secwatch.observer — SEC 8-K summary
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Issuer:     ASBURY AUTOMOTIVE GROUP INC (ABG)
CIK:        0001144980
Form:       8-K
Filed at:   2026-07-28T11:04:10+00:00
Accession:  0001144980-26-000089
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Asbury Q2 net income down 25% to $115M; adjusted EPS $6.82 vs $7.43 YoY
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- Revenue $4.4B; net income $115M ($6.25 diluted EPS), down 25% from $153M ($7.76) in Q2 2025.
- Adjusted net income $125M ($6.82 diluted EPS), down 15% from $146M ($7.43) YoY.
- Used retail GPU $2,002 (+16% YoY); F&I per vehicle retailed $2,216.
- Repurchased ~668k shares for $131M in Q2; $322M remaining on authorization.
- 70% of stores converted to Tekion DMS; rollout on schedule for fall 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1144980/000114498026000089/0001144980-26-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1144980/000114498026000089/abg-20260728.htm
  HTML page:      https://secwatch.observer/filing/0001144980-26-000089

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