Asbury Automotive Group Inc
NYSE:ABG

Watchlist Manager
Asbury Automotive Group Inc Logo
Asbury Automotive Group Inc
NYSE:ABG
Watchlist
Price: 241.99 USD 0.26% Market Closed
Market Cap: 4.7B USD
Have any thoughts about
Asbury Automotive Group Inc?
Write Note

Asbury Automotive Group Inc
Investor Relations

Asbury Automotive Group Inc., an established entity in the automotive retailing sector, has carved out a remarkable presence in the bustling world of vehicle sales and services. The company, based in Duluth, Georgia, operates a network of over 100 dealerships, offering new and pre-owned vehicles across a multitude of brands, including domestic, luxury, and import names. Asbury connects with customers not only in the showroom but also through its strong online presence, capitalizing on the shifting consumer preferences toward digital purchasing. By leveraging an omnichannel sales approach, Asbury provides a seamless car-buying experience that integrates the digital with the physical—a hallmark of its adaptive and customer-centric business model.

The company’s revenue streams flow robustly from four primary sources: vehicle sales, finance and insurance products, parts and service, and the sale of pre-owned vehicles. New vehicle sales draw in a significant portion of earnings, but it is through their robust F&I (Finance and Insurance) segment that Asbury secures high-margin gains, offering loans, warranties, and insurance products to car buyers. Moreover, the recurrent demand for vehicle maintenance and repair fuels their parts and services division, a dependable and lucrative contributor to their bottom line, offering a consistent income stream regardless of economic fluctuations. This multifaceted approach underlines Asbury's resilience and capability to sustain profitability in the ever-evolving automotive industry landscape.

Show more

Earnings Calls

Show Transcript
Previous
Next
Loading

Management

Mr. David W. Hult
President, CEO & Director
No Bio Available
Mr. Michael D. Welch CPA
Senior VP & CFO
No Bio Available
Mr. Daniel Clara
Senior Vice President of Operations
No Bio Available
Mr. Jed M. Milstein
Senior VP & Chief Human Resources Officer
No Bio Available
Mr. George A. Villasana J.D.
Special Advisor
No Bio Available
Mr. Nathan Edward Briesemeister
VP, Chief Accounting Officer & Controller
No Bio Available
Mr. Barry Cohen
Chief Information Officer & VP
No Bio Available
Mr. Dean A. Calloway
SVP, General Counsel and Secretary
No Bio Available
Mr. Miran Maric
Senior Vice President of Strategy & Innovation
No Bio Available
Ms. Karen Reid
VP- Corporate FP&A and Treasurer
No Bio Available

Contacts

Address
GEORGIA
Duluth
2905 Premiere Pkwy Ste 300
Contacts
+17704188200.0
www.asburyauto.com