AutoNation, Inc. (AN) Q4 2025 Earnings Call

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WEBVTT 00:00:01.769 -- 00:00:06.758 Good morning, everyone. Welcome to AutoNation's fourth quarter 2025 conference call. 00:00:06.758 -- 00:00:10.404 Leading our call today will be Mike Manley, our Chief Executive Officer, and Tom Slozek, 00:00:10.404 -- 00:00:14.171 our Chief Financial Officer. Following the remarks, we will open the call to questions. 00:00:14.171 -- 00:00:17.377 And I'll now hand the call over to Derek Liebig, Vice President of Investor Relations, 00:00:17.377 -- 00:00:19.497 to begin. 00:00:20.602 -- 00:00:25.992 Thanks, Adam. And good morning, everyone. Welcome to AutoNation's fourth quarter 00:00:25.992 -- 00:00:30.307 conference call. Before we begin, I'd like to remind you that certain statements and 00:00:30.307 -- 00:00:34.453 information on this call, including any statements regarding our anticipated financial 00:00:34.453 -- 00:00:38.638 results and objectives constitute forward-looking statements within the meaning of the 00:00:38.638 -- 00:00:43.124 Federal Private Securities Litigation Reform Act of 1995. 00:00:43.124 -- 00:00:47.089 Such forward-looking statements involve known and unknown risks that may cause our actual 00:00:47.089 -- 00:00:51.495 results or performance to differ materially from such forward-looking statements. 00:00:51.495 -- 00:00:56.498 Additional discussions of factors that could cause our actual results to differ materially 00:00:56.498 -- 00:01:01.622 are contained in our press release issued today and in our filings with the SEC. 00:01:01.622 -- 00:01:05.926 Certain non-GAAP financial measures, as defined under SEC rules, will be discussed on 00:01:05.926 -- 00:01:08.086 this call. 00:01:09.430 -- 00:01:13.632 and on the website located at investors.autonation.com. 00:01:13.754 -- 00:01:17.035 With that, I'l...