Asbury Automotive Group Inc
ABG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >^< | LOCK|$H#Y | LOCK|@!<LfN |
Asbury Earnings: Tekion Rollout Progressing While Service Shines
Asbury Automotive Group's second-quarter same-store revenue declined 6.6% year over year, with all segments down except for service, which increased about 1%. Management said the firmwide conversion to the Tekion dealer management system is 70% complete and will finish in October.
