ABG
Asbury Automotive Group, Inc.242.15
-0.28-0.12%
Dec 16, 4:00:03 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
4.76BP/E (TTM)
8.50Basic EPS (TTM)
28.50Dividend Yield
0%Recent Filings
8-K
8-K
10-Q
Q2 FY2025 results
Asbury Automotive Group's Q2 revenue climbed 3% year-over-year to $4.37B, fueled by a 6% surge in new vehicle sales amid easing inventory constraints, while used vehicle revenue dipped 2% but gross margins expanded to 5.5% from 4.8%. Parts and service grew 4%, bolstering overall gross profit up 3% to $752M, though F&I softened 5% due to deferred TCA product recognition. Operating income soared 156% to $257M, absent last year's $135M impairments, with net income hitting $153M or $7.76 diluted EPS—up sharply from $1.39. Cash from operations reached $316M for the half-year, supporting $222M in divestiture proceeds; total debt stood at $3.06B with $1.12B liquidity. The Herb Chambers acquisition closed July 21 for $1.82B cash, adding 33 dealerships and $750M goodwill. Yet FTC scrutiny over add-on product sales lingers.
8-K
Q2 earnings soar; key acquisition
Asbury Automotive Group posted Q2 2025 revenue of $4.4 billion, up 3% year-over-year, with gross profit climbing 3% to $752 million and net income surging 443% to $153 million, fueled by no asset impairments unlike last year's drag. Parts and service hit a record $355 million gross profit, while used retail gross profit per unit rose 18% amid volume dips. It closed the Herb Chambers acquisition on July 21, adding $3 billion in annual revenue, but divested nine stores for $250-$270 million net proceeds. Portfolio tweaks sharpen focus, yet integration risks loom.
8-K
Asbury seals $1.45B Herb Chambers deal
Asbury Automotive Group completed its $1.45 billion acquisition of The Herb Chambers Companies' assets on July 21, 2025, adding 33 dealerships, 52 franchises, and three collision centers in the Northeastern U.S. Funded mainly by a $546.5 million real estate term loan maturing in 2035 and a $750 million expansion of its senior credit facility, the deal allocates $750 million to goodwill and $610 million to real estate. This bolsters Asbury's geographic footprint while demanding swift integration. Risks include potential failure to realize synergies.
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