Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record

“πŸ“Š Asbury Q1 net income slips 19% to $147.1 million, but πŸ’° $4.2 billion in revenue sets a new record! πŸ“ˆ #earnings #automotive”

Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue.

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