secwatch.observer — SEC 8-K summary
======================================

Issuer:     AUTONATION, INC. (AN)
CIK:        0000350698
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000350698-24-000095
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AutoNation Q2 EPS $3.20 (adj. $3.99); CDK outage hit EPS by $1.55
-----------------------------------------------------------------

- Q2 2024 revenue $6.5B; GAAP EPS $3.20; adjusted EPS $3.99.
- CDK Global cyber outage reduced EPS by an estimated $1.55, including $0.79 one-time costs.
- After-sales gross profit margin improved 60 bps to 48.0% from Q2 2023.
- YTD share repurchases of $350 million; strong free cash flow conversion.
- Operational continuity restored post-CDK outage; unit profitability trends improving.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350698/000035069824000095/0000350698-24-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350698/000035069824000095/an-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000350698-24-000095

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