Asbury Automotive Group Inc (NYSE:ABG)
$ 229.76 1.11 (0.49%) Market Cap: 4.63 Bil Enterprise Value: 9.72 Bil PE Ratio: 8.37 PB Ratio: 1.38 GF Score: 94/100

Q1 2024 Asbury Automotive Group Inc Earnings Call Transcript

Apr 25, 2024 / 02:00PM GMT
Release Date Price: $217.12 (-2.00%)
Operator

Greetings, and welcome to the Asbury Automotive Group First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation.

(Operator's Instructions)

I would now like to turn the conference over to your host, Chris Reeves, VP of Finance and Investor Relations. Please go ahead.

Chris Reeves
Asbury Automotive Group, Inc. - VP of Finance & IR

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 First Quarter 2024 Earnings Call. The press release detailing Asbury's first quarter results was 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

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