About Asbury Automotive Group Inc Common Stock (ABG)
Asbury Automotive Group is a prominent automotive retailer that operates a network of dealerships across the United States. The company specializes in the sale of new and used vehicles, as well as providing various automotive services such as financing, maintenance, and repairs. Asbury aims to enhance the customer experience through innovative digital platforms and high-quality service, while representing a diverse range of automobile brands. Through its strategic acquisitions and commitment to operational excellence, the company focuses on expanding its market presence and delivering value to its customers and stakeholders. Read More
Kerrigan Advisors, the leading sell-side advisor and thought partner to auto dealers nationwide, represented Atlanta-based Asbury Automotive Group, Inc. (“Asbury”) (NYSE: ABG) in the sale of its Larry H. Miller CDJR Riverdale dealership in Ogden, Utah, to Young Automotive Group. Young Automotive Group operates dealerships in Utah, Idaho, and Montana, and ranks as the 119th largest dealership group in the US per Automotive News. Asbury, one of the largest automotive retailers in the US, has been strategically optimizing their brand portfolio mix as part of its corporate strategy.
Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported third quarter 2025 net income of $147 million ($7.52 per diluted share), an increase of 16% from $126 million ($6.37 per diluted share) in third quarter 2024. The Company reported third quarter 2025 adjusted net income, a non-GAAP measure, of $140 million ($7.17 per diluted share), an increase of 11% from $126 million ($6.35 per diluted share) in third quarter 2024.
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its third quarter financial results before the market opens on Tuesday, October 28, 2025. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time.
Richmond, VA – September 25, 2025 – CarMax Inc. (NYSE: KMX), the nation's largest retailer of used cars, experienced a dramatic stock plunge today following the release of its fiscal second-quarter earnings report for 2025. The company's shares plummeted by as much as 25% during trading, settling around a 19-23% decline, making
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 on September 3rd, 2025, and can be viewed on Newsweek’s website.
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.
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 non-GAAP measure, of $146 million ($7.43 per diluted share), an increase of 13% from $129 million ($6.40 per diluted share) in second quarter 2024.
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.
JPMorgan upgrades Cars.com and downgrades Sonic Automotive, Group 1 Automotive, and Asbury Automotive due to industry headwinds and company-specific risks.
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its second quarter financial results before the market opens on Tuesday, July 29, 2025. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time.
The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, advised Asbury Automotive Group (“Asbury”) (NYSE: ABG) on the sale of a Toyota dealership and related real estate and business operations located in Lemon Grove, Calif.
Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported first quarter 2025 net income of $132 million ($6.71 per diluted share), a decrease of 10% from $147 million ($7.21 per diluted share) in first quarter 2024. The Company reported first quarter 2025 adjusted net income, a non-GAAP measure, of $134 million ($6.82 per diluted share), a decrease of 9% from $147 million ($7.21 per diluted share) in first quarter 2024. During the full year 2024, the Company completed six divestitures that contributed estimated annualized revenue of $225 million. During the first quarter of 2025, the Company completed two divestitures that contributed estimated annualized revenue of $79 million.
