---
schema_version: "secwatch.filing_event.v1"
accession: "0001144980-25-000097"
form_type: "8-K"
ticker: "ABG"
cik: "0001144980"
company_name: "ASBURY AUTOMOTIVE GROUP INC"
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T03:27:07.844470+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Asbury Q1 net income $132M ($6.71 EPS); acquires Herb Chambers ($3B revenue)

## Summary
- Net income of $132M ($6.71 diluted EPS), down 10% YoY; adjusted EPS $6.82 (down 9%).
- Revenue $4.1B (-1% YoY); gross profit $724M (-3%); record Parts & Service GP $343M (+3%).
- Same-store new vehicle units +4% but GP -11%; used retail units -8% with GP -13%.
- Announced definitive agreement to acquire Herb Chambers Automotive Group (~$3B annual revenue).
- Liquidity $964M; transaction adjusted net leverage 2.75x at quarter end.

## SEC filing metadata
- accession: 0001144980-25-000097
- form_type: 8-K
- ticker: ABG
- cik: 0001144980
- company_name: ASBURY AUTOMOTIVE GROUP INC
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1144980/000114498025000097/0001144980-25-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1144980/000114498025000097/abg-20250429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001144980-25-000097
- JSON: https://secwatch.observer/filing/0001144980-25-000097.json
- Plain text: https://secwatch.observer/filing/0001144980-25-000097.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.