Thanks, Sean, everyone. morning, and good
our by As XX% we've there significant of results. the hurricanes, was mentioned, noise since impacted is business over in our
performance Given will the third impact remarks will my this quarter to of limit quarter to only are for remarks that performance. of our true our XXXX. operating to hurricanes, the metrics I our My to same-store compared pertain meaningful
than Consistent are Looking the year quarter points year. margins in we this third in XX basis last starting to new some vehicles, margins. gross lower stabilization earlier in see were
up However, new points third last basis margins from to quarter This marks margins XX were the sequential stability. X.X%. quarter of
are to vehicle Our impacts, to reduce our days day building an the inventory two despite million, the where hurricane inventory across environment in total were by new levels industry were we supply very pleased XX and were that able $XXX we days.
used vehicles. to Turning
gross combination declined from and of in aggressive continued Our decrease the of by new off-lease margin X.X%. driven points vehicle margin XX profit pricing to a basis was prior year The the vehicles. inflow
been which year. service. and than in in vehicle incremental not to day F&I used As for profit past, it Were opportunities both the supplied I lower vehicle lower. even days sales last reduced inventory is our We our the supply and XX used parts would provide days have hurricanes, X mentioned
results. profit X% continues per Turning Total F&I team $X,XXX. total to to gross to and increased front vehicle $XXX help increased vehicle. strong gross deliver F&I, These $XX profit drive by end $X,XXX yield per gains up our our by to
margin able have to not we Parts were that We and hurricanes, and line despite Service previous by increased revenue had points Service believe for and grow would Gross basis and with the in profit Service, the quarters to our at profit. hurricanes. Parts been growth XX profit Looking Parts our it been both gross XX.X%. gross
thoughts open Before we call XXXX. our to on for the like share would questions, the environment outlook I for and initial retail up some
Given in the too the it is SAAR. prediction XXXX the to current early for volatility make market,
are to and well and good are we our as service stabilize levels used our to to We've current grow park finally around However, margins vehicle our business. new business continue opportunity inventories starting car in shape. believe
We leading our and a efficiency in is industry reflected This of have cost culture control. margins.
right and business attractive to returns in allowing is for that environment, us generate and organization shareholders. our continue business for We invest the structure our to the will ensure to continue cost sized
in We will continue our willingness and current acquisition venture to to Indiana geographic outside pursue our for recent our acquisition opportunities footprint.
close However, and million we of creative our we revenue. will value stores by provide expect about deal only QX, $XXX acquisitions, acquire the that remain over and anticipate XXXX will for disciplined to shareholders. sense make Talking which additional business
In to have sellers. with discussions other addition, we positive continue potential
is not to a confirm new that to leadership transition team, we I changing. strategy As want our
focus intelligent We being on and to allocators. outstanding capital operators will continue
I to XXXX beyond. positioned Craig investing by returns or highest the are the businesses, that to believe seek new well all we his want nine last capital I and closing, our to for years. continue of shareholders. stores in success leadership returning thank acquiring will behalf our We employees, in on existing over our In for
today significantly is company because you. stronger of Our
operator take your now We over questions. to and will turn call the the Operator?
