AutoNation Inc (STU:RWI)
€ 153.2 1.35 (0.87%) Market Cap: 6.15 Bil Enterprise Value: 13.42 Bil PE Ratio: 7.77 PB Ratio: 2.89 GF Score: 91/100

AutoNation Inc at Gabelli Automotive Aftermarket Symposium (Virtual) Transcript

Nov 02, 2021 / 04:00PM GMT
Release Date Price: €103 (-2.83%)
Brian C. Sponheimer
Gabelli Funds, LLC - Research Analyst

Great. Okay. We'll move along. A company that has been with us for many years in the past, both virtually last couple and here in Las Vegas. We're delighted to have AutoNation back with us and company's Chief Financial Officer, Joe Lower; and Vice President of Investor Relations, Robert Quartaro.

AutoNation is based in Fort Lauderdale, is the largest automotive retailer in the U.S. There's over 300 new vehicle franchises and about 230 or so stores, has 32 different new vehicle models and has one of the more exciting stories, I think, within automotive retail in that it's a company that is transforming its used vehicle strategy through its AutoNation USA stores. At the same time, it's undertaken significant efforts over the course of the last 2 years to optimize how it runs its business in this environment, and we'll get into this that where it's really the best of times in some respects for being an automotive retailer. It has led to amazing financial results for the past few quarters, and we'll talk about the environment as we go forward

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