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Asbury Automotive Group Reports Second 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 $4.4 billionGross Profit of $752 millionAll-time record Parts & Service gross profit of $355 millionFourth quarter of sequential improvement in same store Used Retail gross profit per unitNet income of $153 million; adjusted net income, a non-GAAP measure, of $146 millionEPS of $7.76 per diluted share; adjusted EPS, a non-GAAP measure, of $7.43 per diluted shareCompleted 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 revenueDivested of nine stores in the period between April 1, 2025 through July 28, 2025 as part of ongoing capital allocation and portfolio optimization efforts; net proceeds of $250 - $270 million DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported second quarter 2025 net income of $153 million ($7.76 per Show less Read more
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