Cars.com Inc. (CARS) Q2 2026 Earnings Call

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WEBVTT 00:00:00.071 -- 00:00:02.791 Thank you very much. 00:00:28.340 -- 00:00:31.982 First, by adding current marketplace capabilities. 00:00:31.982 -- 00:00:37.305 This includes personalization, AI features like Carson and interconnected data insights 00:00:37.305 -- 00:00:39.887 between our products. 00:00:39.887 -- 00:00:44.990 For consumers, that means a more seamless and customized shopping experience when moving 00:00:44.990 -- 00:00:48.592 across cars.com and dealer-inspired websites. 00:00:48.592 -- 00:00:53.795 We will provide seekers with more options and choices for an interconnected marketplace 00:00:53.795 -- 00:00:55.777 experience. 00:00:55.777 -- 00:01:00.828 For dealers, aggregated consumer signals yield return leads and a distinct 00:01:00.828 -- 00:01:05.913 advantage to closing sales. These enhancements plus further technical 00:01:05.913 -- 00:01:11.077 and product investments slated for 2027 are expected to position our website's 00:01:11.077 -- 00:01:14.458 business for renewed growth. 00:01:14.480 -- 00:01:20.925 In summary, we have made solid progress to deliver our goals and objectives. 00:01:20.925 -- 00:01:26.468 Our 2026 financial performance have consistently met or exceeded 00:01:26.468 -- 00:01:28.349 guidance. 00:01:28.349 -- 00:01:33.491 Marketplace results are especially encouraging and reflect strong execution of our 00:01:33.491 -- 00:01:35.571 new strategy. 00:01:35.571 -- 00:01:40.973 Operating leverage is also improving via cost efficiencies, tighter internal processes, 00:01:40.973 -- 00:01:44.675 and a leaner yet more productive organization. 00:01:44.675 -- 00:01:50.257 And product green shoots are showing the untapped potential of an interconnected 00:01:50.257 -- 00:01:52.816 marketplace platform. 00:01:52.816 -- 00:01:57...