Asbury Automotive Group reported first quarter 2025 net income of $132.1 million, a 10% decrease from the prior year, with total revenue decreasing by 1% to $4.1 billion. Adjusted net income was $134.3 million, and adjusted EPS was $6.82. The company also announced a definitive agreement to acquire The Herb Chambers Automotive Group.
Revenue decreased by 1% to $4.1 billion compared to the first quarter of 2024.
Net income was $132.1 million, a 10% decrease from the previous year.
Adjusted EPS was $6.82 per diluted share, a 9% decrease from the prior year.
All-time record Parts & Service gross profit of $343 million was achieved.
The company's forward-looking statements indicate a commitment to strategic growth and integration of new acquisitions, while acknowledging potential risks from litigation, supply chain disruptions, and economic conditions.
Visualization of income flow from segment revenue to net income