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.
used-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.