- Asbury Automotive Group (NYSE:ABG +0.1%) reports total revenues on same-store basis fell 1% in Q2.
- New vehicles revenue decreased 3% to $897M.
- Used vehicles revenue declined 7% to $470.2M.
- Parts and service revenue grew 4% to $195.3M.
- Gross margin rate rose 30 bps to 16.4%.
- Operating margin rate slipped 10 bps to 4.8%.
- Total new vehicle unit sales squeezed 6% Y/Y to 25,765M.
- Total used vehicle retail units sales fell 8% to 19,612M.
More on Asbury Automotive Group's Q2
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Symbol | Last Price | % Chg |
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ABG | - | - |
Asbury Automotive Group, Inc. |