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2025 KIA SPORTAGE HYBRID NAMED AMONG LIST OF CARS.COM'S BEST HYBRIDS FOR THE MONEY
Prnewswire· 2025-05-19 21:00
IRVINE, Calif., May 19, 2025 /PRNewswire/ -- The 2025 Kia Sportage Hybrid has been recognized in Cars.com's list of Best Hybrids for the Money, taking the win in the Compact SUV category. This latest accolade marks the second consecutive year the Sportage Hybrid has been recognized. 2025 Kia Sportage Hybrid Named Among Cars.com’s Best Hybrids for the Money "Kia continues to prioritize value and innovation in the hybrid segment, and the Sportage Hybrid is a reflection of that," said Steven Center, COO & ...
Cars.com (CARS) FY Conference Transcript
2025-05-14 05:30
纪要涉及的行业和公司 - 行业:汽车行业 [3][4][6] - 公司:Cars.com(CARS) [1] 核心观点和论据 行业趋势 - 汽车行业具有韧性,是人们生活的必需品,即使在经济衰退时期也能保持一定的销量,如在08、09年经济衰退时,汽车销量仍接近4150万辆 [3] - 行业正朝着数字化方向发展,消费者已领先于行业多年,企业正从投资实体展厅和大型全国性发布会转向以数字为核心的解决方案和技术 [6] 公司业务表现 - 核心业务趋势健康改善,消费者趋势增长良好,2 - 4月经销商数量持续增长,不仅在市场平台,软件解决方案和经销商工具方面也有增长 [3][4] - 公司为超8000个零售网站和OEM网站提供技术支持,通过订阅或SaaS模式从生态系统参与者处获取收入 [5] 业务构成与风险 - 业务中媒体业务具有一定的可自由支配性,受关税影响有一定波动,OEM和全国业务与新车活动相关,受关税影响较大;约三分之二的经销商为特许经销商,其业务与新车相关部分在当前环境下存在不确定性 [8][9] 经销商增长原因 - 消费者需求持续增长且有上升趋势,经销商意识到需参与竞争以获取销售份额,否则会失去市场机会 [11][12] - 公司加拿大业务持续抢占市场份额,经销商网站数量增加,软件解决方案增长,如Accu Trade产品使经销商采购库存更自主高效 [13][14][15] 盈利预测与信心 - 虽因OEM业务不确定性暂停收入指引,但预计业务仍将同比增长,有信心维持EBITDA利润率指引,公司可通过调整成本结构等方式控制利润率 [16][19] OEM业务展望 - OEM正将预算从传统媒体转向数字领域,部分OEM认可Accu Trade产品;虽短期内因库存问题减少媒体支出,但情况逐渐改善,新车业务收入若流入,将对营收和利润有积极影响 [21][22] 竞争优势 - 品牌优势明显,是消费者购车时的首选平台之一,能带来大量自然流量;公司聘请专业人员对库存进行筛选和评估,为消费者提供专业建议 [28][29] - 软件工具和解决方案独特,深入经销商运营系统,提供网站建设、性能分析、车辆评估等服务,增加客户粘性 [31] 经销商转换成本与策略 - 经销商更换平台的成本难以量化,公司更注重通过交叉销售平台产品提高经销商平均收入、提升留存率和为经销商创造更多价值 [32][33] 应对亚马逊竞争策略 - 公司采取垂直深耕策略,通过网站、评估技术和批发交易等方式巩固在行业内的地位;认为汽车购买决策复杂,消费者不会仅通过亚马逊简单下单,Cars.com将是消费者考虑的一部分 [38][39][40] 数据洞察与增收策略 - 公司构建的CarsCommerce是连接性强的技术解决方案,能满足经销商对集成化软件的需求;通过为经销商提供消费者购物行为和预算等数据洞察,提高潜在客户质量和转化率,同时结合产品重新包装和定价调整实现增收 [43][44][46] Dealer Club业务 - Dealer Club是首个基于声誉的批发交易市场,买家和卖家可相互评价,已吸引超2500家经销商注册,超1000家完成注册并可交易;公司通过与Accu Trade集成,实现车辆评估和批发交易实时对接,并采取支付卖家销售费用、仅收取买家费用的模式,具有成本优势 [53][54][55] 业务拐点与展望 - 预计2026年Dealer Club业务将迎来拐点,公司将在年内向投资者更新进展;当前经销商行为转变迅速,市场呈现积极态势,预计今年汽车行业表现良好 [59][63][64] 资本分配 - 公司今年更倾向于股票回购,一季度回购2200万美元,按此速度年化接近9000 - 1亿美元,当前股价估值具有吸引力,将继续抓住机会进行回购 [66][67] 其他重要但可能被忽略的内容 - 一季度完成三个网站重新包装交易,计划下半年在市场平台推出新的顶级套餐,引导经销商升级 [47][48][49] - 经销商使用市场平台和Accu Trade产品可获得比仅使用市场平台多近两倍的潜在客户 [33] - 经销商通过拍卖或检验服务购车成本约为每辆车1500美元,使用Accu Trade软件每月费用1500美元,平均每月可购买19辆车 [35]
Cars.com(CARS) - 2025 Q1 - Quarterly Report
2025-05-09 04:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 b For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-37869 Cars.com Inc. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No ...
Cars.com to Participate in Upcoming Investor Conference
Prnewswire· 2025-05-09 04:05
CHICAGO, May 8, 2025 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc" or the "Company"), an audience-driven technology company empowering the automotive industry, today announced that Alex Vetter, Chief Executive Officer of Cars Commerce and Sonia Jain, Chief Financial Officer of Cars Commerce will participate at the following investor conference:J.P. Morgan 53rd Annual Global Technology, Media and Communications ConferenceDate: May 13, 2025Presentation Time: 3:30 p.m. CT / 4:30 p.m. ET ...
Cars.com (CARS) Q1 Earnings and Revenues Miss Estimates
ZACKS· 2025-05-08 22:05
Cars.com (CARS) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.13%. A quarter ago, it was expected that this online automotive marketplace would post earnings of $0.52 per share when it actually produced earnings of $0.49, delivering a surprise of -5.77%.Over the last four quarter ...
Cars.com(CARS) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:02
Cars.com (CARS) Q1 2025 Earnings Call May 08, 2025 09:00 AM ET Company Participants Katherine Chen - Vice President, Investor RelationsAlex Vetter - CEOSonia Jain - CFONaved Khan - Managing Director - Equity ResearchRajat Gupta - Executive Director, AutosMarvin Fong - DirectorJoseph Spak - Managing Director Conference Call Participants Tom white - Managing Director, Senior Equity Analyst Operator Good morning, ladies and gentlemen, and welcome to the Cars.com First Quarter 20 20 5 Earnings Conference Call. ...
Cars.com(CARS) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:00
Cars.com (CARS) Q1 2025 Earnings Call May 08, 2025 09:00 AM ET Speaker0 Good morning, ladies and gentlemen, and welcome to the Cars.com First Quarter 20 20 5 Earnings Conference Call. At this time, all lines are in listen only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call, you require immediate assistance, please press 0 for the operator. This call is being recorded on Thursday, May eight of twenty twenty five. I would now like to turn the c ...
Cars.com(CARS) - 2025 Q1 - Earnings Call Presentation
2025-05-08 20:17
First Quarter 2025 Earnings May 8, 2025 Forward-looking Statements This presentation contains "forward-looking statements" within the meaning of the federal securities laws. All statements other than statements of historical facts are forward-looking statements. These statements often use words such as "believe," "expect," "project," "anticipate," "outlook," "intend," "strategy," "plan," "estimate," "target," "seek," "will," "may," "would," "should," "could," "forecasts," "mission," "strive," "more," "goal" ...
Cars.com(CARS) - 2025 Q1 - Quarterly Results
2025-05-08 19:37
Q1 2025 Financial Highlights | (in thousands, except per share data) | Quarter Ended March 31, | | | | | | --- | --- | --- | --- | --- | --- | | | 2025 | | 2024 | | Change % | | Total Revenue | $ 179,024 $ | | | 180,176 | (1%) | | Net (loss) income | | (2,013) | | 784 | NM | | Adjusted net income | | 23,956 | | 28,663 | (16%) | | Adjusted EBITDA | | 50,721 | | 52,673 | (4%) | | Net (loss) income per diluted share | | (0.03) | | 0.01 | NM | | Adjusted net income per diluted share | | 0.37 | | 0.43 | (14%) | ...
Cars.com Reports First Quarter 2025 Results
Prnewswire· 2025-05-08 19:30
Delivered Q1 Revenue of $179 Million, Driven by OEM and National Revenue Growth of 6% YoYReached 19,250 Dealer Customers, Reflecting Strong Solutions AdoptionAchieved New Quarterly Record of 29 Million Average Monthly Unique VisitorsRepurchased 1.6 Million Shares CHICAGO, May 8, 2025 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc." or the "Company"), an audience-driven technology company empowering the automotive industry, today released its financial results for the first quarter ende ...