{"schema_version":"secwatch.filing_event.v1","accession":"0001144980-24-000109","form_type":"8-K","ticker":"ABG","cik":"0001144980","company_name":"ASBURY AUTOMOTIVE GROUP INC","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.464321+00:00","generated_at":"2026-06-03T07:30:07.440978+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Asbury Automotive Q1 revenue record $4.2B, EPS $7.21 down 14% YoY","bullets":["Revenue $4.2B (+17% YoY); net income $147M (-19%); diluted EPS $7.21 vs $8.37.","Same-store revenue -1%; gross profit -8%; new vehicle gross profit -23%.","Parts & service revenue +15%, gross profit +18% – record performance.","Repurchased ~240,000 shares for $50M; $153M remaining on authorization.","Adjusted net leverage ratio 2.6x; total liquidity $712M at quarter end."],"urls":{"canonical":"https://secwatch.observer/filing/0001144980-24-000109","json":"https://secwatch.observer/filing/0001144980-24-000109.json","markdown":"https://secwatch.observer/filing/0001144980-24-000109.md","text":"https://secwatch.observer/filing/0001144980-24-000109.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1144980/000114498024000109/0001144980-24-000109-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1144980/000114498024000109/abg-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T07:30:07.440978+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":"8f94effcd23f915545a80ae2b8d1b84a13eed12a","claim":"ASBURY AUTOMOTIVE GROUP INC reported three months ended March 31, 2024 results: revenue $4.2 billion, net income $147 million, EPS $7.21 per diluted share.","evidence_excerpt":"--- EX-99.1 (EX-99.1) --- Investors & Reporters May Contact: Joe Sorice Manager, Investor Relations (770) 418-8211 ir@asburyauto.com Asbury Automotive Group Reports Record $4.2 Billion in Revenue • Operating margin of 6.3% • EPS of $7.21 per diluted share • Parts and service revenue growth of 15%; parts and service gross profit growth of 18% • Repurchased","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1144980/000114498024000109/0001144980-24-000109-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"label":"Revenue","value":"$4.2 billion"},{"label":"Net income","value":"$147 million"},{"label":"EPS","value":"$7.21 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"}