Asbury Automotive Group Inc
ABG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| G%$ | LOCK|!@xC | LOCK|&vL@gg |
Asbury Earnings: Tekion Switchover and Debt Reduction on Track
Asbury Automotive's fourth-quarter earnings showed that debt reduction following the Herb Chambers acquisition is ahead of management's timeline, and the Tekion dealer management conversion is now at over 25% of all stores, with 23 more stores converted since the third quarter.
