AutoCanada Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CAD 1,420.93 million compared to CAD 1,539.33 million a year ago. Net loss was CAD 2.41 million compared to net income of CAD 7.81 million a year ago.

Basic loss per share from continuing operations was CAD 0.1 compared to basic earnings per share from continuing operations of CAD 0.33 a year ago. Diluted loss per share from continuing operations was CAD 0.1 compared to diluted earnings per share from continuing operations of CAD 0.32 a year ago.