ABG

In the past six months (April-October 2026), Asbury Automotive Group reported Q1 2026 revenue of $4.1 billion with GAAP net income of $188 million (up 42% YoY) and Q2 2026 revenue of $4.38 billion with GAAP net income of $115 million (down 25% YoY). The company announced its Q3 2026 financial results release for October 27, 2026. A significant leadership change occurred on May 4, 2026, with David Hult transitioning to Executive Chairman and Dan Clara becoming CEO, following Hult's tenure where revenue more than doubled, share price tripled, and EPS nearly quadrupled. Other events include the grand opening of its Dealership Support Center in Sandy Springs, Atlanta, on April 7, 2026, creating 350 new jobs, and the grand opening of Herb Chambers Toyota of Boston on September 25, 2026. A Senior Vice President and Chief Human Resources Officer was appointed on August 31, 2026. The company's stock price declined by 28.84% from September 30, 2025, to September 29, 2026, falling from $244.45 to $173.95. UBS also lowered its price target on ABG to $193 from $250, maintaining a Neutral rating.