Asbury Automotive Group

Asbury Automotive Group, Inc. operates as a franchised automotive retailer. It operates through the Dealerships and Total Care Auto (TCA) segments. The Dealerships segment offers a range of automotive products and services fulfilling the entire vehicle ownership lifecycle including the sale of new and used vehicles and the provision of vehicle repair and maintenance services, replacement parts, and collision repair services. It is also involved in providing finance and insurance products. The TCA segment offers extended vehicle service contracts, prepaid maintenance contracts, vehicle theft assistance contracts, key replacement contracts, guaranteed asset protection contracts, paintless dent repair contracts, appearance protection contracts, tire and wheel, and lease wear and tear contracts. The company was founded in January 1995 and is headquartered in Duluth, GA.

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Asbury Automotive Group achieves record year, eyes growth opportunities

Asbury Automotive Group's strong financial performance in 2022 was marked by record revenue and profitability. While challenges like high prices and rates were discussed, management's focus on acquisitions and operational efficiencies presents growth opportunities. The company's strategic initiatives and market outlook for 2023 indicate a proactive approach to navigate the evolving landscape.

Asbury Automotive Group reports robust Q1 performance and growth opportunities

Asbury Automotive Group delivered a strong Q1 performance with record revenue and solid financial metrics.
Challenges in new and used vehicle sales offset by growth in parts and service revenue and digital sales success.
Maintaining healthy margins amidst supply chain challenges positions Asbury well for future stability and growth.
Opportunities exist for growth through strategic acquisitions, digital sales expansion, and new revenue streams.

Asbury Automotive Group reports strong Q2 performance and market opportunities

Asbury Automotive Group showcased strong Q2 performance and financial resilience amidst market challenges.
Preselling vehicles and focus on high PVRs in luxury and import brands highlight market demand and profitability potential.
Challenges include managing SG&A leverage, EV impact on parts and service, and risks to the 5-year plan.
Opportunities for growth include leveraging performance, optimizing balance sheet deployment, and enhancing parts and service offerings.

Asbury Automotive Group reports solid Q3 earnings, eyes strategic growth

Asbury Automotive Group's Q3 performance reflects resilience amidst market challenges, with a focus on strategic expansion and operational efficiency. Despite hurdles in brand mix and sourcing, the company remains optimistic about managing expenses and driving growth through acquisitions and debt management.

Asbury Automotive Group posts robust Q4 earnings amidst market challenges

Asbury Automotive Group's Q4 2023 earnings call highlighted strong financial results, operational challenges, and strategic initiatives for growth. The company aims to address market challenges while capitalizing on opportunities to drive profitability and efficiency.

Asbury Automotive Group reports robust Q1 performance amidst operational challenges

Asbury Automotive Group's Q1 2024 performance showcased strong financial metrics and strategic capital allocation.
Challenges in sourcing quality used vehicles and optimizing parts and service growth require attention.
Opportunities in F&I attachment rates, Clicklane transactions, and market strategies offer growth potential.
Management's focus on profitable growth and operational efficiency underpins the company's strategic direction.

Asbury Automotive Group overcomes outage to achieve record revenue

Asbury Automotive Group demonstrated resilience by achieving record revenue despite the CDK outage impact.
The company's focus on strategic capital allocation and operational efficiency positions it for sustainable growth.
Challenges from the outage highlight the importance of technological preparedness and customer experience management.
Opportunities lie in digital innovation, strategic partnerships, and enhancing service quality for future growth.

Asbury Automotive Group reports resilient Q3 performance amidst challenges

Asbury Automotive Group navigated challenges from severe weather and stop sales to deliver strong financial performance in Q3 2024.
The company's focus on profitability, parts and service business growth, and operational efficiency were key drivers of success.
While facing headwinds in the used vehicle segment, Asbury Automotive Group showcased resilience and strategic decision-making.
Addressing concerns raised by analysts and seizing opportunities for growth will be crucial for the company's future performance.

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Asbury Automotive Group, Inc. operates as a franchised automotive retailer. It operates through the Dealerships and Total Care Auto (TCA) segments. The Dealerships segment offers a range of automotive products and services fulfilling the entire vehicle ownership lifecycle including the sale of new and used vehicles and the provision of vehicle repair and maintenance services, replacement parts, and collision repair services. It is also involved in providing finance and insurance products. The TCA segment provides extended vehicle service contracts, prepaid maintenance contracts, vehicle theft assistance contracts, key replacement contracts, guaranteed asset protection contracts, paintless dent repair contracts, appearance protection contracts, tire and wheel, and lease wear and tear contracts. The company was founded in January 1995 and is headquartered in Duluth, GA.

Shares of Asbury Automotive Group (NYSE: ABG) rallied 5% after the company reported Q4 results.

Asbury Automotive Group: Q4 Earnings Insights

Asbury Automotive (ABG) delivered earnings and revenue surprises of 7.66% and 0.79%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Asbury Automotive Group (ABG) Surpasses Q4 Earnings and Revenue Estimates

Shares of Asbury Automotive Group Inc. ABG, -3.00% shot up 3.8% in premarket trading Monday, after the auto retailer reported fourth-quarter profit and revenue that rose above expectations.

Asbury Automotive's stock jumps after profit, revenue rise above expectations

Asbury Automotive (ABG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings.

Why Asbury Automotive (ABG) Might Surprise This Earnings Season

Asbury Automotive Group, Inc. (ABG) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

Asbury Automotive Enters Oversold Territory

Let's see if Asbury Automotive Group, Inc. (ABG) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Should Value Investors Pick Asbury Automotive (ABG) Stock?

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Asbury Automotive (ABG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Asbury Automotive (ABG) Moves to Strong Buy: Rationale Behind the Upgrade

Asbury Automotive Group Inc. ABG, +3.98% said Thursday it has reached an agreement to acquire assets of Park Place Dealerships in an all-cash deal valued at $1 billion.

Asbury Automotive to acquire luxury dealerships from Park Place in cash deal valued at $1 billion

Asbury Automotive Group, Inc. (ABG) CEO David Hult on Q3 2019 Results - Earnings Call Transcript

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Asbury Automotive (ABG) to Post Q3 Earnings: What's in Store?

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Asbury Automotive (ABG) Hits 52-Week High, Can the Run Continue?

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Asbury Automotive Group, Inc. (ABG) CEO David Hult on Q2 2019 Results - Earnings Call Transcript

Asbury Automotive (ABG) delivered earnings and revenue surprises of 4.85% and 0.44%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

News for Asbury Automotive Group Stock (ABG)