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Automotive News Mike Jackson Blog 

AutoNation Reports Increased Total Revenue for Year and Fourth Quarter for 2015

In a January 2016 press release, AutoNation announced the continuing upwards trend of total revenue both for the fourth quarter of 2015 as well as for the full year.   Total revenue up 6% at $5.3 billion across all major business sectors EPS from continuing operations up 14% at $3.98 Operating income up 6% at $873 million $1 billion acquired in annual revenue from store acquisitions   AutoNation closed the acquisition of 13 stores from Carl Gregory Enterprises as well as a Honda store in Seattle-Bellevue, bringing the total acquisition…

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Automotive News Mike Jackson Blog 

AutoNation Reports Record-Breaking Quarterly EPS from Continuing Operations in 2015 Third Quarter

AutoNation has recently announced in an October press release its achievement of reaching an all-time high regarding quarterly Earnings Per Share from Continuing Operations. Reported AutoNation accomplishments for the quarter: EPS recorded at $1.05, up 17% from a year ago 20th consecutive quarter of a double-digit yearly growth in EPS Net income from Continuing Operations up 12% from a year ago at $119 million Total revenue up 9% from a year ago at $5.4 billion Mike Jackson, Chairman, Chief Executive Officer, and President had this to say of the news: “We…

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Mike Jackson with Ford F-150 Raptor Mike Jackson Blog 

AutoNation reports Retail New Vehicle Unit Sales up 9% in July 2015

AutoNation has announced that it reported retail sales of 29,875 new vehicles in July 2015, an increase of 9 percent compared to the same period in 2014. July 2015 reported retail new vehicle unit sales: 9,657 for Domestic, up 14% versus July 2014, 14,434 for Import, up 4% versus July 2014, and 5,784 for Premium Luxury, up 13% versus July 2014. On a same-store basis, reported retail new vehicle unit sales in July 2015 were up 7% as compared to July 2014. AutoNation will announce August 2015 sales on Wednesday Sept…

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AutoNation CEO Mike Jackson Mike Jackson Blog 

AutoNation Reports Record 2015 Q2 EPS from Continuing Operations

AutoNation today announced its 2015 second quarter results reporting a net income from continuing operations of $115 million, a record for second quarter results, or $1.00 per share, compared to net income from continuing operations of $101 million, or $0.83 per share, for the same period in the prior year, a 20% improvement on a per-share basis. “AutoNation delivered its 19th consecutive quarter of double-digit year-over-year growth in EPS,”Mike Jackson, Chairman, Chief Executive Officer and President said. “We reconfirm our expectation of U.S. industry new vehicle unit sales to be…

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Mike Jackson with Ford F-150 Raptor Mike Jackson Blog 

AutoNation Reports Retail New Vehicle Unit Sales of 27,862 in June 2015

AutoNation, America’s largest automotive retailer, reported retail sales of 27,862 new vehicles in June 2015, an increase of 9% compared to the same period a year ago. June 2015 reported retail new vehicle unit sales for AutoNation’s operating segments were as follows: 8,282 for Domestic, up 9% versus June 2014, 13,110 for Import, up 8% versus June 2014, and 6,470 for Premium Luxury, up 14% versus June 2014. On a same-store basis, reported retail new vehicle unit sales in June 2015 were up 7% as compared to June 2014. AutoNation…

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