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Penske Automotive beat Q2 earnings estimates but missed on revenue, while gross margins and service profits hit record highs.
Higher rent and a less lucrative mix of profitable financing commissions can cause Penske to incur more SG&A expenses as a percentage of gross profit than peers. However, when rent expense is excluded ...
Michelle Hulgrave, EVP & CFO, reported, "For the 6 months ended June 30, 2025, we generated $472 million in cash flow from operations and EBITDA was $800 million. On a trailing 12-month basis, EBITDA ...
Who won the NASCAR Atlanta race? Chase Elliott is the winner, plus full NASCAR Cup results, running order and leaderboard for Quaker State 400.