$ABG

ASBURY AUTOMOTIVE GROUP INC (ABG) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Investors & Reporters May Contact: Joe Sorice Sr. Manager, Investor Relations (770) 418-8211 ir@asburyauto.com Asbury Automotive Group Reports Third Quarter Results • Revenue of $4.4 billion • Gross Profit of $732 million • Used Retail unit volume sequential increase

Asbury Automotive reported a 29% drop in profit to $105M, with revenue of $4.4B and adjusted EPS of $5.84. The company completed its Tekion software system rollout across all stores, impacting efficiency. Used vehicle retail volume rose 4.5% sequentially. Asbury repurchased 1.35M shares year-to-date. The company will discuss results on an earnings call.

Asbury Automotive Group (ABG) sold a Kia dealership to Stivers Automotive Group, its first Kia store, expanding Stivers' footprint. Asbury aims to focus on core business. Presidio Group advised on the deal, part of 10 dealership sales in 2026. Both companies highlighted strategic benefits.

Car buyers are walking away due to high prices and interest rates, impacting publicly traded dealerships. Bank of America analysts lowered earnings estimates for Asbury (ABG), AutoNation (AN), and Group 1 (GPI) citing weaker demand. Average new vehicle price is above $50,000, with price increases across segments. Dealers report pushback on pricing and deferred repair work.

Asbury Automotive Group (ABG) reports multi-year revenue growth, strong cash flow, and share repurchases. Q2 saw a 16% rise in used vehicle gross profit per unit but a 25% drop in net income due to SG&A expenses and Tekion system transition costs. The company trades at 6.39x forward earnings, with mixed institutional sentiment. Management expects Tekion completion by fall 2026 to improve margins.

Analysts upgraded several companies: Keybanc upgraded Sweetgreen (SG) to Overweight with a $9 target, JPMorgan upgraded Cenovus Energy (CVE) to Overweight with a C$58 target, Seaport Global upgraded Asbury Automotive (ABG) to Buy with a $300 target, JPMorgan upgraded Magnolia Oil & Gas (MGY) to Overweight with a $33 target, and Barclays upgraded Sensata Technologies (ST) to Overweight with a $55 target.

ASBURY AUTOMOTIVE GROUP INC (ABG) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On and effective August 19, 2026, Asbury Automotive Group, Inc. (the “Company”) and Jed Milstein, the Company’s Senior Vice

Milstein Jed (SVP & CHRO) sold 948 shares of ASBURY AUTOMOTIVE GROUP INC (ABG) at $250.28 ($0.24M total) on 2026-07-29.

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.