Thursday, 30 July 2020

Pandemic takes toll on Cars.com Q2 revenue, profit

Cars.com reported that its operating expenses were 19 percent below the same quarter in 2019. The company took a series of cost-cutting steps as the pandemic spread across the U.S. this spring. Cars.com shares surged higher despite a down day on Wall Street.



source https://www.autonews.com/retail/pandemic-takes-toll-carscom-q2-revenue-profit

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