Total Net Sales and Operating Revenues

+7.6% " " "

Q1 FY 2026's strong revenue growth is driven by a combination of robust used vehicle sales and a turnaround in wholesale performance, along with steady gains in other revenues. In previous periods, used sales had risen modestly while wholesale suffered declines, but improvements in unit sales and pricing in both segments helped to reverse those trends. " " "

Used Vehicle Sales

+7.5% " " "

Used vehicle sales increased as a result of improved unit sales performance—consistent with prior trends where growing unit volume offset slight declines in average selling price due to mix shifts and cost efficiencies. The upward trend in Q1 FY 2026 continues the earlier period's momentum driven by strong consumer demand and enhanced inventory affordability. " " "

Wholesale Vehicle Sales

+8.5% " " "

Wholesale sales experienced a marked improvement in Q1 FY 2026 compared to the declines seen in recent periods (e.g., a 7.8% drop in FY 2025). Improved wholesale pricing and favorable shifts in the vehicle mix appear to have contributed to this rebound, overcoming the lower prices and unit declines observed previously. " " "

Other Sales and Revenues

Moderate increase from $182.0M to $190.4M " " "

Other sales and revenues grew moderately in Q1 FY 2026, reflecting continued strength in Extended Protection Plan revenues and related services. This growth follows prior gains where higher margins and increased retail unit sales boosted the category, even amid some penetration challenges. " " "