Asbury's resilient service and parts business drives stable profits, offsetting cyclical new/used car sales and tariff risks. The recent Herb Chambers acquisition nearly doubles the dealership footprint, supporting long-term growth and scale efficiencies. Financials remain robust: Q2 beat expectations, service revenue is up 4%, and SG&A efficiency is improving despite tech upgrade costs.
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (Asbury), one of the largest automotive retail and service companies in the U.S., has been included in Newsweek's World's Most Trustworthy Companies 2025 ranking. This respected award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The awards list was announced...
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (Asbury) one of the largest automotive retail and service companies in the U.S., is proud to announce that Asbury President and CEO, David Hult, will kick off this year's Automotive News Congress in Detroit as a keynote speaker. “We enjoy sharing ideas and discussing the automotive industry so that, together, we can continu...
Asbury Automotive Group, Inc. (NYSE:ABG ) Q2 2025 Earnings Call July 29, 2025 10:00 AM ET Company Participants Chris Reeves - Corporate Participant Daniel Clara - Chief Operating Officer David W. Hult - President, CEO & Director Michael D.
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 diluted share), an increase of 443% from $28 million ($1.39 per diluted share) in second quarter 2024. The Company reported second quarter 2025 adjusted net income, a no...
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., has completed the acquisition of The Herb Chambers Companies (HCC), the sixteenth largest by revenue privately-owned dealership group in the country. “We're thrilled to complete the acquisition of The Herb Chambers Companies' assets and...
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