ABG earnings
Asbury Automotive Group Inc (ABG) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Asbury Automotive Group Reports First Quarter ResultsRevenue of $4.1 billion Gross Profit of $727 million Used Retail Gross Profit per Unit of $1,847, growth of 16% EPS of $9.87 per diluted share; adjusted EPS, a non-GAAP measure, of $5.37 per diluted share Net income of $188 million; adjusted net income, a non-GAAP measure, of $102 million Repurchased approximately 678,000 shares for $147 million Over 50% of stores converted to Tekion as of April 28, 2026 Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., reported first quarter 2026 net income of $188 million ($9.87 per diluted share), an increase of 42% from $132 million ($6.71 per diluted s
- Asbury Automotive Group Schedules Release of First Quarter 2026 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its first quarter financial results before the market opens on Tuesday, April 28, 2026. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877) 40
- Asbury Automotive Group Reports Fourth Quarter ResultsAll-time record annual Revenue of $18 billion Record fourth quarter Revenue of $4.7 billion, growth of 4% Record fourth quarter Gross Profit of $793 million, growth of 6% Same store Used Retail GPU of $1,749, growth of 18% Same store Used Retail Gross Profit of $51 million, growth of 4% EPS of $3.10 per diluted share; adjusted EPS, a non-GAAP measure, of $6.67 per diluted share Net income of $60 million; adjusted net income, a non-GAAP measure, of $129 million Repurchased approximately 212,000 shares for $50 million Resumed Tekion transition with implementation across 15 additional stores Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the larges
- Asbury Automotive Group Schedules Release of Fourth Quarter 2025 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its fourth quarter financial results before the market opens on Thursday, February 5, 2026. Asbury will host a conference call later that day at 9:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877)
- Asbury Automotive Group Reports Record Third Quarter ResultsAll-time record Revenue of $4.8 billion, growth of 13% All-time record Gross Profit of $803 million, growth of 12% EPS of $7.52 per diluted share, an increase of 18% Adjusted EPS, a non-GAAP measure, of $7.17 per diluted share, an increase of 13% Same store Parts & Service gross profit growth of 7% Repurchased approximately 220,500 shares for $50 million in the third quarter Net income of $147 million; adjusted net income, a non-GAAP measure, of $140 million Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., reported third quarter 2025 net income of $147 million ($7.52 per diluted share), an
- Asbury Automotive Group Schedules Release of Third Quarter 2025 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its third quarter financial results before the market opens on Tuesday, October 28, 2025. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877)
- Asbury Automotive Group Reports Second Quarter ResultsRevenue of $4.4 billion Gross Profit of $752 million All-time record Parts & Service gross profit of $355 million Fourth quarter of sequential improvement in same store Used Retail gross profit per unit Net income of $153 million; adjusted net income, a non-GAAP measure, of $146 million EPS of $7.76 per diluted share; adjusted EPS, a non-GAAP measure, of $7.43 per diluted share Completed acquisition of The Herb Chambers Automotive Group on July 21, 2025; the sixteenth largest privately-owned dealership group based on 2024 revenue with approximately $3 billion in annual revenue Divested of nine stores in the period between April 1, 2025 through July 28, 2025 as part of
- Asbury Automotive Group Schedules Release of Second Quarter 2025 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its second quarter financial results before the market opens on Tuesday, July 29, 2025. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877) 40
- Asbury Automotive Group Reports First Quarter ResultsRevenue of $4.1 billion Gross Profit of $724 million All-time record Parts & Service gross profit of $343 million Third quarter of sequential improvement in same store Used Retail gross profit per unit Net income of $132 million; adjusted net income, a non-GAAP measure, of $134 million EPS of $6.71 per diluted share; adjusted EPS, a non-GAAP measure, of $6.82 per diluted share Announced definitive agreement to acquire The Herb Chambers Automotive Group, the sixteenth largest privately-owned dealership group based on 2024 revenue, with approximately $3 billion in annual revenue Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and s
- Asbury Automotive Group Schedules Release of First Quarter 2025 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its first quarter financial results before the market opens on Tuesday, April 29, 2025. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877) 407-2988
- Asbury Automotive Group Reports Record Fourth Quarter ResultsAll-time record quarterly revenue of $4.5 billion, growth of 18% All-time record Parts & Service gross profit of $340 million, growth of 19%; same store Parts & Service gross profit growth of 11% Same store SG&A as a percentage of gross profit of 63.0%; same store adjusted SG&A as a percentage of gross profit, a non-GAAP measure, of 62.0% Back-to-back quarters of improved SG&A as a percentage of gross profit and adjusted SG&A as a percentage of gross profit, a non-GAAP measure; 137 bps and 141 bps, respectively, versus third quarter 2024 EPS of $6.54 per diluted share; adjusted EPS, a non-GAAP measure, of $7.26 per diluted share Asbury Automotive Group, Inc. (NYSE:ABG) (
- Asbury Automotive Group Schedules Release of Fourth Quarter 2024 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its fourth quarter financial results before the market opens on Thursday, January 30, 2025. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877
- Asbury Automotive Group Reports Third Quarter ResultsRevenue of $4.2 billion, growth of 16% Parts & Service gross profit growth of 16% Same store SG&A as a percentage of gross profit of 64.5%; same store adjusted SG&A as a percentage of gross profit, a non-GAAP measure, of 63.8% Sequential improvement in SG&A as a percentage of gross profit of 25 bps and adjusted SG&A as a percentage of gross profit, a non-GAAP measure, of 39 bps EPS of $6.37 per diluted share; adjusted EPS, a non-GAAP measure, of $6.35 per diluted share Estimated EPS impact of $0.39 - $0.43 due to stop sale orders for certain vehicle models (estimated lost sales of nearly 1,200 new units) and lost business from Hurricane Helene Repurchased approximately 394,000
- Asbury Automotive Group Schedules Release of Third Quarter 2024 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its third quarter financial results before the market opens on Tuesday, October 29, 2024. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877) 407-29
- Asbury Automotive Group Reports Second Quarter ResultsRecord second quarter revenue of $4.2 billion Record for second quarter parts & service revenue of $581 million and gross profit of $340 million Repurchased approximately 193,000 shares for $43 million in the second quarter and approximately 592,000 shares for $130 million year-to-date through August 1, 2024 Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., reported second quarter 2024 net income of $28 million ($1.39 per diluted share), a decrease of 86% from $196 million ($9.34 per diluted share) in second quarter 2023. Second quarter 2024 adjusted net income, a non-GAAP measure, decreased 31% year
- Asbury Automotive Group Schedules Release of Second Quarter 2024 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its second quarter financial results before the market opens on Friday, August 2, 2024. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877) 40
- Asbury Automotive Group Reports Record $4.2 Billion in RevenueOperating margin of 6.3% EPS of $7.21 per diluted share Parts and service revenue growth of 15%; parts and service gross profit growth of 18% Repurchased approximately 240,000 shares for $50 million Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., reported first quarter 2024 net income of $147 million ($7.21 per diluted share), a decrease of 19% from $181 million ($8.37 per diluted share) in first quarter 2023. "We delivered a strong first quarter, crossing over $4 billion in revenue for the first time in our company's history," said David Hult, Asbury's President and Chief Executive Officer. "Ou
- Asbury Automotive Group Schedules Release of First Quarter 2024 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its first quarter financial results before the market opens on Thursday, April 25, 2024. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877) 4
- Asbury Automotive Group Reports Fourth Quarter Financial ResultsRevenue of $3.8 billion Completed acquisition of Jim Koons Automotive Companies, the ninth-largest privately-owned dealership group in the U.S., with over $3 billion in annual revenue Gross profit of $673 million SG&A as a percentage of gross profit of 61.5%; adjusted SG&A as a percentage of gross profit, a non-GAAP measure, of 61.0% Fourth quarter non-cash asset impairments of $117.2 million or $4.29 per diluted share Operating margin of 3.3%; adjusted operating margin, a non-GAAP measure, of 6.4% Net income of $56 million; adjusted net income, a non-GAAP measure, of $146 million EPS of $2.70 per diluted share; adjusted EPS, a non-GAAP measure, of $7.12 per diluted sh
- Asbury Automotive Group Schedules Release of Fourth Quarter 2023 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its fourth quarter financial results before the market opens on Thursday, February 8, 2024. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877
- Asbury Automotive Group Reports Third Quarter 2023 Financial ResultsRevenue of $3.7 billion Gross profit of $674 million SG&A as a percentage of gross profit of 58.2%; adjusted SG&A as a percentage of gross profit, a non-GAAP measure, of 58.4% Operating margin of 7.2%; adjusted operating margin, a non-GAAP measure, of 7.2% Net income of $169 million; adjusted net income, a non-GAAP measure, of $168 million EPS of $8.19 per diluted share; adjusted EPS, a non-GAAP measure, of $8.12 per diluted share Adjusted EBITDA, a non-GAAP measure, of $280 million Clicklane sales of over 11,600 vehicles, an all-time record Announced definitive agreement to acquire Jim Koons Automotive Companies, the ninth-largest privately-owned dealership group i
- Asbury Automotive Group Schedules Release of Third Quarter 2023 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its third quarter financial results before the market opens on Tuesday, October 24, 2023. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877)
- Asbury Automotive Group Reports Second Quarter 2023 Financial ResultsRevenue of $3.7 billion Gross profit of $713 million SG&A as a percentage of gross profit of 57.3%; adjusted SG&A as a percentage of gross profit, a non-GAAP measure, of 57.0% Operating margin of 7.7%; adjusted operating margin, a non-GAAP measure, of 7.8% Net income of $196 million; adjusted net income, a non-GAAP measure, of $188 million EPS of $9.34 per diluted share; adjusted EPS, a non-GAAP measure, of $8.95 per diluted share Adjusted EBITDA, a non-GAAP measure, of $307 million Same store parts & service revenue growth of 6% Clicklane sales of over 11,400 vehicles, an all-time record Repurchased approximately 960,000 shares for $190 million Asbury Automot
- Asbury Automotive Group Schedules Release of Second Quarter 2023 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its second quarter financial results before the market opens on Tuesday, July 25, 2023. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877) 40
- Asbury Automotive Group Reports First Quarter 2023 Financial ResultsRevenue of $3.6 billion Gross profit of $696 million SG&A as a percentage of gross profit of 57.9% Operating margin of 7.7% Net income of $181 million EPS of $8.37 per diluted share EBITDA, a non-GAAP measure, of $294 million Parts & service revenue growth of 3%; same store parts & service revenue growth of 12% All-time record Clicklane sales of over 10,800 vehicles, increase of 28% over fourth quarter 2022 Repurchased approximately 110,000 shares for $21 million Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., reported first quarter 2023 net income of $181 million ($8.37 per dilu
- Asbury Automotive Group Schedules Release of First Quarter 2023 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its first quarter financial results before the market opens on Tuesday, April 25, 2023. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877) 40
- Asbury Automotive Group Reports Record Fourth Quarter and Record Full Year 2022 Financial ResultsNet income, inclusive of gains on dealership divestitures, net, of $353 million (+151%) in the fourth quarter and $997 million (+87%) for the full year Adjusted net income, a non-GAAP measure, of $202 million (+24%) in the fourth quarter and $842 million (+54%) for the full year Adjusted EBITDA, a non-GAAP measure, of $319 million (+29%) in the fourth quarter and $1.3 billion (+61%) for the year EPS of $15.95 per diluted share (+148%) in the fourth quarter and $44.61 per diluted share (+68%) for the full year Adjusted EPS, a non-GAAP measure, of $9.12 per diluted share (+22%) in the fourth quarter and $37.66 per diluted share (+38%) for the full year Revenue of $3.7 billion (+40%
- Asbury Automotive Group Schedules Release of Fourth Quarter 2022 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its fourth quarter financial results before the market opens on Thursday, February 2, 2023. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio of the call will be accessible to the public by calling (877) 407-2988 (domestic) or +1 (201) 389-0923 (international); confirmation code – 13735471. Callers should dial in app
- Asbury Automotive Group Reports Record Third Quarter 2022 Financial ResultsThird quarter net income of $205 million, an increase of 39% over prior year quarter, and an increase of 43% over prior year quarter on an adjusted net income (a non-GAAP measure) basis (no adjustments in current quarter) Third quarter adjusted EBITDA (a non-GAAP measure) increased 54% over prior year quarter to $329 million Record third quarter EPS of $9.23 per diluted share, an increase of 22% over prior year quarter on a GAAP basis and 25% on an adjusted basis (no adjustments in the current quarter) Third quarter revenue of $3.9 billion, an increase of 61% over prior year quarter Gross profit of $768 million, an increase of 60% over prior year quarter; operating margin of 8.1%
- Asbury Automotive Group Schedules Release of Third Quarter 2022 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its third quarter financial results before the market opens on Thursday, October 27, 2022. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com/. A replay will be available on this site for 30 days. In addition, live audio of the call will be accessible to the public by calling (866) 580-3963 (domestic) or +1 (786) 697-3501 (international); confirmation code – 9193183. Callers should dial in appr
- Asbury Automotive Group Reports Record EPS of $9.07 for Second Quarter 2022, up 16% Over Prior Year Quarter, and Adjusted EPS (a non-GAAP measure) of $10.04, up 29% Over Prior Year Quarter, and an All-Time RecordSecond quarter net income of $201 million, an increase of 32% over prior year quarter, and adjusted net income (a non-GAAP measure) of $223 million, an increase of 47% over prior year quarter Second quarter adjusted EBITDA (a non-GAAP measure) increased 56% over prior year quarter to $352 million, an all-time record Second quarter revenue of $4.0 billion, an increase of 53% over prior year quarter, and gross profit of $803 million, an increase of 61% over prior year quarter Second quarter same store F&I PVR of $2,409, a 32% increase over prior year quarter Second quarter operating margin of 8.5% Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automoti
- Asbury Automotive Group Schedules Release of Second Quarter 2022 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its second quarter financial results before the market opens on Thursday, July 28, 2022. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto www.asburyauto.com/company/investor-relations. A replay will be available on this site for 30 days. In addition, live audio of the call will be accessible to the public by calling (888) 220-8474 (domestic) or +1 (646) 828-8193 (international); confirmation code – 9867232. Callers should di
- Asbury Automotive Group Reports All-Time Record EPS of $10.38, for First Quarter 2022, up 117% Over Prior Year, and Announces Update to Strategic Growth PlanFirst quarter EPS of $10.38 per diluted share, up 117% over prior year First quarter adjusted EPS of $9.27 per diluted share (a non-GAAP measure), up 98% over prior year First quarter revenue increased 78% and gross profit increased 107% over prior year quarter; operating margin of 8.2% rose 200 bps year-over-year First quarter SG&A as a percentage of gross profit decreased 520 bps over prior year to 57.5% First quarter adjusted EBITDA (a non-GAAP measure) increased 139% to $336 million New $200 million share repurchase authorization Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., reported record
- Asbury Automotive Group Schedules Release of First Quarter 2022 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its first quarter financial results before the market opens on April 28, 2022. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto www.asburyauto.com/company/investor-relations. A replay will be available on this site for 30 days. In addition, live audio of the call will be accessible to the public by calling (888) 221-3881 (domestic) or (646) 828-8193 (international); confirmation code – 2312348. Callers should dial in appr
- Asbury Automotive Group Announces Record Financial Results for Fourth Quarter and Full Year 2021 and Increase in Share Repurchase AuthorizationFourth quarter EPS of $6.44 per diluted share, up 40% over prior year EPS Fourth quarter adjusted EPS of $7.46 per diluted share (a non-GAAP measure), up 68% over prior year adjusted EPS Fourth quarter revenue increased 19% and gross profit increased 46% over prior year quarter; operating margin of 8.9% Fourth quarter SG&A as a percentage of gross profit decreased 690 bps over prior year to 54.5%, while adjusted SG&A decreased 710 bps to 54.3% Full year revenue increased 38% and gross profit increased 55% over prior year and adjusted EBITDA (a non-GAAP measure) increased 94% to $828 million Increase in the Company's share repurchase authorization by $100 million, to $200 million
- Asbury Automotive Group Schedules Release of Fourth Quarter and Full Year 2021 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its fourth quarter and full year financial results before the market opens on February 15, 2022. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto www.asburyauto.com/company/investor-relations. A replay will be available on this site for 30 days. In addition, live audio of the call will be accessible to the public by calling (888) 220-8474 (domestic) or (646) 828-8193 (international); confirmation code – 3116958. Callers shou
- Asbury Automotive Group Schedules Release of Third Quarter 2021 Financial ResultsAsbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its third quarter financial results before the market opens on Tuesday, October 26, 2021. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto www.asburyauto.com/company/investor-relations. A replay will be available on this site for 30 days. In addition, live audio of the call will be accessible to the public by calling (800) 353-6461 (domestic), or (334) 323-0501 (international); passcode – 5585333. Callers should dial in appr
- Asbury Automotive Group Adds Approximately $5.7 Billion in Annualized Revenues with Transformational Acquisition of Larry H. Miller Dealerships and Total Care Auto, Powered by LandcarAcquisition Represents: Eighth largest dealership group in the US1 Over 60 stores in the attractive Western US representing 18 franchise brands with best-in-class operators Provider of service contracts and other vehicle protection products with EBITDA margins of 20%+ Well-respected group with the leading brands in these desirable, high-growth markets Strategically Important to Asbury: Adds approximately $5.7 billion in annualized revenue Expected to generate significant value for shareholders LTM EBITDA of $360 million, including day-one cost savings Expands Asbury's footprint coast to coast and increases potential of Asbury's Clicklane omni-channel platform Diversi
- Asbury Automotive Group Announces Record Second Quarter 2021 Financial ResultsSecond quarter EPS of $7.80 per diluted share, up 204% over prior year EPS Second quarter adjusted EPS of $7.78 per diluted share (a non-GAAP measure), up 209% over prior year adjusted EPS Second quarter revenue increased 79% and gross profit increased 105% over prior year quarter Asbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., reported record net income for the second quarter 2021 of $152.1 million ($7.80 per diluted share). This compares to net income of $49.6 million ($2.57 per diluted share) in the prior year quarter. The financial measures discussed below include both GAAP and adjusted (non-GAAP) financial measures.