Earnings

Asbury net income surges 132% in Q4

The Asbury Automotive Group Inc. headquarters in Duluth, Ga., is seen in 2024. (ASBURY AUTOMOTIVE GROUP)
Asbury reported that it made $1.9 million during the quarter for terminating an unspecified franchise. (ASBURY AUTOMOTIVE GROUP)
January 30, 2025 04:17 PM

Asbury Automotive Group Inc.’s net income grew 132 percent during a fourth quarter that saw the group carrying more stores, selling more vehicles and improving service and parts margin — but also dealing with challenges such as the effects of Hurricane Milton and lower gross profit.

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