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Tue, 24 Jan 2023 12:30:00 +0000 |
NEW DATA-DRIVEN, PERSONALIZED INSIGHTS REPORTS FROM CARS AVAILABLE AT THE 2023 NADA SHOW THIS WEEK, EMPOWER DEALERS WITH A COMPETITIVE EDGE
With the Cars.com Inc. (NYSE: CARS) platform further strengthened by recently integrated companies such as Accu-Trade and CreditIQ, the richness and scope of its data offering continues to grow. CARS will offer three free, personalized reports for dealers leveraging its platform-connected data at this week's 2023 National Association of Automobile Dealers (NADA) Show in Dallas Jan. 27-29.
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Mon, 23 Jan 2023 12:41:00 +0000 |
CARS.COM'S FIRST-EVER AFFORDABILITY REPORT PROVIDES GUIDANCE FOR VALUE-CONSCIOUS BUYERS
Affordability is top of mind for consumers as the new year starts, with less than half of Americans (46%) feeling financially confident and consumers citing a range of economic concerns including inflation, job insecurity and rising interest rates.1 Financial concerns, however, are being met with pent-up demand for new vehicles from the inventory shortage that began in 2021 and is just now beginning to ease. The result is a robust car-buying market of cost-conscious consumers and the timely laun
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Thu, 19 Jan 2023 14:36:00 +0000 |
CARS BRINGS SOLUTIONS TO INDUSTRY'S TOP PAIN POINTS, IMPROVING PROFITABILITY, EFFICIENCY AND CUSTOMER EXPERIENCE
As the automotive industry faces disruptions from ongoing inventory challenges and macroeconomic forces, auto retailers nationwide are focused on solving three core challenges in 2023, according to a recent survey by Cars.com Inc. (NYSE: CARS):
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Fri, 18 Nov 2022 12:00:00 +0000 |
TRADING THE SKY FOR THE HIGHWAY: CARS.COM SURVEY SHOWS MORE HOLIDAY TRAVELERS OPT TO ROAD-TRIP TO AVOID FLYING HASSLES
A Thanksgiving travel survey, conducted by car-shopping marketplace Cars.com™ (NYSE: CARS), uncovered that more people are driving than flying this Thanksgiving due to growing frustration with weather delays, skyrocketing ticket prices and schedule disruptions associated with air travel. About half of respondents who have flown in the last six months say they've experienced some level of disruption, and of those, 63% say their experiences influenced their Thanksgiving travel plans.
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Wed, 09 Nov 2022 12:06:26 +0000 |
Cars.com Third Quarter 2022 Earnings: EPS Misses Expectations
Cars.com ( NYSE:CARS ) Third Quarter 2022 Results Key Financial Results Revenue: US$164.6m (up 5.1% from 3Q 2021). Net...
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Mon, 07 Nov 2022 18:41:53 +0000 |
Cars.com's Improvement In Financial Results & Long-Term Outlook Not Being Reflected In Stock Valuation, Says Analyst
Barrington Research analyst Gary Prestopino reiterated an Outperform rating on the shares of Cars.com Inc (NYSE: CARS) with a price target of $25. The analyst said Cars.com delivered another quarter of solid results in Q3 FY22 that was in line with guidance driven by growth in traffic, dealer customers, and increased adoption of Dealer Inspire and Accu-Trade solutions. In Q3, daily average listings on the company’s marketplace increased 11% Y/Y for new cars and 9% for used cars. With over 27 mil
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Thu, 03 Nov 2022 12:45:12 +0000 |
Cars.com (CARS) Reports Q3 Loss, Tops Revenue Estimates
Cars.com (CARS) delivered earnings and revenue surprises of -128.57% and 0.27%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
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Thu, 03 Nov 2022 11:30:00 +0000 |
CARS Reports Third Quarter 2022 Results
Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading digital automotive platform that provides a robust set of digital solutions, today released its financial results for the third quarter ended September 30, 2022.
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Thu, 20 Oct 2022 11:30:00 +0000 |
CARS to Announce Third Quarter 2022 Financial Results
Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today announced that it expects to report its financial results for the third quarter ended September 30, 2022, on Thursday, November 3, 2022. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results.
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Wed, 19 Oct 2022 16:43:17 +0000 |
Cars.com's (NYSE:CARS) earnings have declined over five years, contributing to shareholders 48% loss
Cars.com Inc. ( NYSE:CARS ) shareholders should be happy to see the share price up 16% in the last month. But that...
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Tue, 04 Oct 2022 11:30:00 +0000 |
Sonia Jain Returns to CARS as Chief Financial Officer
Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today announced that it has reappointed former executive Sonia Jain as its chief financial officer with effect October 17, 2022.
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Wed, 21 Sep 2022 19:47:00 +0000 |
Cars.com Will Continue Its Growth Streak In 2023, Says Analyst
Barrington Research analyst Gary Prestopino reiterated an Outperform rating on the shares of Cars.com Inc (NYSE: CARS) with a target price of $25.00. The analyst believes that the company is poised for consistent growth for the remainder of 2022 and all of 2023, having completed its transformation from a listing service to a technology-driven automotive marketplace solutions provider through its digital solutions product suite. Cars.com's growth strategy is being driven by connecting buyers and
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Fri, 02 Sep 2022 12:38:12 +0000 |
Taiwan Semiconductor and Cars.com have been highlighted as Zacks Bull and Bear of the Day
Taiwan Semiconductor and Cars.com are part of Zacks Bull and Bear of the Day article.
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Fri, 02 Sep 2022 10:20:10 +0000 |
Bear of the Day: Cars.com (CARS)
As inflation raises MSRP the online portals get more competitive and margins get hit
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Mon, 29 Aug 2022 11:00:00 +0000 |
Cars.com Reports 80% of Labor Day Travelers Opt to Drive This Holiday Weekend Due to Frequent Air Travel Disruptions and Lower Gas Prices
With air travel woes continuing and gas prices falling, a Labor Day travel survey conducted by car-shopping marketplace Cars.com™ (NYSE: CARS) reveals Americans are hitting the road for their final summer vacation. The survey found that of the 64% of respondents who plan to travel for Labor Day weekend, 80% will drive to their destination1. Of those not planning to travel for the holiday, nearly a quarter cited high gas prices as the reason — significantly lower than the 42% of respondents who c
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Wed, 17 Aug 2022 11:00:00 +0000 |
58% of Parents Say Car Seats Drive Their Car Purchase Decisions: Cars.com 2022 Car Seat Fit Report Card Grades Vehicles on Fit and Safety for Families
Car-shopping marketplace Cars.com™ (NYSE: CARS) reports 60% of parents find car seat installation at least somewhat frustrating, which is no surprise given almost half of parents have installed their car seats incorrectly — a serious safety hazard. To help current and soon-to-be parents and caregivers, Cars.com today unveiled its 2022 Car Seat Fit Report Card with researched insights on the family vehicles that best fit car seats for infants, toddlers and young children.
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Thu, 04 Aug 2022 17:30:55 +0000 |
Cars.com Inc. (CARS) Q2 2022 Earnings Call Transcript
Image source: The Motley Fool. Cars.com Inc. (NYSE: CARS)Q2 2022 Earnings CallAug 03, 2022, 9:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning.
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Wed, 03 Aug 2022 13:05:01 +0000 |
Cars.com (CARS) Q2 Earnings and Revenues Beat Estimates
Cars.com (CARS) delivered earnings and revenue surprises of 60% and 0.61%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
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Wed, 03 Aug 2022 12:24:00 +0000 |
CARS Reports Second Quarter 2022 Results
Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading digital automotive platform that provides a robust set of digital solutions, today released its financial results for the second quarter ended June 30, 2022.
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Mon, 01 Aug 2022 11:00:00 +0000 |
Cars.com Launches "Instant Offer" Nationwide, Empowers Consumers to Claim Highest Offer From a Local Dealer and Sell Their Car Instantly
Americans have several options when it comes to selling their car, but half (50%) prefer to work directly with a local dealership, according to a recent survey by car-shopping marketplace Cars.com (NYSE: CARS). While consumers have long been able to sell their cars to other consumers on Cars.com, they can now take things a step further.1 Instant Offer, powered by Accu-Trade, is a new capability on Cars.com that lets consumers tap the company's large network of nearly 20,000 dealers across the co
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