AutoCanada Inc. (ACQ) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for joining AutoCanada's conference call to discuss the financial results for the fourth quarter of twenty twenty five. I'm John, your moderator for today's call. Before we begin, I'd like to remind everyone that today's discussion may include forward looking statements, which are subject to risks and uncertainties. Actual results could differ materially from those anticipated in these forward looking statements. I encourage you to review AutoCanada's filings on SEDAR plus for a discussion of these risks, the fourth quarter news release, financial statements and MD and A. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I'd like to remind everyone that this conference call is being recorded today, Wednesday, 03/18/2026. Now I'd like to turn the call over to Mr. Samuel Cochran, Chief Executive Officer and interim chief financial officer of AutoCanada Inc. Please go ahead, mister Cochran. Good evening, everyone, and thanks for joining us. I'd like to start by thanking the board for their trust in appointing me to lead AutoCanada at such an important time for the company. Before getting into AutoCanada's results, I want to briefly touch on the state of the automotive market. Demand for automotive vehicles in the fourth quarter was impacted by earlier pull forward activity. Tariff related policy changes drove stronger demand in the first half of twenty twenty five and the sunset in Canadian EV tax credits created a tough comparison to the strong fourth quarter of twenty twenty four and resulted in softer store traffic. Across the industry, we also saw affordability pressures continue to weigh on consumers. New and used vehicle gross profit per unit declined for many dea...