Asbury Automotive Group, Inc. (ABG) Q4 2023 Earnings Call Transcript

Asbury Automotive Group, Inc. (NYSE:ABG) Q4 2023 Earnings Conference Call February 8, 2024 10:00 AM ET

Company Participants

Chris Reeves - VP, Finance and Treasurer
David Hult - President, CEO & Director
Daniel Clara - SVP, Operations
Michael Welch - SVP & CFO

Conference Call Participants

Daniel Imbro - Stephens Inc.
John Murphy - Bank of America Merrill Lynch
Ryan Sigdahl - Craig-Hallum Capital Group
David Whiston - Morningstar Inc.
Bret Jordan - Jefferies
Rajat Gupta - JPMorgan Chase & Co.
Glenn Chin - Seaport Research Partners

Operator

Greetings, and welcome to Asbury Automotive Group Fourth Quarter 2023 Earnings Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Mr. Chris Reeves, Vice President of Finance and Treasurer. Thank you. You may begin.

Chris Reeves

Thanks, operator, and good morning. As noted, today's call is being recorded and will be available for replay later this afternoon. Welcome to Asbury Automotive Group's Fourth Quarter 2023 Earnings Call. The press release detailing Asbury's fourth quarter results, issued earlier this morning and is posted on our website at investors.asburyauto.com. Participating with me today are David Hult, our President and Chief Executive Officer; Dan Clara, our Senior Vice President of Operations; and Michael Welch, our Senior Vice President and Chief Financial Officer.

At the conclusion of our remarks, we will open up the call for questions and will be available later for any follow-up questions. Before we begin, we must remind you that the discussion during the call today is likely to contain forward-looking statements. Forward-looking statements are statements other than those which are historical in nature, which may include financial projections, forecasts and current expectations, each of which are subject to significant uncertainties. For information regarding certain of the risks that may cause actual results to differ