Q2 FY2026 EarningsQ2 FY26 revenue of $4.38B missed the $4.49B consensus by 2.28%, while GAAP EPS of $6.25 missed the $6.44 mean estimate. Gross margin remained resilient at 17.2% (+57bps vs consensus), driven by used vehicle profitability and service growth. While the Herb Chambers acquisition bolstered luxury sales, same-store new vehicle volumes declined 6% YoY due to affordability constraints, and elevated SG&A costs (67.2% of gross profit) weighed on operating results.
Overview: Asbury Automotive(ABG) the Revenue is 4.385 B (+0.26%), Miss estimate;the EBIT is 233.4 M (-8.33%), Beat estimate;the EPS is 6.25 (-19.46%), Miss estimate.