EDMONTON, AB, Nov. 13, 2025 /CNW/ – AutoCanada reported lower revenue in its financial results for the three-month period ended Sept. 30, 2025, with revenue from continuing operations of $1.2 billion compared to $1.4 billion the previous year.
“This (third) quarter reflects a period of transition as we work to complete the most significant cost transformation in AutoCanada’s history,” said Interim CEO Samuel Cochrane. “While top-line performance was softer, our cost reduction initiatives remain firmly on track and are building the structural efficiencies required to position the Company for sustained, profitable growth.”
Cochrane said that in the near term, the company’s priorities will include “expanding our collision operations and strengthening the performance of our dealership network under the new ACX framework,” which is designed to drive “consistent, profitable volume growth” across the business.
Net income for the period from total operations was $16.8 million as compared to $7.1 million in the prior year.
“We remain focused on executing the remaining elements of the transformation plan introduced earlier this year,” said Cochrane. “At the same time, we are beginning to look ahead to the next phase of our journey, improving performance, rebuilding momentum, and pursuing disciplined, profitable growth.”