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ATLANTA--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., announced the formal transition of David Hult from CEO to Executive Chairman effective May 4th, 2026. “During his tenure, David Hult led Asbury through the largest period of growth in the company's history,” said Tom Reddin, Asbury's Non-Ex...
ATLANTA--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported first quarter 2026 net income of $188 million ($9.87 per diluted share), an increase of 42% from $132 million ($6.71 per diluted share) in first quarter 2025. The Company reported first quarter 2026 adjusted net income, a non-GAAP ...
ATLANTA--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the United States, today celebrated the grand opening of the Company's state-of-the-art Dealership Support Center. Renovation on the new Dealership Support Center, located at 6655 Peachtree Dunwoody Road, in the heart of Sandy Springs, began in 2025 ...
13D Management sold 21,337 shares of Asbury Automotive Group in the fourth quarter of 2025. 13D reported a stake worth $5.2 million in its previous quarter's 13F.
GREENVILLE, S.C.--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised Asbury Automotive Group (“Asbury”) on the sale of three dealerships in Greenville, S.C., to RBM of Atlanta (“RBM”). The transaction, which incl...
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