Asbury automotive group reports record $4.2 billion in revenue

Duluth, ga.--(business wire)--asbury automotive group, inc. (nyse: abg) (the “company”), one of the largest automotive retail and service companies in the u.s., reported first quarter 2024 net income of $147 million ($7.21 per diluted share), a decrease of 19% from $181 million ($8.37 per diluted share) in first quarter 2023. “we delivered a strong first quarter, crossing over $4 billion in revenue for the first time in our company's history,” said david hult, asbury's president and chief execu.
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