ASBURY AUTOMOTIVE GROUP INC (ABG) Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It operates through Dealerships; and Total Care Auto, Powered by Asbury (TCA) segments. The company offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, collision repair, and reconditioning services for used vehicles. It also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended vehicle service contracts, guaranteed asset protection debt cancellation, prepaid maintenance contracts, key replacement contracts, paintless dent repair contracts, appearance protection contracts, tire and wheel, and lease wear and tear contracts. The company sells its products and services to individual retail customers, other dealers, and licensed wholesalers through its network of dealerships, as well as at auctions. Asbury Automotive Group, Inc. was founded in 1996 and is headquartered in Atlanta, Georgia.
Sector: Retail-Auto Dealers & Gasoline Stations
Industry: Auto - Dealerships
Asbury Automotive Group, Inc. NYSE:ABG Consumer Cyclical · Auto - Dealerships
CLOSED · Nov 3 $197.77 CLOSED · Nov 3 Prev close $206.67 Close $197.77 0.00% AH close $197.77 VOL 271K $ Vol $54.19M RVOL 0.76x
Mkt Cap $3.55B
VOL 271K sh
$ Vol $54.19M
RVOL 0.76×
Press Release
Asbury Automotive Group Named in Best Companies to Work For List by U.S. News & World Report
Asbury Automotive Group was named by U.S. News & World Report as one of the 2026-2027 Best Companies to Work For, recognized in the Manufacturing and Agriculture and South categories.
The rating places Asbury among the top 25% across 14 industries based on employee sentiment factors including pay and benefits, work-life balance, and career opportunities.
This is a reputational honor with no direct financial impact; as of September 30, 2026, Asbury operated 155 dealerships, 197 franchises, and 37 collision repair centers.
• 5d ago AI analysis › Press Release ● Major ⚠ 3
Asbury Automotive Group Reports Third Quarter Results
Asbury Automotive reported Q3 2026 revenue of $4.4 billion, down 8% year-over-year, with GAAP net income of $105 million ($5.84 diluted EPS), a 29% decline from $147 million a year ago.
Adjusted net income fell 21% to $111 million ($6.16 per diluted share), and SG&A as a percentage of gross profit worsened to 68.5% from 65.7%, reflecting volume and margin pressure across new and used vehicles.
Management highlighted completion of the company-wide Tekion DMS conversion in October, with mature Tekion markets showing customer pay gross profit up 7%; the company also repurchased $278 million of stock year-to-date and retains $322 million on its authorization, with transaction adjusted net leverage at 3.5x.
• 7d ago AI analysis › Press Release ⚠ 1
The Presidio Group Exclusively Advised Asbury Automotive Group on the Sale of Kia of Owings Mills to Stivers Automotive Group
Asbury Automotive Group completed the sale of Kia of Owings Mills and its related real estate to Stivers Automotive Group, with the transaction closing Oct. 19.
The divestiture advances Asbury's portfolio-management strategy of concentrating resources on its core business and key expansion opportunities; no transaction value was disclosed.
Presidio, which exclusively advised Asbury, has now helped the company sell 10 dealerships and one collision center across three markets in 2026.
• 13d ago AI analysis › Press Release
Asbury Automotive Group Schedules Release of Third Quarter 2026 Financial Results
Asbury Automotive Group (NYSE: ABG) will release its third quarter 2026 financial results before market open on Tuesday, October 27, 2026.
The company will host a conference call at 10:00 a.m. ET that day, with a live webcast at investors.asburyauto.com and a 30-day replay.
Asbury, a Fortune 500 automotive retailer, operated 155 new vehicle dealerships with 197 franchises as of September 30, 2026.
• 28d ago AI analysis › Press Release
Asbury Automotive Group Celebrates Grand Opening of Herb Chambers Toyota of Boston
Asbury Automotive celebrated the grand opening of its renovated Herb Chambers Toyota of Boston dealership at 400 Mystic Avenue in Medford, converting a former five-acre office campus into a 200,000+ square-foot automotive campus.
The facility includes a new three-story, 120,000-square-foot addition, 37 service bays (nearly triple prior capacity), and parking for more than 570 vehicles, with rooftop solar planned for late 2026.
The opening follows Asbury's July 2025 acquisition of The Herb Chambers Companies and created approximately 50 new Medford-area jobs, reinforcing integration of the acquired dealership network.
• 1mo ago AI analysis › Press Release
Asbury Automotive Group Announces Appointment of Senior Vice President and Chief Human Resources Officer
Asbury Automotive Group appointed Wendy Reynolds-Dobbs as Senior Vice President and Chief Human Resources Officer, effective September 14, 2026.
Reynolds-Dobbs has served as interim CHRO since joining Asbury in 2022 and will replace Jed Milstein, who will provide consulting services through year-end.
CEO Daniel Clara praised the appointment, citing Reynolds-Dobbs as a transformative leader who has driven the company's culture and talent development.
• 2mo ago AI analysis › Press Release ⚠ 2
Asbury Automotive Group Reports Second Quarter Results
Asbury Automotive Group reported second quarter revenue of approximately $4.4 billion, essentially flat year-over-year, while net income fell 25% to $115 million.
GAAP EPS was $6.25, down from $7.76 in the prior year, with adjusted EPS of $6.82 reflecting a smaller 8% decline after excluding Tekion implementation costs and weather-related losses.
The company repurchased approximately 668,000 shares for $131 million during the quarter, leaving roughly $322 million remaining on its authorization.
• 3mo ago AI analysis › Press Release
Asbury Automotive Group Named in TIME America’s Best Companies 2026 List
Asbury Automotive Group was named to TIME’s America’s Best Companies 2026 list, a recognition based on employee satisfaction, financial performance, and sustainability transparency.
The award is presented in collaboration with Statista, which analyzed survey data from ~217,000 employees and financial metrics including revenue growth and return on assets.
CEO Dan Clara cited the dedication of team members as the driver behind the honor, reaffirming the company’s mission to be the most guest-centric automotive retailer.
• 3mo ago AI analysis › Press Release
Asbury Automotive Group Schedules Release of Second Quarter 2026 Financial Results
Asbury Automotive Group will release its second quarter 2026 financial results before the market opens on Tuesday, July 28, 2026.
The company will host a conference call at 10:00 a.m. Eastern Time later that day, accessible via its investor relations website or by phone.
Asbury operates 158 new vehicle dealerships with 202 franchises across 34 brands, plus 37 collision repair centers and its Total Care Auto service contract business.
• 3mo ago AI analysis › Press Release
Asbury Automotive Group Releases 2025 Corporate Responsibility Report
Asbury Automotive Group published its 2025 Corporate Responsibility Report, highlighting initiatives focused on reducing environmental impact and supporting local communities.
CEO Daniel Clara emphasized the company's commitment to integrating social responsibility into core operations to strengthen its role as a responsible corporate citizen.
The report details the company's progress in ethics, accountability, and team member investment over the past year.
• 4mo ago AI analysis › Press Release ● Major
Asbury Automotive Group CEO David Hult transitions to Executive Chairman following a transformative eight-year tenure
Asbury Automotive Group announced that CEO David Hult has transitioned to Executive Chairman, effective immediately, following an eight-year tenure where revenue more than doubled.
Dan Clara has been appointed as the new CEO, succeeding Hult in a planned leadership transition that keeps the outgoing executive involved as Chairman.
The company highlighted Hult's legacy of growth through acquisitions and the launch of digital retail tools like Clicklane, while Clara aims to build on this foundation.
• 6mo ago AI analysis › Press Release ● Major ⚠ 2
Asbury Automotive Group Reports First Quarter Results
Asbury Automotive reported Q1 2026 GAAP net income of $188 million, or $9.87 per share, a 47% increase from the prior year, largely due to a $94 million net gain on divestitures. However, adjusted net income decreased 24% to $102 million, or $5.37 per share, reflecting weather-related losses and costs associated with the Tekion DMS rollout. Total revenue dipped 1% year-over-year to $4.1 billion.
The company actively optimized its portfolio by divesting ten dealerships and terminating seven franchises, generating $210 million in net proceeds. These actions are part of a broader capital allocation strategy that included repurchasing approximately 678,000 shares for $147 million during the quarter.
Liquidity remains robust with $1.2 billion available, and the board has authorized a total of $500 million for share repurchases, with roughly $453 million remaining as of quarter end. Management noted headwinds from adverse weather and the new DMS implementation but expressed confidence in long-term efficiency gains.
• 6mo ago AI analysis › Press Release
Liquidity Provider Agreement with ABG Sundal Collier ASA
globenewswire.com • 6mo ago Press Release
Asbury Automotive Group Unveils New Sandy Springs Dealership Support Center with Grand Opening Ribbon Cutting Ceremony
businesswire.com • 6mo ago Press Release ● Major
Asbury Automotive Group Schedules Release of First Quarter 2026 Financial Results
businesswire.com • 6mo ago 
