AutoNation (AN) Tops Q3 EPS by 92c
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AutoNation Reports Sixth Consecutive All-Time Record Quarter
October 21, 2021 7:00 AM UTCFORT LAUDERDALE, Fla., Oct. 21, 2021 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest and most recognized automotive retailer, today reported its sixth consecutive all-time record quarter. During the quarter, consumer demand continued to outpace supply, driven by consumer desire for personal transportation and ongoing manufacturing supply chain disruptions. New vehicle inventory remains at historically low levels, which combined with strong execution, has supported record profitability. With personal transportation remaining a top priority, many Customers are shifting from new to pre-owned vehicles. AutoNation continues to outperform the industry due to strong sourcing... More
