Operating 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 DULUTH, Ga. --(BUSINESS WIRE)--Apr. 25, 2024-- Asbury Automotive Group, Inc.
Chief Legal Officer George Villasana to retire after 12 years of service Long-term transition plan will ensure an orderly succession Company is conducting comprehensive Chief Legal Officer selection process DULUTH, Ga. --(BUSINESS WIRE)--Apr. 19, 2024-- Asbury Automotive Group, Inc.
DULUTH, Ga. --(BUSINESS WIRE)--Apr. 16, 2024-- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S. , has published its 2023 Corporate Responsibility Report to present its Environmental, Social and Governance (“ESG”) commitments and
DULUTH, Ga. --(BUSINESS WIRE)--Apr. 9, 2024-- 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 Thursday, April 25, 2024 .
Revenue 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
DULUTH, Ga. --(BUSINESS WIRE)--Jan. 16, 2024-- 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 financial results before the market opens on Thursday, February 8, 2024 .
Largest auto retail acquisition since 2021 includes 29 franchises, six collision centers, 20 dealerships in Virginia , Maryland and Delaware and one of the U.S.’ highest volume Toyota dealerships DULUTH, Ga. --(BUSINESS WIRE)--Dec. 11, 2023-- Asbury Automotive Group, Inc.
Revenue 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
DULUTH, Ga. --(BUSINESS WIRE)--Oct. 20, 2023-- Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S. , announced today that it has been named by U.S News & World Report as a Best Company to Work for in the Retailers
DULUTH, Ga. --(BUSINESS WIRE)--Oct. 9, 2023-- 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 24, 2023 .
Sale of ninth largest private dealership group in the US includes 29 franchises, six collision centers, 20 dealerships in Virginia , Maryland and Delaware and one of the U.S.’ highest volume Toyota dealerships. DULUTH, Ga. --(BUSINESS WIRE)--Sep. 8, 2023-- Asbury Automotive Group, Inc.
DULUTH, Ga. --(BUSINESS WIRE)--Sep. 5, 2023-- Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S. , announced today that it is recognized as one of America’s Greatest Workplaces 2023 by Newsweek and Plant-A Insights
Revenue 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
DULUTH, Ga. --(BUSINESS WIRE)--Jul. 10, 2023-- 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 Tuesday, July 25, 2023 .
DULUTH, Ga. --(BUSINESS WIRE)--May 26, 2023-- Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S. , today announced its board of directors approved a new authorization to repurchase up to $250 million shares of the
Revenue 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
DULUTH, Ga. --(BUSINESS WIRE)--Apr. 11, 2023-- 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 Tuesday, April 25, 2023 .
DULUTH, Ga. --(BUSINESS WIRE)--Mar. 28, 2023-- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S. , has published its 2022 Corporate Responsibility Report to present its Environmental, Social and Governance (“ESG”) commitments and
Net 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
DULUTH, Ga. --(BUSINESS WIRE)--Jan. 26, 2023-- Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S. , today announced its board of directors increased the Company’s common stock repurchase authorization by $108 million to