secwatch.observer — SEC 8-K summary
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Issuer:     ASBURY AUTOMOTIVE GROUP INC (ABG)
CIK:        0001144980
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0001144980-22-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Asbury Automotive Q4 EPS $6.44, adjusted $7.46; revenue $2.7B up 19%; share repurchase auth increased.
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- GAAP EPS $6.44 diluted (+40% YoY); adjusted EPS $7.46 (+68% YoY).
- Q4 revenue $2.7B (+19%), gross profit +46%, operating margin 8.9% (+290 bps).
- Full year 2021 revenue $9.8B (+38%); adjusted EBITDA $828M (+94%).
- Board authorized $100M increase in share repurchase program to $200M total.
- Acquisitions added ~$6.6B annualized revenue; adjusted net leverage 2.7x at Dec 31.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1144980/000114498022000038/0001144980-22-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1144980/000114498022000038/abg-20220215.htm
  HTML page:      https://secwatch.observer/filing/0001144980-22-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer