Asbury automotive group announces record financial results for fourth quarter and full year 2021 and increase in share repurchase authorization

Duluth, ga.--(business wire)--asbury automotive group, inc. (nyse: abg), one of the largest automotive retail and service companies in the u.s., reported record net income for the fourth quarter 2021 of $141 million ($6.44 per diluted share). this result compares to net income of $89 million ($4.59 per diluted share) in the prior year quarter. “in the fourth quarter, we closed on the transformative acquisitions of: larry h. miller dealerships and total care auto, powered by landcar (“tca”, coll
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