Asbury Automotive Group · ISIN: US0434361046

Asbury Automotive Group Reports Record Fourth Quarter Results

Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported fourth quarter 2024 net income of $129 million ($6.54 per diluted share), an increase of 132% from $56 million ($2.70 per diluted share) in fourth quarter 2023. The Company reported fourth quarter 2024 adjuste...

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Most recent update: 30.01.2025 | 13:00
30 January 2025 01:00PM
Asbury Automotive Group Reports Record Fourth Quarter Results
Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported fourth quarter 2024 net income of $129 million ($6.54 per diluted share), an increase of 132% from $56 million ($2.70 per diluted share) in fourth quarter 2023. The Company reported fourth quarter 2024 adjuste...
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09 January 2025 10:30PM
Asbury Automotive Group Schedules Release of Fourth Quarter 2024 Financial Results
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 fourth quarter financial results before the market opens on Thursday, January 30, 2025. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be sim...
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10 December 2024 01:00PM
Park Place Plans Expansion On Newly Acquired Land In Texas
Park Place Dealerships, a part of Asbury Automotive Group, Inc. (NYSE: ABG), successfully completed the purchase of 15 acres of land in Dallas, Texas, from Raytheon on December 4, 2024. Known for its best-in-class client service, Park Place is expected to develop a state-of-the-art Porsche dealership on the newly purchased property, providing it...
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10 December 2024 12:00AM
Landcar Casualty Company Receives Upgraded Credit Rating from AM Best
Landcar Casualty Company (Landcar), a subsidiary of Asbury Automotive Group (Asbury), received AM Best’s upgraded Financial Strength Rating to A (Excellent) from A- (Excellent). AM Best is a global credit rating agency, news publisher, and data analytics provider which completes an annual rating review of Landcar. This refined assessment from AM B...
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21 November 2024 03:00PM
Asbury Automotive Group Named to Newsweek’s World’s Most Trustworthy Companies 2024
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., has been named in Newsweek’s World’s Most Trustworthy Companies 2024 list. Asbury ranked number 27 in the Vehicles & Components Industry. Newsweek partnered with Statista, a global data and business intelligence platform, to con...
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19 November 2024 10:45PM
Asbury Automotive Group Elects New Director to Its Board
Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury” or the “Company”), one of the largest automotive retail and service companies in the U.S., announced today the appointment of Shamla Naidoo to its Board of Directors effective January 1, 2025. The Board has appointed Ms. Naidoo to the Audit Committee and the Compensation & Human Resources Com...
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31 October 2024 12:00PM
Asbury Automotive Group’s Wendy Reynolds-Dobbs is Recognized as an Automotive News Champion of Diversity
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., is proud to announce Wendy Reynolds-Dobbs, VP and Chief DEI Officer, has been named a 2024 Automotive News Champion of Diversity. The 2024 class of Champions of Diversity was chosen by Automotive News editors and journalists from scor...
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29 October 2024 12:00PM
Asbury Automotive Group Reports Third Quarter Results
Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported third quarter 2024 net income of $126 million ($6.37 per diluted share), a decrease of 25% from $169 million ($8.19 per diluted share) in third quarter 2023. The Company reported third quarter 2024 adjusted ne...
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08 October 2024 01:00PM
Asbury Automotive Group Schedules Release of Third Quarter 2024 Financial Results
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 29, 2024. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulc...
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08 October 2024 01:09AM
Asbury Automotive Sues to Block Administrative Proceeding by the Federal Trade Commission
Asbury Automotive Group (NYSE: ABG) today announced the filing of a lawsuit on October 4, 2024 in the United States District Court for the Northern District of Texas challenging as unconstitutional an administrative proceeding filed against Asbury by the Federal Trade Commission (“FTC”). In August, Asbury rejected as false and unfounded an FTC com...
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02 October 2024 10:51PM
Asbury Automotive Wins Preliminary Injunction Against CDK Global LLC
Asbury Automotive Group (NYSE: ABG) (“Asbury”) one of the largest automotive retail and service companies in the United States, announced today the entry of a court order directing CDK Global LLC (“CDK”) to provide data for four Asbury dealerships to Tekion Corp. (“Tekion”) as part of a pilot program initiated by Asbury at the dealerships. The cou...
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17 August 2024 01:08AM
Asbury Automotive Denies Unfounded FTC Allegations, Vows a Vigorous Defense
Asbury Automotive Group (NYSE: ABG) today rejected false and unfounded allegations by the Federal Trade Commission (FTC) that three of its dealerships in the Dallas-Ft. Worth area sold protection products to customers that the customers did not agree to buy and that the dealerships discriminated against minorities in the sale of these products....
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13 August 2024 01:00PM
Asbury Automotive Group Named in America’s Fastest-Growing Companies List by the Financial Times
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S, is proud to be recognized as one of America’s Fastest-Growing Companies for 2024 by the Financial Times. With an Absolute Growth rate of 114% and a Compound Growth rate 28.88%, Asbury is ranked 327 out of 500 companies with the stron...
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