Asbury Automotive Group INC

Asbury Automotive Group announced second quarter 2026 financial results, with revenue holding steady at $4.4 billion but net income decreasing 25% year-over-year.

Asbury Automotive Group's stockholders approved amendments to eliminate supermajority voting requirements at the 2026 Annual Meeting.

Asbury Automotive Group reported a 42% increase in net income to $188 million for Q1 2026, driven by divestitures, but adjusted net income fell 24% due to Tekion implementation and weather impacts.

Asbury Automotive Group reported record annual revenue of $18 billion for 2025, alongside a 4% increase in fourth-quarter revenue to $4.7 billion, despite a 53% decrease in GAAP net income for the quarter.

Asbury Automotive Group announced the appointment of Christopher DiSantis to its Board of Directors and a reduction in the stockholder threshold for calling special meetings.

Asbury Automotive Group names COO Daniel Clara as new CEO, succeeding David Hult who transitions to Executive Chairman after a period of significant growth.

Asbury Automotive Group reports mixed Q2 2026 results with revenue slightly up, but net income down due to increased expenses and lower new vehicle gross profit.

Asbury Automotive Group reported a 42% increase in net income for Q1 2026, driven by significant gains from dealership divestitures despite a slight decline in total revenue.

Asbury Automotive Group reports strong Q3 2025 results, fueled by the Herb Chambers acquisition and robust parts and service performance, despite softening new vehicle margins.

Asbury Automotive Group announced a significant increase in net income and earnings per share for the second quarter and first half of 2025, driven by strategic acquisitions, improved operating efficiency, and growth in new vehicle and parts & service segments.

Asbury Automotive Group's Q1 2025 results reveal a decrease in revenue and gross profit, impacted by impairment charges and softening vehicle margins, despite increased new vehicle sales.

Asbury Automotive Group's Q3 2024 results show revenue growth driven by acquisitions, but profits were impacted by declining margins, increased expenses, and one-time events.

Asbury Automotive Group's 2024 results show revenue growth driven by acquisitions, but net income declined due to increased expenses and asset impairments, while the company announced a significant acquisition of Herb Chambers Dealerships.

Asbury Automotive Group's 2023 results show a decrease in consolidated revenue and gross profit, driven by lower used vehicle and F&I revenue, alongside a strategic outlook update targeting $30 billion or more in revenue by 2030.

Jed Milstein, SVP & CHRO of Asbury Automotive Group Inc, sold 948 shares of common stock on July 29, 2026 for $250.28 per share.

Dean Calloway, SVP, General Counsel & Secretary of Asbury Automotive Group, reported a transaction involving the withholding of shares for tax payments upon the vesting of a restricted stock award.

Asbury Automotive Group Director B. Christopher DiSantis purchased 157 shares of common stock at $182.31 per share.

Clara Daniel, CEO of Asbury Automotive Group, acquired 4,532 shares of common stock through a restricted stock unit grant.

Jed Milstein, SVP & CHRO of Asbury Automotive Group Inc., reported transactions involving common stock, including share withholdings for taxes and vesting of performance share units.

Asbury Automotive Group's CEO, David W. Hult, reported a gift of 5,085 shares of common stock, reducing his direct beneficial ownership to 85,598 shares.

Asbury Automotive Group announces a planned CEO transition and significant corporate governance enhancements, including the elimination of supermajority voting requirements.

Asbury Automotive Group's 2025 Annual Meeting of Stockholders will address director elections, executive compensation, auditor ratification, and a stockholder proposal on simple majority voting.

Asbury Automotive Group's proxy statement details proposals for the upcoming annual meeting, including director elections, executive compensation approval, and auditor ratification.

Impactive Capital LP and associated entities have reduced their beneficial ownership of Asbury Automotive Group Inc. shares to below 5%.

Impactive Capital LP, along with its affiliates, has reduced its beneficial ownership in Asbury Automotive Group Inc. to 6.3% of outstanding common stock, citing portfolio rebalancing as the reason for recent share sales.

Impactive Capital LP and its affiliates have significantly reduced their beneficial ownership in Asbury Automotive Group Inc. to 7.6% and exited previously disclosed cash-settled total return swap agreements, citing portfolio rebalancing.

Vanguard Capital Management has reported beneficial ownership of 5.23% of Asbury Automotive Group Inc.'s common stock as of March 31, 2026.

Vanguard Portfolio Management has reported beneficial ownership of 5.88% of Asbury Automotive Group Inc.'s common stock as of March 31, 2026.

The Vanguard Group, Inc. filed an amended Schedule 13G for Asbury Automotive Group Inc., reporting 0% beneficial ownership following an internal realignment.

Eminence Capital, LP and Ricky C. Sandler reported a 4.95% beneficial ownership stake in Asbury Automotive Group Inc., totaling 972,405 shares.

Eminence Capital and Ricky C. Sandler have disclosed a passive 5.1% beneficial ownership stake in Asbury Automotive Group Inc.

Neuberger Berman Group LLC and its affiliate have filed an amended Schedule 13G, indicating a 3.5% beneficial ownership stake in Asbury Automotive Group Inc. as of April 30, 2025.