AutoNation continued riding increased demand from consumers for new and used vehicles in its latest quarter. In rural retail, Tractor Supply Co. experienced another quarter of higher sales, as do-it-yourself trends and hobbies stay popular among people amid warmer temperatures and fewer pandemic limitations. And in payment methods, Apple Pay Later could post a larger threat to card issuers than to buy now, pay later (BNPL) players. All this, Today in Data.
300: Minimum number of U.S. automotive retail locations that AutoNation owns and operates as of June 30.
42%: Increase in AutoNation’s same-store new vehicle unit sales from Q2 2020 to Q2 2021.
21M: Minimum number of members in the Tractor Supply Neighbors Club loyalty program.
$8.558B: Approximate market cap of AutoNation as of July 19.
3%: Approximate share of U.S. adults who report using Apple Pay about once a week.