CARS · Cars.com Inc.

Management notes that sustaining liquidity hinges on revenue growth, cost containment—including capital expenditures—and accounts receivable collection, alongside macroeconomic factors outside direct control. Vehicle sales volume fluctuations continue to shape OEM and dealer spending on marketing and technology, potentially impacting pricing and mix. With dealer customer gains and cost discipline in place, Cars.com positions itself to navigate these variables while building on profitability momentum.