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07.08.25 - 20:45
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FirstEnergy Foundation Grant Powers Asbury Park′s Comeback (PR Newswire)
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Interfaith Neighbors fuels hope and opportunity with $50,000 boost HOLMDEL, N.J., Aug. 7, 2025 /PRNewswire/ -- A $50,000 grant from the FirstEnergy Foundation is helping to energize Asbury Park's revitalization through the transformative work of Interfaith Neighbors, a nonprofit dedicated......
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29.07.25 - 13:03
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Asbury Automotive Group Reports Second Quarter Results (Business Wire)
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Revenue of $4.4 billion
Gross Profit of $752 million
All-time record Parts & Service gross profit of $355 million
Fourth quarter of sequential improvement in same store Used Retail gross profit per unit
Net income of $153 million; adjusted net income, a non-GAAP measure, of $146 million
EPS of $7.76 per diluted share; adjusted EPS, a non-GAAP measure, of $7.43 per diluted share
Completed acquisition of The Herb Chambers Automotive Group on July 21, 2025; the sixteenth largest privately-owned dealership group based on 2024 revenue with approximately $3 billion in annual revenue
Divested of nine stores in the period between April 1, 2025 through July 28, 2025 as part of ongoing capital allocation and portfolio optimization efforts; net proceeds of $250 - $270 million
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported second quarter 2025 net income of $153 million ($7.76 per diluted shar...
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21.07.25 - 23:39
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Asbury Automotive Group Completes Acquisition of Herb Chambers Dealerships (Business Wire)
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33 new vehicle dealerships in Northeastern US representing 52 new vehicle franchises
Leading market share in Massachusetts
Expected to generate significant value for shareholdersDULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., has completed the acquisition of The Herb Chambers Companies (HCC), the sixteenth largest by revenue privately-owned dealership group in the country.
“We're thrilled to complete the acquisition of The Herb Chambers Companies' assets and operations,” said David Hult, Asbury's President & CEO. “Herb redefined the car-buying experience in New England, making 'Herb Chambers' a household name, synonymous with reliability and service. The HCC team is well known for its guest-centric focus and community involvement, and we are proud to welcome the team to the Asbury family.”
“Over the past decade, I have been approached by several companies interested in acquir...
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08.07.25 - 13:18
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CANADA CARBON ANNOUNCES RECEIPT OF NECESSARY PERMITS FOR ITS THIRD DRILLING CAMPAIGN ON ASBURY GRAPHITE PROPERTY (GlobeNewswire EN)
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Montreal, Quebec, Canada, July 08, 2025 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (TSX-V: CCB), (“Canada Carbon” or “the Company”) announces that it has obtained all necessary permits from the Quebec government to commence with its third drilling campaign in three years at the Asbury Graphite Property (”Asbury”), located near the municipality of Notre-Dame-du-Laus in the province of Quebec. As Figure 1 shows below, the Company intends to complete a drilling campaign which will provide up to 5,200 meters of core when completed. The campaign will be conducted across the entire length of Asbury's 5 Kilometer mineralization trend. When added to drill campaigns conducted in 2022 and 2023, this campaign will provide the company with over 10,000 meters of core samples which will continue its ongoing de-risking activity at Asbury. Figure 1 – Planned Drill Holes for the 2025 Asbury Drill CampaignPlease Click to View Image...
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