Asbury Automotive Group Schedules Release of Third Quarter 2022 Financial Results

Rhea-AI Summary

Asbury Automotive Group, Inc. (NYSE: ABG) will release its third quarter financial results before the market opens on October 27, 2022, followed by a conference call at 10:00 a.m. ET. The call will be accessible via an online stream and by phone for both domestic and international listeners. Asbury currently operates 148 dealerships and 198 franchises, focusing on strategic growth through an innovative digital vehicle purchasing platform called Clicklane. For further details, visit the investor relations website.

Positive

• Asbury operates 148 dealerships and 198 franchises, covering 31 brands.
• Strategic five-year growth plan in place targeting revenue and profitability increase.
• Innovative Clicklane digital vehicle purchasing platform enhances customer experience.

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 Thursday, October 27, 2022. 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 of the call will be accessible to the public by calling (866) 580-3963 (domestic) or +1 (786) 697-3501 (international); confirmation code – 9193183. 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 (866) 595-5357; passcode – 9193183.

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 five-year plan to increase revenue and profitability strategically through organic and acquisitive growth as well as their innovative Clicklane digital vehicle purchasing platform, with its guest-centric approach as Asbury’s constant North Star. Asbury currently operates 148 dealerships, consisting of 198 franchises, representing 31 domestic and foreign brands of vehicles. Asbury also operates seven stand-alone used vehicle stores, 34 collision repair centers, an auto auction, a used vehicle wholesale business and an F&I product provider. 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/20221011006218/en/

Investors and Reporters May Contact:

Joe Sorice

Manager, Investor Relations

(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 Q3 financial results before the market opens on October 27, 2022.

What time is the Asbury Automotive Group conference call?

The conference call will take place at 10:00 a.m. Eastern Time on October 27, 2022.

How can I access the Q3 conference call for Asbury Automotive Group?

The conference call can be accessed online or by phone at (866) 580-3963 for domestic calls and +1 (786) 697-3501 for international calls.

What is the focus of Asbury Automotive Group's growth strategy?

Asbury's growth strategy focuses on increasing revenue and profitability through organic growth and acquisitions.