Asbury Automotive Group Schedules Release of Third Quarter 2021 Financial Results

Rhea-AI Summary

Asbury Automotive Group, Inc. (NYSE: ABG) will release its third-quarter financial results on October 26, 2021, prior to market opening. A conference call is scheduled for 10:00 a.m. Eastern Time on the same day, with live simulcast available online. The company operates 91 dealerships and has initiated a 5-year growth strategy focusing on revenue and profitability through organic and acquisitive growth, alongside its Clicklane digital platform. Asbury is recognized as one of the largest automotive retailers in the U.S.

Positive

• 5-year plan initiated to increase revenue and profitability.
• Innovative Clicklane digital car purchasing platform enhancing customer experience.
• Asbury Automotive operates 91 dealerships and 25 collision repair centers.

Negative

• None.

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 third quarter financial results before the market opens on Tuesday, October 26, 2021. 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 www.asburyauto.com/company/investor-relations. A replay will be available on this site for 30 days.

In addition, live audio of the call will be accessible to the public by calling (800) 353-6461 (domestic), or (334) 323-0501 (international); passcode – 5585333. Callers should dial in approximately 5 to 10 minutes before the call begins.

A conference call replay will be available two hours following the call for seven days and can be accessed by calling (888) 203-1112 (domestic), or (719) 457-0820 (international); passcode – 5585333.

About Asbury Automotive Group

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 5-year plan to increase revenue and profitability strategically through organic and acquisitive growth as well as their innovative Clicklane digital car purchasing platform, with its guest-centric approach as Asbury’s constant North Star. Asbury currently operates 91 dealerships, consisting of 112 franchises, representing 31 domestic and foreign brands of vehicles. Asbury also operates 25 collision repair centers. Asbury offers an extensive range of automotive products and services, including new and used vehicles; parts and service, which includes vehicle repair and maintenance services, replacement parts and collision repair services; and finance and insurance products, including arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, and prepaid maintenance.

For additional information, visit www.asburyauto.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211008005590/en/

Investors and Reporters May Contact:

Karen Reid

VP & Treasurer

(770) 418-8211

ir@asburyauto.com

Source: Asbury Automotive Group, Inc.

FAQ

When will Asbury Automotive Group release its Q3 financial results?

Asbury Automotive Group will release its third-quarter financial results before the market opens on October 26, 2021.

What time is the Asbury Automotive Q3 conference call?

The conference call for Asbury Automotive's Q3 results will take place at 10:00 a.m. Eastern Time on October 26, 2021.

How can I access the Asbury Automotive Q3 earnings call?

The conference call can be accessed online at www.asburyauto.com/company/investor-relations or by phone at (800) 353-6461 for domestic callers.

What is the focus of Asbury Automotive's 5-year growth plan?

Asbury Automotive's 5-year growth plan focuses on increasing revenue and profitability through both organic and acquisitive growth strategies.

How many dealerships does Asbury Automotive operate?

Asbury Automotive currently operates 91 dealerships across various brands.