development occurred in 2007 with the sale of all ownership interests by the company's private equity founders. Asbury Automotive Group is a nationwide collection of automobile dealerships that went public in March 2002. The company operates
July 22 (Reuters) - U.S. auto dealer Asbury Automotive Group Inc posted a 33 percent jump in quarterly profit, driven by strong demand for luxury vehicles.
car stores are recent proof of that. In 2013 and 2014, franchise vehicle dealerships Sonic Automotive and Asbury Automotive Group both announced plans to open stand-alone used vehicle stores. Sonic wants to have a lot of stores over time
Asbury Automotive Group reported an all-time record quarter to start the year, with EPS from continuing operations coming in at $1.03, well above
commission nature. In 2013, F&I contributed 16.6% of total gross profit at Penske, compared with 23.6% at Asbury Automotive Group ABG. Although most dealerships are good businesses, we think the large publicly traded dealers are best positioned
(Reuters) - U.S. auto dealer Asbury Automotive Group Inc posted a better-than-expected quarterly profit as easier availability of loans amid an improving economy encouraged more people to buy cars.
Asbury Automotive Group reported record third-quarter results Tuesday, and adjusted earnings per share from continuing operations of $0.91 beat consensus
Asbury Automotive Group ABG reported another excellent quarter, with adjusted earnings per share from continuing operations of $0.98 in the second
Automotive SAH (rating: BB-, narrow moat), Penske Automotive Group PAG (rating: BB-, narrow moat), and Asbury Automotive Group ABG (rating: BB, narrow moat) during the quarter. While we largely see the homebuilding sector as fairly
(Reuters) - Asbury Automotive Group , one of the largest U.S. auto dealer chains, said its second-quarter profit rose nearly 49 percent, boosted by its finance and insurance operations.