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AutoNation slips after profit miss

Jul. 17, 2014 7:47 AM ETAutoNation, Inc. (AN) StockBy: Clark Schultz, SA News Editor
  • AutoNation (NYSE:AN) slips in early trading after missing profit estimates with its Q2 report.
  • The company reports same-store new vehicle unit sales rose 6% in Q2.
  • SG&A expenses were up 6.2% to $524.6M.
  • Q2 sales mix: Domestic 32.5%; Import 49.3%; Premium Luxury 18.2%.
  • AN -7.5% premarket

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