CARS - Cars.com Inc.
California State Teachers Retirement System lowered its stake in Cars.com Inc. (NYSE: CARS) by 50.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,294 shares of the company's stock after selling 51,516 shares during the quarter. California State Teachers Retirement System
Cars.com NYSE: CARS reported second-quarter revenue growth and higher profitability as marketplace subscription gains offset a decline in OEM and national advertising revenue, while management reaffirmed its full-year outlook.
Cars.com remains a value trap despite a recent 10% rally, as fundamentals continue to deteriorate. Declining double-digit traffic and sequential dealer churn undermine CARS's core business and brand positioning. A tough macro backdrop, including rising used vehicle prices and weaker consumer demand, further pressures CARS' sales volumes.
Cars.com Inc. (CARS) Q2 2026 Earnings Call Transcript
Cars.com (CARS) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.41 per share a year ago.
Although the revenue and EPS for Cars.com (CARS) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Delivered expected revenue growth and strong profitability, underpinned by focused strategy with highest Marketplace revenue growth in five years Revenue grew to $179.9 million, up 1% year-over-year and in line with guidance Net income increased to $14.3 million, up 103% year-over-year Adjusted EBITDA grew to $53.0 million, up 4% year-over-year; Adjusted EBITDA margin of 29.4%, outperformed guidance range of 28% to 29% margin Share repurchases totaled 3.7 million shares for $37 million; year-to-date share repurchases totaled 6.2 million shares for $57 million and are on pace to 2026 target of $90 million CHICAGO, Aug. 6, 2026 /PRNewswire/ -- Cars.com Inc . (NYSE: CARS), a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars, today released its financial results for the second quarter ended June 30, 2026.
Mercedes-Benz GLS580 and Volkswagen Tiguan are the only vehicles to earn straight A's for car seat fit and installation, as 10 more vehicles land on the Top Finishers list ahead of back-to-school driving season CHICAGO, July 29, 2026 /PRNewswire/ -- Car-shopping marketplace Cars.com™ (NYSE: CARS) today released its 2026 Best Cars for Car Seats report, compiled by certified child passenger safety technicians and based on 12 months of hands-on testing. Out of 56 vehicles tested, only the 2025 Mercedes-Benz GLS580 and the 2026 Volkswagen Tiguan received straight A's across every car seat category.
CHICAGO, July 23, 2026 /PRNewswire/ -- Cars.com Inc . (NYSE: CARS), a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars, today announced that it expects to report its financial results for the second quarter ended June 30, 2026, on Thursday, August 6, 2026.
Montague International (OTCMKTS:MIHL - Get Free Report) and Cars.com (NYSE: CARS - Get Free Report) are both small-cap retail/wholesale companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, earnings, dividends, institutional ownership, valuation, risk and profitability. Valuation and Earnings This table compares Montague International
GLNCY, CARS and AETUF have been added to the Zacks Rank #5 (Strong Sell) List on July 8, 2026.
The current average new car tops $50,000, but Cars.com's 2026 American-Made Index reveals 10 American-made vehicles starting as low as $24,420 CHICAGO, July 1, 2026 /PRNewswire/ -- As America prepares to celebrate its 250th birthday, car-shopping marketplace Cars.com™ (NYSE: CARS) has released a guide to the most affordable vehicles on its 2026 American-Made Index, spotlighting 10 models that start under $35,000. More than half of the vehicles on the list come in under $30,000, a timely reminder that buying American-made does not have to mean paying a premium.
The Great American Melting Pot — 2026 list is 65% foreign automakers, with the Detroit Three still holding about one-third of the Index CHICAGO, June 23, 2026 /PRNewswire/ -- Car-shopping marketplace Cars.com™ (NYSE: CARS) today unveiled the vehicles on its 21st annual American-Made Index (AMI). More than a year after the announcement of tariffs, and ahead of America's 250th anniversary, this year's AMI list boasts 86 vehicles that made the cut.
Cars.com Announces Inducement Awards Under NYSE Listing Rule 303A.08 PR Newswire CHICAGO, June 11, 2026
CHICAGO, June 11, 2026 /PRNewswire/ -- Cars.com Inc . (NYSE: CARS) ("Cars.com" or the "Company"), today announced that on June 5, 2026, the Company's Compensation Committee granted restricted stock units ("RSUs") covering 86,540 shares of the Company's common stock to Sarah Kettler as material inducement to her hiring as Chief Marketing Officer, effective June 1, 2026 (the "Inducement Award").
Veteran marketplace leader with track record of scaling modern brands, driving demand and accelerating business performance joins executive team to help shape company's next chapter CHICAGO, June 11, 2026 /PRNewswire/ -- Car-shopping marketplace Cars.com Inc. (NYSE: CARS) today announced the appointment of Sarah Kettler as Chief Marketing Officer, effective June 15, 2026. In her role, Kettler will oversee the company's integrated marketing and communications organization, responsible for strengthening the brand, deepening customer engagement, driving growth and advancing the company's long-term strategic objectives.
Book an adventure for less and earn more Rapid Rewards® points for future travel DALLAS, June 8, 2026 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) launches the Week of WOW, one of the carrier's biggest sales of the year. Starting today through June 11, Customers can save up to 40% off base fares using code FLYWOW for flights from Aug. 4 to Dec.16, 2026,1 along with promotions on hotels, rental cars, cruises, and Getaways by Southwest™ vacation packages.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Cars.com is a value trap despite a post-Q1 earnings rebound. The company faced flat revenue trends and weak dealer retention, which stands in stark contrast to larger rival CarGurus. Traffic is declining, while the company is facing flat dealer counts and flat average revenue (compared to mid-teens growth for CarGurus).
Cars.com NYSE: CARS reported first-quarter 2026 revenue near the high end of its guidance range and said it is moving ahead with cost reductions, product integration and artificial intelligence initiatives aimed at strengthening its automotive marketplace.