---
schema_version: "secwatch.filing_event.v1"
accession: "0000350698-21-000145"
form_type: "8-K"
ticker: "AN"
cik: "0000350698"
company_name: "AUTONATION, INC."
filed_at: "2021-10-21T23:59:59+00:00"
generated_at: "2026-06-28T19:20:58.032971+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AutoNation reports record Q3 GAAP EPS $5.12 (+150% YoY); announces $420M revenue acquisition

## Summary
- Q3 2021 GAAP EPS from continuing ops $5.12, up 150% YoY from $2.05; same-store revenue $6.4B, +18% YoY.
- Same-store gross profit +29% YoY; SG&A as % of gross profit 56.9%, improvement of 750 bps.
- Repurchased 7.9M shares (11% of outstanding) for $879M in Q3; board authorized additional $1B buyback.
- Agreed to acquire Priority 1 Automotive Group representing ~$420M in annual revenue.
- New vehicle inventory remains low; demand outpacing supply; used vehicle revenue up 53% YoY.

## SEC filing metadata
- accession: 0000350698-21-000145
- form_type: 8-K
- ticker: AN
- cik: 0000350698
- company_name: AUTONATION, INC.
- filed_at: 2021-10-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/350698/000035069821000145/0000350698-21-000145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/350698/000035069821000145/an-20211021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000350698-21-000145
- JSON: https://secwatch.observer/filing/0000350698-21-000145.json
- Plain text: https://secwatch.observer/filing/0000350698-21-000145.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.