{"schema_version":"secwatch.filing_event.v1","accession":"0001144980-23-000003","form_type":"8-K","ticker":"ABG","cik":"0001144980","company_name":"ASBURY AUTOMOTIVE GROUP INC","filed_at":"2023-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.982519+00:00","generated_at":"2026-06-20T01:52:38.790837+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Asbury Automotive reports record Q4 net income up 151%, adjusted EPS $9.12","bullets":["Q4 revenue $3.7B (+40%); net income $353M ($15.95 EPS); adjusted EPS $9.12 (+22%).","Full-year revenue $15.4B (+57%); adjusted EBITDA record $1.3B (+61%).","Clicklane sold record 8,400 vehicles in Q4 (24% sequential increase); 27,500 for full year.","Board increased share repurchase authorization by $108M to $200M; repurchased 1.6M shares in 2022.","Completed nine dealership divestitures in Q4 with $322M proceeds; annualized revenue ~$590M."],"urls":{"canonical":"https://secwatch.observer/filing/0001144980-23-000003","json":"https://secwatch.observer/filing/0001144980-23-000003.json","markdown":"https://secwatch.observer/filing/0001144980-23-000003.md","text":"https://secwatch.observer/filing/0001144980-23-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144980/000114498023000003/0001144980-23-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144980/000114498023000003/abg-20230202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T01:52:38.790837+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0ff4dd6e057e535a40c4d2ef502a7ed3b2bda235","claim":"ASBURY AUTOMOTIVE GROUP INC reported year ended December 31, 2022 results: revenue $15.4 billion, net income $997 million, EPS $44.61.","evidence_excerpt":"• Net income, inclusive of gains on dealership divestitures, net, of $353 million (+151%) in the fourth quarter and $997 million (+87%) for the full year • Adjusted net income, a non-GAAP measure, of $202 million (+24%) in the fourth quarter and $842 million (+54%) for the full year • Adjusted EBITDA, a non-GAAP measure, of $319 million (+29%) in the fourth quarter and $1.3 billion (+61%) for the year • EPS of $15.95 per diluted share (+148%) in the fourth quarter and $44.61 per diluted share (+68%) for the full year • Adjusted EPS, a non-GAAP measure, of $9.12 per diluted share (+22%) in the fourth quarter and $37.66 per diluted share (+38%) for the full year • Revenue of $3.7 billion (+40%) in the fourth quarter and $15.4 billion (+57%) for the full year • Gross profit of $738 million (+36%) in the fourth quarter and $3.1 billion (+63%) for the full year • Operating margin of 8.2% in the fourth quarter and 8.2% for the year; Adjusted operating margin, a non-GAAP measure, of 8.2% in t","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1144980/000114498023000003/0001144980-23-000003-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended December 31, 2022"},{"label":"Revenue","value":"$15.4 billion"},{"label":"Net income","value":"$997 million"},{"label":"EPS","value":"$44.61"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f9dfe7029f9c11d7954ba18e55930e5999020a50","claim":"ASBURY AUTOMOTIVE GROUP INC reported three months ended December 31, 2022 results: revenue $3.7 billion, net income $353 million, EPS $15.95.","evidence_excerpt":"• Net income, inclusive of gains on dealership divestitures, net, of $353 million (+151%) in the fourth quarter and $997 million (+87%) for the full year • Adjusted net income, a non-GAAP measure, of $202 million (+24%) in the fourth quarter and $842 million (+54%) for the full year • Adjusted EBITDA, a non-GAAP measure, of $319 million (+29%) in the fourth quarter and $1.3 billion (+61%) for the year • EPS of $15.95 per diluted share (+148%) in the fourth quarter and $44.61 per diluted share (+68%) for the full year • Adjusted EPS, a non-GAAP measure, of $9.12 per diluted share (+22%) in the fourth quarter and $37.66 per diluted share (+38%) for the full year • Revenue of $3.7 billion (+40%) in the fourth quarter and $15.4 billion (+57%) for the full year • Gross profit of $738 million (+36%) in the fourth quarter and $3.1 billion (+63%) for the full year • Operating margin of 8.2% in the fourth quarter and 8.2% for the year; Adjusted operating margin, a non-GAAP measure, of 8.2% in t","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1144980/000114498023000003/0001144980-23-000003-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended December 31, 2022"},{"label":"Revenue","value":"$3.7 billion"},{"label":"Net income","value":"$353 million"},{"label":"EPS","value":"$15.95"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}