Record Quarterly Franchise Revenues
Generated all-time record quarterly franchise revenues of $3.4 billion, up 12% year over year, driven by a 13% increase in new retail volume and a 10% increase in fixed operations revenues.
Successful Technician Hiring Initiative
Exceeded the goal of hiring 335 net technicians during 2024, setting the stage for strong fixed operations growth in 2025.
EchoPark Segment Profitability
EchoPark achieved a full-year adjusted EBITDA of $27.6 million, up from a loss of $83 million in 2023, achieving profitability on a pretax basis.
Strong Balance Sheet and Liquidity
Ended the year with $862 million in available liquidity, including $384 million in cash and floor plan deposits, enabling strategic capital deployment.
Dividend Approval
Board of directors approved a quarterly cash dividend of $0.35 per share, payable on April 15, 2025.