Asbury Q3 net income down 17% with fewer stores

24 October 2023

Asbury Auto Q3 2023 earnings: The car dealership group’s third-quarter net income fell 17 percent from a year earlier to $169 million, while revenue dropped 5.2 percent to $3.7 billion. But Asbury had 10 fewer locations than Q3 2022, and it is about to buy Jim Koons Automotive Cos. for $1.2 billion.

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