Financial Performance - Q2 2025 - Total revenue decreased by 1.9% year-over-year to $3642 million[12, 16] - Organic parts and services revenue declined by 3.4%[12, 16] - Segment EBITDA decreased by 10.9% year-over-year to $430 million, with a margin of 11.8%, a decrease of 120 bps[12, 16] - Diluted EPS increased by 7.1% to $0.75, while adjusted diluted EPS decreased by 11.2% to $0.87[12, 16] - Operating cash flow was $293 million year-to-date, and free cash flow was $186 million year-to-date[12, 16] Segment Performance - Q2 2025 - North America wholesale revenue decreased to $1442 million from $1474 million, with segment EBITDA decreasing to $227 million from $256 million[18, 50] - Europe revenue decreased to $1607 million from $1639 million, with segment EBITDA decreasing to $151 million from $174 million[21, 50] - Specialty revenue slightly decreased to $465 million from $466 million, with segment EBITDA decreasing to $39 million from $41 million[25, 50] - Self Service revenue decreased to $129 million from $133 million, with segment EBITDA remaining at $13 million[29, 50] Capital Allocation and Liquidity - The company invested $39 million to repurchase 1 million shares of common stock in Q2 2025[10] - The company distributed $78 million in cash dividends to common stockholders in Q2 2025[10] - Year-to-date, the company returned $235 million to shareholders, including $79 million in share repurchases and $156 million in dividends[10, 33] - $1636 million remains authorized for share repurchases through October 25, 2026[10, 34] Outlook 2025 - The company revised its full-year organic parts and services revenue growth outlook to a decline of 3.5% to 1.5%, compared to the prior outlook of 0% to 2%[37] - The company revised its full-year GAAP diluted EPS outlook to $2.47 to $2.77, compared to the prior outlook of $2.91 to $3.21[37] - The company revised its full-year adjusted diluted EPS outlook to $3.00 to $3.30, compared to the prior outlook of $3.40 to $3.70[37] - The company revised its full-year operating cash flow outlook to $0.875 billion to $1.075 billion, compared to the prior outlook of $1.075 billion to $1.275 billion[37] - The company revised its full-year free cash flow outlook to $0.60 billion to $0.75 billion, compared to the prior outlook of $0.75 billion to $0.90 billion[37]