ASBURY Aktie

 

CORONA, Calif.--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, advised Asbury Automotive Group (“Asbury”) (NYSE: ABG) on the sale of a Toyota dealership and related real estate and business operations located in Corona, Calif. The transaction closed on June 9. Asbury had purchased the Toyota dealership as part of its acquisition of Larry H. Miller Dealerships in December 2021. “The guidance from The Presidio Group afforded a smooth transaction,” said David Hult, Asbury president and CEO. “We appreciate their efforts bringing this deal to market in a way that helped maximize shareholder value and ensures the Larry H. Miller Toyota Corona team is in good hands.” The dealership was sold to Mike Hong and Jerry Heuer, who will rename the store Toyota of Corona. “Being able to grow with a tremendous brand like Toyota in Souther...

Investors need to pay close attention to ABG stock based on the movements in the options market lately....

RICHMOND, Va.--(BUSINESS WIRE)--Atlantic Union Bankshares Corporation (“Atlantic Union”) announced the appointment of Bradley S. Haun as chief risk officer of Atlantic Union and Atlantic Union Bank. Mr. Haun succeeds Sherry Williams, who will retire on July 1, 2025. Ms. Williams is currently serving in an advisory capacity until her retirement date. Mr. Haun has been with Atlantic Union since 2011, most recently serving as executive vice president and chief audit executive. Mr. Haun, an alumnus of Virginia Tech, began his career at Cherry Bekaert in their audit practice. He joined Atlantic Union as director of financial reporting and accounting policy before becoming corporate controller. He was named chief audit executive in 2021. “It has been an honor to work with Sherry, who has been instrumental in building out our enterprise risk program to support the increased regulatory expectations associated with our growing company,” said Chief Executive Officer John Asbury. “We thank her for her many...

ASBURY PARK, N.J., May 4, 2025 /PRNewswire/ -- Despite previous rumors and speculation regarding a potential sale, the renowned Moonstruck Restaurant, situated at 517 Lake Avenue in Asbury Park, New Jersey, has officially changed ownership today, April 29, 2025, according to Richard......

While the top- and bottom-line numbers for Asbury Automotive (ABG) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values....

Asbury Automotive (ABG) delivered earnings and revenue surprises of -0.29% and 5.80%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?...

Investors need to pay close attention to ABG stock based on the movements in the options market lately....

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Revenue of $4.1 billion Gross Profit of $724 million All-time record Parts & Service gross profit of $343 million Third quarter of sequential improvement in same store Used Retail gross profit per unit Net income of $132 million; adjusted net income, a non-GAAP measure, of $134 million EPS of $6.71 per diluted share; adjusted EPS, a non-GAAP measure, of $6.82 per diluted share Announced definitive agreement to acquire The Herb Chambers Automotive Group, the sixteenth largest privately-owned dealership group based on 2024 revenue, with approximately $3 billion in annual revenue 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 first quarter 2025 net income of $132 million ($6.71 per diluted share), a decrease of 10% from $147 million ($7.21 per diluted share) in first quarter 2024. The Company reported first quarter 2025 adjusted net income, a non-GAAP measure, of $134 million ($6.82 ...

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its first quarter financial results before the market opens on Tuesday, April 29, 2025. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877) 407-2988 International: +1 (201) 389-0923 Passcode: 13753098 About Asbury Automotive Group, Inc Asbury Automotive Group, Inc. (NYSE: ABG), a Fortune 500 company headquartered in Duluth, GA, is one of the largest automotive retailers in the U.S. In late 2020, Asbury embarked on a multi-year plan to increas...

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RICHMOND, Va.--(BUSINESS WIRE)--Atlantic Union Bankshares Corporation (“Atlantic Union”) announced that it has completed its previously announced merger with Sandy Spring Bancorp, Inc. (“Sandy Spring”) today. This transaction strengthens Atlantic Union's presence in Virginia and Maryland and creates the largest regional banking franchise headquartered in the lower Mid-Atlantic. Under the terms of the merger agreement, each share of Sandy Spring common stock was converted into the right to receive 0.900 shares of Atlantic Union common stock, with cash to be paid in lieu of fractional shares. Based on the closing price of Atlantic Union common stock of $31.14 on Monday, March 31, 2025, the aggregate transaction value was approximately $1.3 billion. “We are excited to have the Sandy Spring team officially join Atlantic Union Bank,” said John C. Asbury, President and CEO of Atlantic Union. “By bringing together the number one regional bank in Virginia and the number one regional bank in Marylan...

Investors need to pay close attention to Asbury (ABG) stock based on the movements in the options market lately....

Investors should monitor stocks like Cardinal Health, DXC Technology, Cross Country Healthcare, Avnet and Asbury for high returns....

Investors need to pay close attention to Asbury Automotive (ABG) stock based on the movements in the options market lately....

Clara, Daniel - Vorstand - Tag der Transaktion: 2025-02-19...

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DULUTH, Ga.--(BUSINESS WIRE)--The Board of Directors of Asbury Automotive Group, Inc. (NYSE: ABG) ("Asbury" or the "Company"), one of the largest automotive retail and service companies in the U.S., today announced that Senior Vice President of Operations Daniel E. Clara has been promoted to Chief Operating Officer effective February 17, 2025. Mr. Clara has over 23 years of extensive automotive retail experience. Prior to his 5 years as SVP of Operations, he held positions as regional vice president, market director, general manager, other store-level department leadership roles, and store-level frontline retail positions at Asbury. "Dan has done a great job leading store operations for Asbury for the past 5 years," said Tom Reddin, the Chair of the Board. "Dan's leadership has contributed to significant same store growth, successful integration of several large acquisitions, and importantly, value creation for our shareholders." David Hult added, "I am very e...

Asbury's big acquisition is likely to boost growth, but inventory woes and macroeconomic uncertainties can limit its stock performance....

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