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Stock impact report

Asbury Automotive Group Reports First Quarter Results

Asbury Automotive Group Inc (ABG) 
Last asbury automotive group inc earnings: 2/3 07:00 am Check Earnings Report
Company Research Source: Business Wire
Revenue of $4.1 billionGross Profit of $727 millionUsed 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 shareNet income of $188 million; adjusted net income, a non-GAAP measure, of $102 millionRepurchased approximately 678,000 shares for $147 millionOver 50% of stores converted to Tekion as of April 28, 2026 ATLANTA--(BUSINESS WIRE)--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 share) in first quarter 2025. The Company reported first quarter 2026 adjusted net income, a non-GAAP measure, of $102 million ($5.37 per diluted share), a decrease of 24% from $134 million ($6.82 per diluted share) in first quarter 2025. The Company also divested ten dealerships and terminated sev Show less Read more
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