOM CONOPHY, WILL BE LEAVING COMPANY.REGIONAL STRUCTURE CONSOLIDATED FROM THREE REGIONS TO TWO REGIONS.  Full Article

AutoNation profit jumps as strong demand, tight inventory drive prices

Oct 21 U.S. auto dealer AutoNation Inc's quarterly profit nearly doubled on Wednesday as a stronger-than-expected recovery in demand and tight inventories helped drive more profit per vehicle just months after the pandemic slammed the economy.