Welcome to our dedicated page for Asbury Automotive Group news (Ticker: ABG), a resource for investors and traders seeking the latest updates and insights on Asbury Automotive Group stock.
Asbury Automotive Group, Inc. (NYSE: ABG) is a Fortune 500 automotive retail and service company and one of the largest automotive retailers in the United States. The ABG news feed on Stock Titan aggregates company announcements, earnings releases, transaction updates, and operational news drawn from sources such as Business Wire and SEC-related disclosures.
Investors and industry followers can use this page to review quarterly and annual financial results, including earnings releases that discuss revenue, gross profit, margins, and non-GAAP measures such as adjusted net income and adjusted operating margins. Asbury regularly issues press releases ahead of and following its earnings calls, and the news stream captures scheduling notices for upcoming results as well as detailed summaries of reported performance.
Because Asbury pursues growth through acquisitions and portfolio optimization, the ABG news page also highlights transaction activity. Recent examples include the completion of the acquisition of The Herb Chambers Companies, one of the nation’s largest private auto dealership groups, and divestitures such as the sale of the Larry H. Miller CDJR Riverdale dealership. These items provide context on how Asbury is reshaping its dealership and brand mix.
Operational updates, such as the renovation of Park Place Motorcars Fort Worth and the expansion of technology platforms across markets, appear alongside corporate governance and leadership news, including CEO succession plans and board leadership changes. Recognition items, such as inclusion in Newsweek’s World’s Most Trustworthy Companies and the Financial Times’ America’s Fastest Growing Companies list, are also part of the coverage.
By checking this ABG news page regularly, readers can follow Asbury’s financial reporting, acquisition and divestiture activity, dealership initiatives, and leadership developments in one place.
Park Place Dealerships (NYSE: ABG) broke ground on a new Porsche dealership and an expanded Volvo store on Lemmon Avenue in Dallas.
Park Place purchased 15 acres in December 2024, plans a state-of-the-art Porsche dealership to be completed in 2027, and will add a Volvo service facility and renovated sales showroom expected in early 2027.
Matt Bowers Automotive Group (ABG) completed acquisition of Bill Estes Chrysler Dodge Jeep Ram in Brownsburg, Indiana, from Asbury Automotive Group on February 2, 2026. The dealership will operate as Indy Chrysler Dodge Jeep Ram, marking Matt Bowers Automotive Group's first Indiana location, expansion into five states, and its third Chrysler Dodge Jeep Ram franchise.
Asbury Automotive Group (NYSE: ABG) reported record full-year 2025 revenue of $18.0 billion and transaction adjusted EBITDA of $1.1 billion. Fourth quarter 2025 revenue was $4.7 billion (+4%) with gross profit of $793 million (+6%).
Fourth quarter net income was $60 million ($3.10 per diluted share), down 53% year‑over‑year; adjusted net income was $129 million ($6.67 per diluted share). The company repurchased ~$100 million of shares during 2025 and ended the year with $927 million total liquidity and a transaction adjusted net leverage ratio of 3.2x.
Asbury Automotive Group (NYSE: ABG) appointed Christopher DiSantis to its Board effective March 1, 2026, and named him to the Audit Committee and the Compensation & Human Resources Committee.
The Board will total 11 directors, 10 independent. Long-time director Philip Maritz will not stand for re-election and will depart at the 2026 Annual Meeting. Asbury reported it operated 171 dealerships and reached $18 billion in revenue through Mr. Maritz’s tenure.
Asbury Automotive Group (NYSE: ABG) will release its fourth quarter 2025 financial results before market open on Thursday, February 5, 2026. The company will hold a conference call at 9:00 a.m. Eastern Time the same day, with a live simulcast and live audio available to the public via the investor website. A replay will be posted on the site for 30 days. Dial-in access is provided for domestic and international participants with a passcode for entry.
Asbury Automotive Group (NYSE: ABG) was named one of America’s Most Successful Small-Cap Companies for 2026 by Forbes on January 13, 2026. The recognition covers companies with market values between $300M and $5B, positive sales growth over the prior 12 months, and a share price of at least $5, using FactSet data through October 31, 2025. Forbes ranked the top 100 by earnings growth, sales growth, return on equity and total stock return over five years, with extra weight on the most recent 12 months. Asbury highlighted strategic acquisitions, ongoing investments in its team, and a focus on becoming the most guest-centric automotive retailer.
Asbury Automotive Group (NYSE: ABG) announced a leadership succession effective after its 2026 Annual Meeting expected in May. David Hult will transition from president and CEO to Executive Chairman after an eight-year tenure. Dan Clara, currently COO, will succeed Hult as president and CEO and is expected to be nominated to the board. Bridget Ryan-Berman is expected to be named Lead Independent Director and Tom Reddin’s extended term will expire while he is expected to remain on the board. The company cited strong performance under Hult, including a 273% stock-price increase during his tenure. Additional board details will appear in the company’s proxy statement.
Asbury Automotive Group (NYSE: ABG) announced a major renovation of Park Place Motorcars Fort Worth to enhance the luxury dealership experience. The project adds a new showroom, expanded service facilities, more service bays, a larger parts department, and a reimagined client lounge called The Living Room featuring a self-service coffee bar and Mercedes‑Benz Evolution Design elements.
The dealership will remain operational during construction, with sales temporarily located within a mile adjacent to Park Place Bodywerks, and the renovation is expected to be completed in mid-2026.
Asbury Automotive Group (NYSE: ABG) sold its Larry H. Miller CDJR Riverdale dealership in Ogden, Utah to Young Automotive Group, announced October 28, 2025. Kerrigan Advisors represented Asbury in the transaction, marking Kerrigan’s 145th transaction in the region and bringing total proceeds raised for dealership clients to nearly $10 billion since 2014.
The release highlights Utah and Ogden market strength: Utah vehicle sales +29% since 2020, average dealership revenue +17% vs NADA, projected population growth of nearly 1 million over 15 years, and Ogden GDP growth >40% over five years.
Asbury Automotive Group (NYSE: ABG) reported record third quarter 2025 results: $4.8 billion revenue (+13%), $803 million gross profit (+12%), and GAAP EPS of $7.52 (+18%). Adjusted EPS was $7.17 (+13%).
Key operational items: same‑store revenue +5%, parts & service same‑store gross profit +7%, F&I per vehicle retailed of $2,182, repurchases of ~220,500 shares for $50 million, liquidity of $687 million, and transaction adjusted net leverage of 3.2x. Management cites Tekion rollout and the Herb Chambers acquisition integration.