secwatch.observer — SEC 8-K summary
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Issuer:     ASBURY AUTOMOTIVE GROUP INC (ABG)
CIK:        0001144980
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0001144980-25-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Asbury Q4 record revenue $4.5B, adj. EPS $7.26, parts & service +19%
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- Net income $129M ($6.54 diluted EPS), up 132% YoY; adjusted net income $143M ($7.26 diluted EPS), down 2% YoY.
- Record quarterly revenue $4.5B (+18%); parts & service gross profit $340M (+19%) also a record.
- Same-store parts & service gross profit +11%; SG&A as % of gross profit improved 137 bps vs Q3 2024.
- Full year 2024 revenue $17.2B (+16%); adjusted EBITDA $982M (-13% YoY).
- Repurchased ~830k shares for $183M in 2024; $276M remaining on authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1144980/000114498025000008/0001144980-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1144980/000114498025000008/abg-20250130.htm
  HTML page:      https://secwatch.observer/filing/0001144980-25-000008

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