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 reports developments as a U.S. automotive retail and service company operating automobile dealerships and collision centers across 14 states. Company news commonly covers new- and used-vehicle sales, parts and service, finance and insurance products, quarterly operating results, and digital retail initiatives such as Clicklane and the Tekion dealer management system.
Updates also track portfolio management through dealership acquisitions and divestitures, capital allocation through share repurchase authorizations and leverage metrics, and governance changes including executive and board transitions. Asbury’s releases frequently frame performance around store mix, luxury and import brands, Total Care Auto products, liquidity, and dealership support operations.
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.
Asbury Automotive Group (NYSE: ABG) will release Q3 2025 financial results before the market opens on Tuesday, October 28, 2025. A conference call is scheduled the same day at 10:00 a.m. Eastern Time and will be simulcast live at https://investors.asburyauto.com. A replay of the webcast will be available on the site for 30 days. Live audio access is available via domestic and international dial‑in; callers may join five to ten minutes before the call. Participants should use the provided passcode to access the line.
Asbury Automotive Group (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., has been named to Newsweek's World's Most Trustworthy Companies 2025 list for the second consecutive year. The recognition is based on an extensive survey of over 65,000 participants across 23 industries in 20 countries.
The evaluation process included analysis of approximately 200,000 evaluations focusing on three key areas: Investor Trust, Customer Trust, and Employee Trust. Companies were also subject to social listening analysis examining sentiment across various media platforms. Only stock-listed companies with revenue exceeding $500 million USD were considered for this recognition.
Asbury Automotive Group (NYSE:ABG) announced that President and CEO David Hult will serve as a keynote speaker at the upcoming Automotive News Congress in Detroit on September 10-11, 2025.
The event will feature prominent industry leaders including GM CEO Mary Barra and Hyundai Executive Chair Euisun Chung. The congress will include facility tours at GM's Global Technical Center and recognition events for Automotive News Rising Stars and All-Stars Awards.