Asbury Automotive Group (ABG) reported second-quarter 2026 revenue of $4.4 billion and net income of $115 million, or $6.25 per diluted share. Net income fell 25% from $153 million, or $7.76 per diluted share, in the year-earlier quarter.
The automotive retailer said gross profit was $753 million, used retail gross profit per unit rose 16% to $2,002, and it repurchased about 668,000 shares for $131 million during the quarter.
- Second-quarter 2026 total revenue was $4.4 billion.
- GAAP net income was $115 million, compared with $153 million in second-quarter 2025.
- Diluted EPS was $6.25, compared with $7.76 a year earlier.
- Same-store revenue was $3.8 billion and same-store gross profit was $643 million.
- Asbury said 70% of stores had converted to Tekion as of July 28, 2026.
- Liquidity totaled $966 million as of June 30, 2026.
