Highest-materiality recent filing
Asbury Automotive appoints Daniel Clara CEO; employment agreement details disclosed
Daniel Clara promoted to President and CEO effective May 4, 2026, succeeding prior leadership.
Asbury Q1 GAAP EPS $9.87 on gain from divestitures; adjusted EPS $5.37 down 24% YoY
GAAP net income $188M ($9.87/diluted) up 42% YoY; adjusted net income $102M ($5.37/diluted) down 24%.
Asbury Q4 net income down 53% to $60M; adjusted EPS $6.67; record annual revenue $18B
Q4 net income $60M ($3.10 diluted EPS) down 53% YoY; adjusted net income $129M ($6.67 adj. EPS) down 10%.
Asbury Automotive CEO David Hult to become Executive Chairman; COO Dan Clara named CEO
Hult transitions to Executive Chairman after May 2026 Annual Meeting; Clara (current COO) becomes President and CEO.
Asbury Automotive reports record Q3 revenue of $4.8B, EPS $7.52 (+18% YoY)
Revenue $4.8B (+13% YoY); gross profit $803M (+12%); net income $147M.
Asbury Automotive files Herb Chambers financials; Q1 revenue $786M
Herb Chambers total assets $1.08B as of March 31, 2025; net income $7.2M for Q1.
Asbury Q2 GAAP EPS $7.76, adjusted $7.43; revenue $4.4B; acquires Herb Chambers
GAAP EPS $7.76 vs $1.39 YoY; adjusted EPS $7.43 vs $6.40 YoY (up 13%).
Asbury completes $1.45B acquisition of Herb Chambers Companies; adds 33 dealerships in Northeast
Aggregate net purchase price $1.45B including $750M goodwill, $610M real estate, $85M other assets net of $375M floorplan.
Asbury Q1 net income $132M ($6.71 EPS); acquires Herb Chambers ($3B revenue)
Net income of $132M ($6.71 diluted EPS), down 10% YoY; adjusted EPS $6.82 (down 9%).
Asbury Automotive extends credit lines by $775M total to fund Herb Chambers acquisition
Revolving credit facility increased from $500M to $925M.
Asbury Automotive to acquire Herb Chambers Companies for $1.34B
Purchase price $1.34B, including $750M goodwill and ~$590M real estate; no financing condition.
Asbury Q4 record revenue $4.5B, adj. EPS $7.26, parts & service +19%
Net income $129M ($6.54 diluted EPS), up 132% YoY; adjusted net income $143M ($7.26 diluted EPS), down 2% YoY.
Asbury Q3 net income falls 25% to $126M; revenue up 16% to $4.2B
Net income $126M ($6.37 diluted EPS) vs $169M ($8.19) YoY; adjusted EPS $6.35 vs $8.12.
FTC files complaint against Asbury Automotive over add-on product sales; company denies allegations
FTC complaint filed Aug 16, 2024, alleging violation of FTC Act and Equal Credit Opportunity Act at three Dallas-area dealerships.
Asbury Q2 net income down 86% to $28M on CDK cyber disruption and $101M impairment
GAAP EPS $1.39 vs $9.34 YoY; adjusted EPS $6.40 vs $8.95, down 31%.
Asbury Automotive reports cyber-attack on vendor CDK Global disrupting operations
Learned June 19, 2024, that CDK Global experienced cyber-attack impacting sales, service, inventory, CRM, and accounting functions.
Asbury Automotive Q1 revenue record $4.2B, EPS $7.21 down 14% YoY
Revenue $4.2B (+17% YoY); net income $147M (-19%); diluted EPS $7.21 vs $8.37.
ABG Chief Legal Officer George Villasana to retire; search for successor underway
George Villasana will retire as SVP, CLO and Secretary effective June 30, 2024.
On May 4, 2026 (the “Transition Date”), the Company announced that it had entered into an employment agreement with Daniel Clara (the “Clara Agreement”) in connection with his promotion to President and Chief Executive Officer of the Company
appointed Shamla Naidoo to serve as a member of the Board effective January 1, 2025.
George A. Villasana, the Company’s Senior Vice President, Chief Legal Officer and Secretary will retire from those positions effective June 30, 2024.
Max materiality 0.90 · Median 0.72 · Most common event earnings