Cars.com Inc. (CARS) Cars.com Inc. operates as a leading digital platform, offering comprehensive services and solutions specifically tailored for the automotive sector. Its central purpose is to seamlessly connect prospective car buyers with vehicle sellers. Through its flagship online marketplace, customized dealer websites, and an array of other digital products, the company undertakes several key functions: it prominently showcases available vehicle inventories from dealerships, significantly enhances the brand visibility and reputation of both independent and franchised dealers alongside automotive manufacturers (OEMs), directs genuinely interested buyers to sellers, and equips consumers with essential tools and information to confidently navigate their car purchasing journey. Beyond these core offerings, Cars.com Inc. provides a diverse portfolio of specialized services. These include marketplace-centric products such as subscription-based advertising and social selling support. Its digital solutions encompass website platform hosting, an advanced AI-powered chat system, comprehensive digital retailing functionalities, and robust reputation management services. Furthermore, a wide array of advertising options are available, ranging from visual display campaigns and instant loan pre-qualification and approval processes to broader digital ad placements and targeted in-market audio advertisements. By December 31, 2021, Cars.com Inc. had established an extensive client base, serving 19,179 dealer customers throughout all 50 U.S. states. This diverse network included both franchised and independent dealerships operating via online platforms and traditional brick-and-mortar locations, as well as major automakers marketing vehicles across the United States. Essentially, its primary clientele consists of local car dealerships, original equipment manufacturers (OEMs), and various national advertisers. Cars.com Inc. was founded in 1998 and maintains its corporate headquarters in Chicago, Illinois.
Sector: Services-Computer Processing & Data Preparation
Industry: Internet Content & Information
Cars.com Inc. NYSE:CARS Communication Services · Internet Content & Information
CLOSED · Nov 3 -1.03%$11.56 CLOSED · Nov 3 Prev close $11.68 -1.03%Close $11.56 0.00% AH close $11.56 VOL 709K $ Vol $8.2M RVOL 0.94x
Mkt Cap $618.84M
VOL 709K sh
$ Vol $8.2M
RVOL 0.94×
Press Release
Cars.com Appoints Mausam Bhatt Chief Product Officer to Accelerate Marketplace Innovation
Cars.com appointed Mausam Bhatt as Chief Product Officer, effective Nov. 2, overseeing product strategy across its marketplace, data, AI and dealer solutions portfolio.
Bhatt joins from Rithum, with prior CPO roles at Realtor.com and RetailMeNot and product leadership stints at Google Shopping and Flipkart, where he helped scale mobile commerce to over 75 million users and $4 billion in revenue.
The hire signals the company's push toward a more AI-driven, connected marketplace, though the role change carries no near-term financial impact.
• 5d ago AI analysis › Press Release
Cars.com to Announce Third Quarter 2026 Financial Results
Cars.com will report third quarter 2026 financial results on Thursday, November 5, 2026.
Management will host a conference call with live webcast at 8:00 a.m. CT / 9:00 a.m. ET that day; a replay will be available on the investor relations site.
No results, guidance, or other financial information was included in this announcement.
• 12d ago AI analysis › Press Release
BROAD ARROW PRESENTS A STUNNING SELECTION OF CURATED COLLECTOR CARS AT ITS SECOND ZÜRICH AUCTION
globenewswire.com • 13d ago Press Release
Cars.com Announces Inducement Award Under NYSE Rule 303A.08
Cars.com granted Trent Ziegler, its incoming CFO, RSUs covering 332,069 shares as an employment inducement under NYSE Rule 303A.08.
Ziegler becomes Chief Financial Officer effective November 6, 2026, and the RSUs vest in three equal annual installments subject to continued employment.
This is a routine governance disclosure formalizing compensation for an already-announced executive hire.
• 14d ago AI analysis › Press Release
Evolve Announces October 2026 Distributions for UltraYield ETFs and Certain Evolve Funds
Evolve Funds Group declared its October 2026 distributions across its ETF lineup, with the AGG Canadian Aggregate Bond Enhanced Yield Fund paying $0.10 per unit on a monthly frequency.
Ex-dividend dates are October 27-30, 2026, with cash distributions payable on or about November 6, 2026 for Evolve Funds.
This is a routine income-schedule announcement with no change to distribution levels; note that AGG here is an Evolve Canadian closed-end fund, not the iShares US aggregate bond ETF.
• 15d ago AI analysis › Press Release
Cars.com Announces Chief Financial Officer Transition
Cars.com announced Trent Ziegler as its next CFO-Designate, effective October 19, 2026, formally succeeding Sonia Jain as CFO on November 6, 2026.
Ziegler previously served as CFO of fintech holding company FairSquare and spent more than a decade at LendingTree, including three years as its CFO.
Jain will remain as an Executive Advisor through March 31, 2027 to ensure an orderly transition.
CEO Tobi Hartmann credited Jain with advancing financial infrastructure, value-based pricing, and balance-sheet strengthening during the company's post-spin evolution.
• 1mo ago AI analysis › Press Release
SERIOUSLY COOL CARS WITH EXCEPTIONAL PROVENANCE AT BROAD ARROW'S 2026 ZOUTE LIVE AND ONLINE AUCTIONS
globenewswire.com • 1mo ago Press Release
Evolve Announces September 2026 Distributions for UltraYield ETFs and Certain Evolve Funds
Evolve Funds Group declared its September 2026 cash distributions across the UltraYield ETF suite and roughly 30 additional Evolve funds, with the Evolve Canadian Aggregate Bond Enhanced Yield Fund (AGG) paying $0.10000 per unit on its monthly schedule.
AGG unitholders of record receive the payment on or about October 7, 2026, with an anticipated September 29, 2026 ex-dividend date. The six UltraYield ETFs carry two distribution cycles per the release, with per-unit amounts ranging from $0.18000 (TECY) to $0.27000 (SIXY).
Cash management funds (HISA, HISU.U, MCAD, MUSD.U) carry an earlier anticipated ex-date of September 24, 2026. Evolve, which manages over $9 billion in assets, cautioned that distributions will vary from period to period.
• 1mo ago AI analysis › Press Release
BROAD ARROW PRESENTS ULTIMATE PERFORMANCE CARS AT ITS SECOND ANNUAL ZÜRICH AUCTION
globenewswire.com • 2mo ago Press Release
Evolve Announces August 2026 Distributions for UltraYield ETFs and Certain Evolve Funds
Evolve Funds Group declared a monthly cash distribution of $0.10000 per unit for the Evolve Canadian Aggregate Bond Enhanced Yield Fund (AGG).
The fund has set its ex-dividend and record dates for August 31, 2026, with payment to unitholders expected on or about September 8, 2026.
This announcement is part of the firm's regular monthly distribution schedule for its Evolve Funds.
• 2mo ago AI analysis › Press Release ⚠ 2
Cars.com Reports Second Quarter 2026 Results
Cars.com reported Q2 revenue of $179.9 million, up 1% year-over-year in line with guidance, while Net income surged 103% to $14.3 million driven by operating leverage.
Adjusted EBITDA grew 4% to $53.0 million with a 29.4% margin, outperforming the guided range of 28% to 29%, as Marketplace revenue grew over 7% and offset a decline in OEM revenue.
The company repurchased 3.7 million shares for $37 million in the quarter, totaling $57 million year-to-date, which represents over 10% of the prior year-end share count.
• 2mo ago AI analysis › Press Release
Only 2 of 56 New Vehicles Ace Car Seat Test in Cars.com's 2026 Report
Cars.com released its 2026 Best Cars for Car Seats report, naming the Mercedes-Benz GLS580 and Volkswagen Tiguan as the only two vehicles out of 56 tested to earn straight A's for fit and installation.
The report, compiled over 12 months by certified child passenger safety technicians, evaluated infant, convertible, and booster seat compatibility across a range of vehicle segments including EVs and SUVs.
Ten additional models were designated as Top Finishers, including the Chevrolet Blazer EV and Honda CR-V Hybrid, with the full results available on the Cars.com platform to assist family vehicle shoppers.
• 3mo ago AI analysis › Press Release
Cars.com to Announce Second Quarter 2026 Financial Results
Cars.com announced it will report its second quarter 2026 financial results on Thursday, August 6, 2026.
The company will host a conference call and live webcast at 8:00 a.m. CT to discuss the results, featuring CEO Tobias Hartmann and CFO Sonia Jain.
A replay of the webcast will be available on the Investor Relations website shortly after the event concludes.
• 3mo ago AI analysis › Press Release
Evolve Announces July 2026 Distributions for UltraYield ETFs and Certain Evolve Funds
Evolve Funds Group Inc. declared monthly distributions for its Evolve Funds lineup, setting the rate for the Evolve Canadian Aggregate Bond Enhanced Yield Fund (AGG) at $0.10000 per unit.
The ex-dividend and record dates for AGG are anticipated to be July 31, 2026, with the payment scheduled for August 10, 2026.
The announcement covers a broad suite of income and thematic ETFs, with parent firm Evolve managing over $9 billion in assets.
• 3mo ago AI analysis › Press Release
Cars.com Releases a Guide to the Most Affordable American-Made Vehicles of 2026 to Ring in America's 250th
Cars.com released a guide highlighting the 10 most affordable American-made vehicles on its 2026 American-Made Index, noting that the current average new car price tops $50,000.
The company's index identifies 86 vehicles that contribute most to the U.S. economy, with the affordable list featuring models starting under $35,000 from manufacturers like Toyota and Honda.
According to a Cars.com survey cited in the release, 57% of respondents are willing to pay more for a vehicle that creates U.S. jobs.
• 4mo ago AI analysis › Press Release
Cars.com Announces Its 2026 Most American-Made Vehicles Ahead of Country's 250th
Cars.com released its 2026 American-Made Index, ranking 86 vehicles based on assembly, parts sourcing, and factory employment.
Tesla's Model 3 and Model Y took the top two spots, while Toyota contributed the most vehicles to the list overall.
Survey data included in the report indicates 57% of consumers are willing to pay more for vehicles creating U.S. jobs.
• 4mo ago AI analysis › Press Release
Evolve Announces June 2026 Distributions for UltraYield ETFs and Certain Evolve Funds
Evolve Funds Group Inc. declared June 2026 cash distributions for its UltraYield ETFs and select Evolve Funds, including the Evolve Canadian Aggregate Bond Enhanced Yield Fund (AGG).
AGG unitholders of record on June 30, 2026 will receive a distribution of $0.10 per unit, payable on or about July 9, 2026.
The announcement covers over 30 fund tickers as Evolve reports on assets exceeding $9 billion under management.
• 4mo ago AI analysis › Press Release
Cars.com Announces Inducement Awards Under NYSE Listing Rule 303A.08
Cars.com granted 86,540 restricted stock units to Sarah Kettler as an inducement for her hiring as Chief Marketing Officer.
The award was made under the company's 2025 Inducement Equity Plan, with the majority of shares vesting over three years and a smaller portion over two years.
The release serves as a mandatory public disclosure under NYSE Listing Rule 303A.08, which exempts such awards from shareholder approval requirements.
• 4mo ago AI analysis › Press Release
Cars.com Names Sarah Kettler Chief Marketing Officer
Cars.com appointed Sarah Kettler as Chief Marketing Officer, effective June 15, 2026, to oversee its integrated marketing and communications organization.
Kettler joins from SeatGeek, where she spent a decade as Executive Vice President of Marketing & Communications, bringing experience in scaling marketplace brands and driving consumer demand.
CEO Tobi Hartmann stated that Kettler's background in connecting buyers and sellers at scale makes her the right fit to help strengthen the company's position as a trusted auto marketplace.
• 4mo ago AI analysis › Press Release
SAY WOW TO DISCOUNT TRAVEL: SOUTHWEST AIRLINES DELIVERS WEEK OF DEALS ON FLIGHTS, HOTELS, CARS, AND VACATIONS
prnewswire.com • 4mo ago Press Release
Evolve Announces May 2026 Distributions for UltraYield ETFs and Certain Evolve Funds
Evolve Funds Group announced May 2026 distributions for its UltraYield ETFs and other funds, with ex-dividend dates of May 28-29, 2026.
The Evolve Canadian Aggregate Bond Enhanced Yield Fund (AGG) will distribute $0.10000 per unit, payable June 5, 2026.
UltraYield ETFs such as BIGY and EASY will distribute $0.31250 and $0.31000 respectively, with two payment dates in June.
• 5mo ago AI analysis › Press Release ● Major
Cars.com Reports First Quarter 2026 Results
prnewswire.com • 5mo ago Press Release
Cars.com's New First-of-Its-Kind AI Video Solution Turns Every Vehicle Into High-Intent Sales Engine
Cars.com launched a first-of-its-kind AI video solution that automatically generates VIN-specific advertising content for dealers, targeting high-intent shoppers in real-time.
Early results from a 30-day pilot show strong performance, including a 35% increase in website traffic and a 47% lift in influenced vehicle sales compared to the prior period.
The technology integrates directly with dealer inventory feeds to produce 3D renderings for social media platforms like TikTok and Instagram, ensuring ads are only shown for active inventory.
• 6mo ago AI analysis ›