KAR Auction Services Inc at JPMorgan Auto Conference Transcript

Aug 09, 2022 / 08:35PM GMT
Ryan J. Brinkman - JPMorgan Chase & Co, Research Division - Senior Equity Research Analyst

Okay. I think if you could take your seats, we're probably ready to get going with the next presentation. Very happy to have here with us Eric Loughmiller, Executive Vice President and Chief Financial Officer of KAR Global. Eric, thanks for coming to the conference.

Eric M. Loughmiller - KAR Auction Services, Inc. - Executive VP & CFO

Thank you, Ryan, for having us. We're glad to be here.

Questions and Answers:

Ryan J. Brinkman - JPMorgan Chase & Co, Research Division - Senior Equity Research Analyst

Okay. Great. Maybe we can talk about, well, a couple significant transformations of the business. I mean on the one hand, there had already been this increasing digitalization of the business and focus on the D2D app-based business even prior to the sale of the ADESA Physical Auction Business in the U.S. to Carvana. But maybe we can start with that second part because it really was another step change, right, in
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot