Reports Q3 revenue $9.68B, consensus $9.49B. Total revenue increased 7.7% on a same store basis, compared to third quarter 2024. “Our third quarter results demonstrate our focus on operational excellence with strong growth in same store sales and earnings per share and solid profitability gains driven by the continued execution of our strategy” said Bryan DeBoer, president and CEO. “Our teams delivered increases in same-store revenue across our business lines, we achieved improved sequential SG&A performance throughout our North American stores, and Driveway Finance Corporation continues to scale profitably. Our disciplined capital allocation was clear as we opportunistically repurchased shares while maintaining a strong balance sheet, positioning us well to continue unlocking the full potential of our omnichannel ecosystem.”
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