Press Releases

Date Title and Summary
Toggle Summary Asbury Automotive Group Schedules Release of Third Quarter 2021 Financial Results
DULUTH, Ga. --(BUSINESS WIRE)--Oct. 8, 2021-- Asbury 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 .
Toggle Summary 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 Landcar
Acquisition Represents: Eighth largest dealership group in the US 1 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
Toggle Summary Asbury Automotive Group Announces Record Second Quarter 2021 Financial Results
Second 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 DULUTH, Ga.
Toggle Summary Asbury Automotive Group Enhances Clicklane with Addition of Accessories and Customization Platform Powered by Insignia Group
The enhancement gives Clicklane customers the ability to visualize accessories on their vehicles and purchase accessories completely online DULUTH, Ga. --(BUSINESS WIRE)--Jul. 12, 2021-- Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury” or the “Company”), one of the largest automotive retail and
Toggle Summary Asbury Automotive Group Enhances Clicklane With Salty’s Embedded Insurance®
This partnership expands customers’ ability to purchase a vehicle entirely online by delivering a competitive, bindable car insurance quote as part of the checkout experience. DULUTH, Ga. --(BUSINESS WIRE)--Jul. 8, 2021-- Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury” or the “Company”), one of
Toggle Summary Asbury Automotive Group Schedules Release of Second Quarter 2021 Financial Results
DULUTH, Ga. --(BUSINESS WIRE)--Jul. 7, 2021-- Asbury 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 July 27, 2021 .
Toggle Summary Asbury Automotive Group, Inc. Announces Appointment of Michael Welch as Chief Financial Officer
DULUTH, Ga. --(BUSINESS WIRE)--Jul. 6, 2021-- Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury” or the “Company”), one of the largest automotive retail and service companies in the U.S. , today announced that Michael Welch will join the Company as its Senior Vice President and Chief Financial
Toggle Summary Asbury Automotive Group Announces Departure of Patrick J. Guido as CFO
DULUTH, Ga. --(BUSINESS WIRE)--Jun. 28, 2021-- Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury” or the “Company”), one of the largest automotive retail and service companies in the U.S. , today announced that Patrick J. Guido provided notice of his decision to resign from the position of Senior
Toggle Summary Asbury Automotive Group Announces Record First Quarter 2021 Financial Results
First quarter EPS of $4.78 per diluted share, up 373% over prior year EPS First quarter adjusted EPS of $4.68 per diluted share (a non-GAAP measure), up 160% over prior year adjusted EPS First quarter revenue increased 36% and gross profit increased 40% over prior year quarter DULUTH, Ga.
Toggle Summary Asbury Automotive Group Schedules Release of First Quarter 2021 Financial Results
DULUTH, Ga. , April 12, 2021 /PRNewswire/ -- Asbury 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 27, 2021 .  Asbury will host a
Toggle Summary Asbury Automotive Group Announces Fourth Quarter Financial Results
Record fourth quarter EPS of $4.59 per diluted share, up 103% over prior year quarter Record full year EPS of $13.18, up 38% over prior year Fourth quarter revenue increased 18% and gross profit increased 23% over prior year quarter DULUTH, Ga. , Feb. 2, 2021 /PRNewswire/ --  Asbury Automotive
Toggle Summary Asbury Automotive Group Appoints William D. Fay, A Recently Retired Toyota Executive, To Its Board
William D. Fay's Extensive Background Provides Asbury Automotive Group with Additional Automotive Manufacturer Expertise DULUTH, Ga. , Feb. 1, 2021 /PRNewswire/ --  Asbury Automotive Group, Inc. (NYSE: ABG) ("Asbury" or the "Company"), one of the largest automotive retail and service companies in
Toggle Summary Asbury Automotive Group Schedules Release of Fourth Quarter and Full Year 2020 Financial Results
DULUTH, Ga. , Jan. 25, 2021 /PRNewswire/ -- Asbury 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 2, 2021 .  Asbury
Toggle Summary Asbury Automotive Group Launches Clicklane-- The First-Ever End-To-End Car-Buying Solution-- And Unveils Its Five-Year Strategic Vision
The innovative platform is an evolution of Asbury's PushStart tool and allows for consumers to complete the entire car-buying transaction within 15 minutes DULUTH, Ga. , Dec. 2, 2020 /PRNewswire/ --  Asbury Automotive Group, Inc. (NYSE: ABG) ("Asbury" or the "Company"), one of the largest
Toggle Summary Asbury Automotive Group to Unveil Clicklane
The industry-first tool is an evolution of Asbury's PushStart platform and is built around consumer communication technology to offer a comprehensive, true online car-buying experience DULUTH, Ga. , Nov. 23, 2020 /PRNewswire/ --  Asbury Automotive Group, Inc.
Toggle Summary Asbury Automotive Group Reschedules Call to Unveil the First Ever End-to-End Car-Buying Solution
DULUTH, Ga. , Nov. 16, 2020 /PRNewswire/ -- Asbury Automotive Group, Inc. (NYSE: ABG) ("Asbury" or the "Company"), one of the largest automotive retail and service companies in the U.S. , announced today that it will reschedule its call to announce the first-ever end-to-end car buying solution. 
Toggle Summary Asbury Automotive Group To Unveil Glovebox
DULUTH, Ga. , Nov. 10, 2020 /PRNewswire/ -- WHO:     David Hult, Chief Executive Officer & President   Dan Clara, Senior Vice President, Operations   PJ Guido, Senior Vice President & Chief Financial Officer   Miran Maric, Vice President & Chief Marketing Officer     WHAT:    The Asbury Automotive
Toggle Summary Asbury Automotive Group Announces All Time Record Third Quarter 2020 Financial Results
Third quarter EPS of $4.96 per diluted share, up 113% over prior year EPS   Record third quarter adjusted EPS of $4.08 per diluted share (a non-GAAP measure), up 75% over prior year adjusted EPS   Record adjusted operating margin of 6.6%   Record low adjusted SG&A as a percentage of gross profit of
Toggle Summary Asbury Automotive Group Reports Preliminary Results and Schedules Third Quarter 2020 Earnings Call
DULUTH, Ga. , Oct. 14, 2020 /PRNewswire/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S. , today reported preliminary financial results for the three months ended September 30, 2020 .
Toggle Summary Asbury Automotive Group Announces Pricing Of Its Private Offering Of Additional Senior Notes Due 2028 And Additional Senior Notes Due 2030
DULUTH, Ga. , Sept. 14, 2020 /PRNewswire/ --  Asbury Automotive Group, Inc.   (NYSE: ABG) ("Asbury") announced today that it has priced its previously announced private placement of senior notes, consisting of $125.0 million aggregate principal amount of additional 4.50% Senior Notes due 2028 (the