ASBURY AUTOMOTIVE GROUP INC (ABG): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Strategic Execution and Operational Context Management characterizes 2026 as a transition year centered on the nationwide rollout of the Tekion DMS, which has now surpassed the 70% implementation milestone. Performance drivers in mature Tekion markets (5+ months post-conversion) show double-digit productivity gains; specifically, in the month of June, these stores grew average units per salesperson by 12% and increased dollars per technician by 10%.

Asbury Automotive Group (ABG) reported Q2 2026 adjusted EPS of $6.82, up from $6.30 consensus, while revenues were $4.38B, missing the $4.46B estimate. The EPS beat was driven by stronger used-vehicle profitability despite weaker new-vehicle margins. ABG also detailed segment revenue, margins, cash flow, and a Tekion rollout update.

Asbury Automotive (ABG) shares rose 3.3% pre-open after the company reported Q2 2026 adjusted EPS of $6.82, above the $6.46 consensus. Revenue was $4.4B, roughly flat and below $4.51B estimates. GAAP net income fell 25% to $115M. Used retail gross profit per unit rose 16% to $2,002 and Tekion rollout neared 70% completion.

ASBURY AUTOMOTIVE GROUP INC (ABG) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 a2026q2ex991.htm EX-99.1 Document Exhibit 99.1 Investors & Reporters May Contact: Joe Sorice Sr. Manager, Investor Relations (770) 418-8211 ir@asburyauto.com Asbury Automotive Group Reports Second Quarter Results • Revenue of $4.4 billion • Gross Profit of $753 million

Asiabest Group International Inc. (ABG) said it will seek shareholder approval on Aug. 11 to “vend-in” Industry Movers Corp. (IMC) and Kabalayan Housing Corp. (KHC) or their assets into ABG via newly issued ABG shares. IMC is valued at P3.9–P5.5B and KHC at P0.8–P1.2B; deals need independent valuation and regulatory approvals. ABG shares closed at P32.90.

Blackstone Inc. is selling up to 11.1 million units (25.03%) of its stake in Knowledge Realty Trust, valued at $1.25 billion. The sale, priced at a 4.7% discount, will reduce Blackstone's ownership to 21.5% if fully exercised, making Sattva Group the largest shareholder with 32%.