Asbury (ABG) Reports Q1 2026 Earnings with Revenue of $4.1 Billion and Margin Expansion
Asbury (ABG) reported Q1 2026 earnings with revenue of $4.1 billion, driven by volume decreases due to moderated consumer demand and temporary disruptions from Tekion platform conversions. The company achieved a gross margin of 17.7%, a 22 basis-point margin expansion, and adjusted EPS of $5.37, with a $0.26 headwind from noncash TCA deferral.
Topics: divestitures earnings report margin expansion revenue share repurchase Tekion implementation