All Posts Tagged With: "AN"
(AN) AutoNation Posts Sales Increase of 15%
AutoNation Inc. (AN) posted a 15% increase in new vehicle sales to 25,489 units in March 2012 compared with the same month in the previous year. The company recorded improvement in sales in all of its segments.
Sales...
(AN) AutoNation Beats Expectations – Earnings Rise 13%
AutoNation Inc. (AN) saw a profit of $71 million or 51 cents per share in the fourth quarter of 2011 compared with $68 million or 45 cents per share in the comparable quarter of 2010 (excluding debt refinancing...
(AN) AutoNation Driven By Luxury Brand Sales
AutoNation Inc. (AN) revealed an 11% rise in new vehicle sales to 24,342 units in December last year, mainly driven by strong sales growth in its Premium...
(AN) Stock Market News for January 5, 2012 – Market News
Major indices of the American stock markets closed flat on Wednesday after experiencing a strong rally on the first trading day of the Year. Euro zone worries were not strong enough for markets to move southwards. Retail stocks surged after Christmas sales figures increased...
(AAPL) A Busy Week Ahead – Earnings Preview
Earnings Preview 10/14/11
While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500.
Thus, by the end of the week we...
(AN) AutoNation Analyst Maintains Neutral on Shares
We have retained a Neutral recommendation on AutoNation, Inc. (AN). We appreciate the company’s optimal brand and market mix, which is pushing up new vehicle sales as the market revives. However, we are concerned...
(KMX) CarMax Second Quarter Earnings Preview
CarMax Inc. (KMX) announced that it would release its results for the second quarter of fiscal 2012 that ended on August 31, 2011 before the market opens on September 22, 2011. Richmond, VA-based CarMax earned...
(AN) AutoNation’s June Sales Rise 3%
AutoNation Inc. (AN), the largest automotive retailer in the U.S., is about twice the size of its nearest competitor. It recently announced its sales results for June 2011. The company’s retail new vehicle...
(AN) AutoNation Remains Neutral
We reiterate our Neutral recommendation on AutoNation Inc. (AN), which is the largest automotive retailer in the U.S. and almost twice the size of its nearest competitor. The company sells 31 different brands...
(KMX) CarMax Profits on Heightened Sales
CarMax Inc.(KMX) posted a 25% rise in profit to $126.3 million or 55 cents per share in the first quarter of the fiscal year ended May 31, 2011from $101.1 million or 44 cents per share in the prior fiscal...
(AZO) AutoZone Increases Share Buyback to $10.4 Billion
AutoZone Inc. (AZO) announced that its board of directors has authorized the repurchase of up to an additional $500 million of common stock under its existing share buyback program. Since the inception of...
(AN) AutoNation Sales Dip on Supply Crunch
AutoNation Inc. (AN) reported a 15% fall in new vehicle sales to 16,347 vehicles in May due to shortages in supply of vehicles, especially from Japan that accounts for 52% of its sales. The Japanese automotive...
(AN) AutoNation Announces $250 Million Increase to Share Buyback
AutoNation Inc. (AN) announced that its board of directors has authorized the repurchase of up to an additional $250 million of common stock under its existing share buyback program. This has increased the...
(KO) Reviewing Earnings – Looking Toward The Federal Reserve
Earnings reports will be in focus today as we wait for the Fed Chief’s history-making news conference on Wednesday following the FOMC meeting that gets underway today. Keeping us busy will be a slew of positive reports from a fairly representative slice of corporate...
(AN) AutoNation Reports Strong Earnings Results for 2011 First Quarter
AutoNation Inc. (AN) reported net income of $70.3 million or 46 cents per share from continuing operations for the first quarter of 2011, compared with $58.8 million or 34 cents in the year-ago period.
The...
(KMX) CarMax Quarterly Earnings Exceed by a Penny
CarMax Inc.(KMX) posted a profit of $89.5 million or 39 cents per share in the fourth quarter of fiscal 2011 ended February 28, 2011, barely exceeding the Zacks Consensus Estimate by a penny. The profit increased...
(ALV) Company News for March 21, 2011 – Corporate Summary
• Cisco Systems (NASDAQ:CSCO) announced that on March 17, 2011 its board of directors approved the initiation of quarterly cash dividends of $0.06 to its shareholders, which is the first cash dividend in the company’s...
(KMX) CarMax Surpasses Quarterly Earnings Estimates
CarMax Inc. (KMX) posted a profit of $82.4 million or 36 cents per share in the third quarter of its fiscal 2011, barely surpassing the Zacks Consensus Estimate of 34 cents per share. The profit was higher...
(AN) AutoNation Reports New Retail Vehicle Sales Up 16%
AutoNation Inc. (AN) sold 15,511 retail new vehicles in November, a 16% rise from the year-ago level. The sales growth was higher than 12% increase in sales in the U.S. auto industry, excluding sales to fleet...
(AN) AutoNation Quarterly Earnigs Miss Expectations
AutoNation Inc. (AN) reported a 9% fall in net income to $58.5 million for the third quarter of 2010 from $64.4 million in the year-ago period. However, on earnings per share basis, profit rose 8% to 39 cents...
(AAPL) Stock Market News for October 29, 2010 – Market News
Stocks had a mixed day on Thursday as investors weighed mixed earnings reports and a possible announcement from the Federal Reserve to buy bonds. 3M Co.’s downbeat earnings and its tepid full-year outlook wiped off market’s initial advance that was fueled by a surprise...
(AN) AutoNation Reports Retail New Vehicles Sales Soar 35% in September 2010
AutoNation Inc. (AN) sold 18,040 retail new vehicles in September, a 35% rise from the same month of 2009. The sales growth was higher than the overall industry growth of 29% during the month. However, AutoNation’s...
(KMX) CarMax Beats Earnings Expectations on Used Vehicle Sales
CarMax Inc. (KMX) showed a profit of $107.9 million or 48 cents per share in the second quarter of its fiscal 2011, beating the Zacks Consensus Estimate of 40 cents per share. The profit was slightly higher...
(AN) AutoNation Incorporated – Bull of the Day
AutoNation (AN) remains focused on improving its product mix and cost-cutting initiatives. The company’s profit increased 36% in the second quarter of 2010 and surpassed the Zacks Consensus Estimate by...
(AN) AutoNation Analyst Upgrades Stock to Outperform
We have upgraded our long-term recommendation (6+ months) on the shares of AutoNation Inc. (AN) from Neutral to Outperform. This is based on its improved results and recent acquisitions.
In...
(AN) AutoNation Reports Sales Rose 5% Year-Over-Year in July
AutoNation Inc. (AN) sold 19,688 retail new vehicles last month, up 5% from July 2009. Sales rose marginally due to unfavorable comparison with the last year’s Cash for Clunkers program that generated significant...
(AN) AutoNation Profits Up 36%
AutoNation Inc. (AN) witnessed a 36% increase in profits (adjusted) to $62 million or 38 cents per share in the second quarter of 2010 from $50 million or 28 cents per share in the prior-year quarter. With...
(AN) AutoNation Sales Up 13%
AutoNation Inc. (AN) showed a 13% rise in retail new vehicle sales to 16,153 units last month, driven by strong growth in its Domestic brands. Sales of the Domestic brands, which comprise stores that sell vehicles...
(AN) AutoNation’s Sales Figures Outpace Overall U.S. Sales
AutoNation Inc. (AN) has posted a 22% rise in sales to 19,283 vehicles during May. With this, the automotive retailer has outpaced the sales gain of 19% in the U.S. during the month.
Sales in AutoNation’s...
(AN) AutoNation 2010 First Quarter Earnings Scorecard
AutoNation, Inc. (AN) reported its first quarter earnings for 2010 on April 22, 2010, exactly meeting the Zacks Consensus Estimate. The market reacted positively, with its share price rising in the subsequent...