Asbury Automotive Q2 FY26 net income drops 25% to $115 million; revenue totals $4.4 billion
ABG•Tekion rollout update
As of July 28, 2026, 70% of stores had converted to Tekion.
CEO Dan Clara said the Tekion rollout is about 70% complete and remains on track to finish this fall.
Second-quarter results
Asbury Automotive Group posted Q2 2026 net income of $115 million, down 25%, with EPS of $6.25 per diluted share.
Adjusted (non-GAAP) net income fell 15% to $125 million, while adjusted EPS slipped to $6.82.
Revenue totaled $4.4 billion.
Operating metrics and capital allocation
Used retail gross profit per unit rose 16% to $2,002.
The company repurchased 668,000 shares for $131 million.
