secwatch.observer — SEC 8-K summary
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Issuer:     AUTONATION, INC. (AN)
CIK:        0000350698
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0000350698-23-000074
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AutoNation reports record Q1 EPS of $6.07, revenue $6.4B, down 5% YoY
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- Record diluted EPS $6.07, up 5% YoY; net income $288.7M, down 20%.
- Revenue $6.4B, down 5% YoY; new vehicle revenue +4%, used vehicle revenue -21%.
- After-sales gross profit record $511M (+11%); used vehicle gross profit $154M (+13%).
- SG&A 60.8% of gross profit; repurchased 2.4M shares for $305M in Q1.
- Segment income: Domestic $119M, Import $160M, Premium Luxury $227M, all down YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350698/000035069823000074/0000350698-23-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350698/000035069823000074/an-20230419.htm
  HTML page:      https://secwatch.observer/filing/0000350698-23-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer