Analyst
Citigroup
Equibles does not estimate personal net worth.
Mike Ward is recorded as Analyst at Citigroup. Mike Ward has spoken on 8 earnings calls across 6 companies, most recently for Autonation, Inc. on July 31, 2026. Those appearances were for Autonation, Inc. (AN), Group 1 Automotive Inc (GPI), Ford Motor Co (F), General Motors Co (GM), Cooper-Standard Holdings Inc. (CPS) and 1 other company. The companies whose calls Mike Ward spoke on are classified in the Consumer Cyclical sector.
“I wonder if you could talk a little bit about variable gross. It looks like it's stabilized in the $4,500 per unit range, and it goes up and down whatever, $50 or $100, depending on the quarter and mix, et cetera.”
“Whenever you talk Hennessy, it sounds like that's a premium acquisition, so I assume it's got a premium price. Can you talk a little bit about financing it? And it sounds like if these brands aren't meeting those pro, or the stores aren't meeting the profile, you're going to be selling some.”
“So one of the big learnings that we're seeing in recent weeks has been how automakers are benefiting from software. We already know about how great this is for you guys at Pro, but I wanted to ask about Blue Cruise specifically.”
“And especially on the margin in the cash side, on a relative-based auto, just the revenue's not, you know, it's hard to make a dent in it, but it's bigger.”
“It seems like there's a, I don't know if it's a concerted effort or just a shift towards the more profitable parts of the businesses, F&I, after-sales financing, and it's almost like the new and used retail is just a feeder to enhance those businesses.”
Citigroup
Analyst
Transcript header (unverified)
Auto & Truck Dealerships · Consumer Cyclical
Auto & Truck Dealerships · Consumer Cyclical
Auto Manufacturers · Consumer Cyclical
Auto Manufacturers · Consumer Cyclical
Auto & Truck Dealerships · Consumer Cyclical
