Every material Form 8-K Asbury Automotive filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Asbury Automotive reported third quarter 2026 results with total revenue of $4.4 billion, down 8% from a year earlier, and net income of $105 million, down 29%. Diluted EPS fell to $5.84 from $7.52, and adjusted diluted EPS was $6.16 versus $7.17, so shareholders received lower per-share earnings on lower revenue, with the company citing completion of its Tekion system conversion.
Total revenue of $4.4 billion, down 8% from $4.8 billion in Q3 2025
Net income of $105 million versus $147 million; diluted EPS $5.84 versus $7.52
Adjusted diluted EPS of $6.16 versus $7.17 a year earlier (non-GAAP)
Year-to-date share repurchases of about $278 million; about $322 million remained on the authorization as of September 30, 2026
Asbury Automotive Group ended the employment of Jed Milstein, its Senior Vice President and Chief Human Resources Officer, effective August 19, 2026. Wendy Reynolds-Dobbs, the company's Vice President of Talent Development and Chief Culture Officer, began serving as interim Chief Human Resources Officer on August 20, 2026. The filing does not give a reason for the departure, and any severance will follow a 2017 agreement and the discretion of the Compensation and Human Resources Committee.
Jed Milstein's employment ended effective August 19, 2026, as stated in the filing
Wendy Reynolds-Dobbs began serving as interim Chief Human Resources Officer effective August 20, 2026
Any severance is governed by a severance pay agreement dated February 21, 2017, treated as a termination without cause, subject to committee discretion
Asbury Automotive Group reported second quarter 2026 net income of $115 million, or $6.25 per diluted share, down 25% from $153 million, or $7.76 per share, a year earlier. Revenue was $4.4 billion, essentially flat with the prior-year quarter, and gross profit was $753 million. Shareholders are seeing lower profit per share as the company continues its Tekion dealership management system rollout, with 70% of stores converted as of July 28, 2026.
Net income of $115 million ($6.25 per diluted share) vs. $153 million ($7.76) in Q2 2025, a 25% decline
Adjusted EPS of $6.82 vs. $7.43 in Q2 2025, down 15%; adjusted net income of $125 million
Revenue of $4.4 billion vs. $4.37 billion; gross profit of $753 million vs. $752 million
Repurchased about 668,000 shares for $131 million in Q2; about $322 million remained on the buyback authorization as of June 30, 2026
Asbury Automotive Group reported first quarter 2026 GAAP net income of $188 million, or $9.87 per diluted share, up from $132 million a year earlier, driven by a $94 million after-tax net gain on divestitures. Excluding that gain and other non-GAAP items, adjusted net income fell 24% to $102 million, or $5.37 per diluted share, while revenue declined 1% to $4.1 billion, so shareholders face mixed headline results.
GAAP net income of $188 million ($9.87 per diluted share), up 42% from $132 million ($6.71 per diluted share) in first quarter 2025
Adjusted net income of $102 million ($5.37 per diluted share), down 24% from $134 million ($6.82 per diluted share)
Revenue of $4.1 billion, down 1% from $4,148.5 million; gross profit of $727 million versus $724 million
Repurchased approximately 678,000 shares for $147 million; about $453 million remained on the authorization as of March 31, 2026
Asbury Automotive reported fourth quarter 2025 revenue of $4.7 billion, up 4%, and record full-year revenue of $18 billion. Fourth quarter net income fell 53% to $60 million, or $3.10 per diluted share, after $115 million of asset impairments, while full-year diluted EPS rose 17% to $25.13.
Q4 2025 net income $60 million ($3.10 per diluted share) versus $129 million ($6.54) in Q4 2024; adjusted EPS $6.67 versus $7.26, down 10% on adjusted net income
Q4 2025 gross profit of $793 million, up 6%; income from operations of $126.4 million versus $239.7 million a year earlier
Full-year 2025 net income $492 million ($25.13 per diluted share) versus $430 million ($21.50); repurchased about 433,000 shares for $100 million in 2025
Asbury Automotive Group appointed Christopher DiSantis to its board effective March 1, 2026, and Philip Maritz, a director since April 2002, will not stand for re-election at the 2026 Annual Meeting. The board also lowered the threshold for stockholders to call a special meeting from 50% to 25% of outstanding voting shares, which gives shareholders more ability to request one.
Christopher DiSantis joins the board effective March 1, 2026, and the board has seated him on the Audit Committee and the Compensation & Human Resources Committee.
The board will have eleven directors, ten of whom are independent.
Philip Maritz, on the board since April 2002, will not stand for re-election at the 2026 Annual Meeting of Stockholders.
Bylaw amendments effective January 29, 2026 lower the special meeting request threshold from 50% to 25% of outstanding voting shares.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Asbury Automotive filing is on SEC EDGAR ↗. 8-K briefs of other companies →