{"schema_version":"secwatch.filing_event.v1","accession":"0001144980-23-000104","form_type":"8-K","ticker":"ABG","cik":"0001144980","company_name":"ASBURY AUTOMOTIVE GROUP INC","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.063295+00:00","generated_at":"2026-06-16T15:33:50.305469+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Asbury Automotive Q1 net income down 24% to $181M; EPS $8.37 vs $10.38 YoY","bullets":["Revenue $3.6B, down 8% YoY; gross profit $696M, down 12%; operating margin 7.7%.","Net income $181M ($8.37 diluted EPS) vs $238M ($10.38) prior year; adjusted EPS $8.37 vs $9.27.","Same-store parts & service revenue up 12%, gross profit up 11%; customer pay gross profit up 13%.","Clicklane record sales over 10,800 vehicles, up 28% from Q4 2022; conversion rate double traditional leads.","Repurchased ~110,000 shares for $21M in Q1; $184M remaining on authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0001144980-23-000104","json":"https://secwatch.observer/filing/0001144980-23-000104.json","markdown":"https://secwatch.observer/filing/0001144980-23-000104.md","text":"https://secwatch.observer/filing/0001144980-23-000104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144980/000114498023000104/0001144980-23-000104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144980/000114498023000104/abg-20230425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T15:33:50.305469+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":"22869e51f4ab3f8348f6479ae414af84b853c236","claim":"ASBURY AUTOMOTIVE GROUP INC reported first quarter 2023 results: revenue $3.6 billion, net income $181 million, EPS $8.37 per diluted share.","evidence_excerpt":"• Revenue of $3.6 billion • Gross profit of $696 million • SG&A as a percentage of gross profit of 57.9% • Operating margin of 7.7% • Net income of $181 million • EPS of $8.37 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1144980/000114498023000104/0001144980-23-000104-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Revenue","value":"$3.6 billion"},{"label":"Net income","value":"$181 million"},{"label":"EPS","value":"$8.37 per diluted share"},{"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"}