Asbury Automotive Group's Wendy Reynolds-Dobbs is Recognized as an Automotive News Champion of Diversity

$ABG
Retail-Auto Dealers and Gas Stations
Consumer Discretionary
Get the next $ABG alert in real time by email

Asbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., is proud to announce Wendy Reynolds-Dobbs, VP and Chief DEI Officer, has been named a 2024 Automotive News Champion of Diversity. The 2024 class of Champions of Diversity was chosen by Automotive News editors and journalists from scores of nominees. Profiles of this fourth class of Champions of Diversity are available at https://www.autonews.com/awards/notable-champions-of-diversity/2024/.

For the fourth year, the Champions of Diversity in Automotive program has recognized individuals who uphold and advocate for diversity, equity, and inclusion (DEI) in the automotive industry.

Wendy has 15 years of public company experience leading business-aligned strategic initiatives in DEI, Environmental, Social, and Governance (ESG), organization effectiveness, talent management, employee engagement, workforce planning and analysis, and leadership/executive development. She leads all aspects of DEI and learning and development, including leadership development and community engagement across Asbury. Wendy also is the catalyst for Asbury's HBCU Change initiative, DEI newsletter "Mosaic," Asbury Center for Learning, amongst many additional programs.

"Wendy has done a tremendous job building and delivering Asbury's business-aligned, data-driven, DEI strategy, team member career growth planning, and community partnerships," David Hult, Asbury's President & CEO. "She is extremely deserving of this recognition, and I am eager to see the impact she continues to make on her journey with Asbury."

About Asbury Automotive Group, Inc.

Asbury Automotive Group, Inc. (NYSE:ABG), a Fortune 500 company headquartered in Duluth, GA, is one of the largest automotive retailers in the U.S. In late 2020, Asbury embarked on a multi-year plan to increase revenue and profitability strategically through organic operations, acquisitive growth and innovative technologies, with its guest-centric approach as Asbury's constant North Star. As of September 30, 2024, Asbury operated 153 new vehicle dealerships, consisting of 202 franchises, representing 31 domestic and foreign brands of vehicles. Asbury also operates Total Care Auto, Powered by Landcar, a leading provider of service contracts and other vehicle protection products, and 37 collision repair centers. Asbury offers an extensive range of automotive products and services, including new and used vehicles; parts and service, which includes vehicle repair and maintenance services, replacement parts and collision repair services; and finance and insurance products, including arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, and prepaid maintenance. Asbury ranks 18th in the 2023 Forbes list of America's Best Mid-Sized Companies. Asbury is recognized as one of America's Fastest Growing Companies 2024 by the Financial Times, America's Greatest Workplaces 2023 by Newsweek, as well as one of the Best Companies to Work For in the Retailers industry by U.S. News & World Report.

For additional information, visit www.asburyauto.com.

Get the next $ABG alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Q&A

New
  • Who was recognized as a 2024 Automotive News Champion of Diversity from Asbury Automotive Group?

    Wendy Reynolds-Dobbs has been recognized for her outstanding contributions to diversity, equity, and inclusion in the automotive industry.

  • What strategic initiatives has Asbury Automotive Group undertaken to increase revenue and profitability?

    Asbury has a corporate strategy focusing on organic operations, acquisitions, and innovative technologies to enhance revenue and profitability.

  • What is the scale of operations for Asbury Automotive Group in terms of vehicle dealerships and additional services?

    Asbury operates 153 new vehicle dealerships, consisting of 202 franchises across 31 brands, along with service contracts through Total Care Auto and collision repair centers.

  • What notable programs has Wendy Reynolds-Dobbs implemented at Asbury Automotive Group to promote DEI?

    Wendy's initiatives include the HBCU Change initiative, a DEI newsletter 'Mosaic', and the Asbury Center for Learning, among others.

  • What accolades has Asbury Automotive Group received recently that highlight its corporate standing?

    Asbury Automotive Group ranks 18th in the 2023 Forbes list of America's Best Mid-Sized Companies and has been recognized as one of America's Fastest Growing Companies in 2024 by the Financial Times.

Recent Analyst Ratings for
$ABG

DatePrice TargetRatingAnalyst
11/12/2024Buy → Neutral
Seaport Research Partners
9/25/2024$190.00 → $240.00Underweight → Equal-Weight
Morgan Stanley
9/12/2024$216.00Equal-Weight
Stephens
6/10/2024$230.00Overweight → Neutral
JP Morgan
2/8/2024Buy → Hold
Craig Hallum
10/31/2023$245.00Neutral → Overweight
JP Morgan
5/20/2022Equal-Weight → Underweight
Morgan Stanley
3/8/2022$180.00 → $185.00Equal-Weight
Morgan Stanley
More analyst ratings

$ABG
Press Releases

Fastest customizable press release news feed in the world

See more
  • Asbury Automotive Group, Inc. Announces Appointment of Chief Operating Officer

    The Board of Directors of Asbury Automotive Group, Inc. (NYSE:ABG) ("Asbury" or the "Company"), one of the largest automotive retail and service companies in the U.S., today announced that Senior Vice President of Operations Daniel E. Clara has been promoted to Chief Operating Officer effective February 17, 2025. Mr. Clara has over 23 years of extensive automotive retail experience. Prior to his 5 years as SVP of Operations, he held positions as regional vice president, market director, general manager, other store-level department leadership roles, and store-level frontline retail positions at Asbury. "Dan has done a great job leading store operations for Asbury for the past 5 years," sai

    $ABG
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary
  • Asbury Automotive Group Agrees to Acquire The Herb Chambers Companies

    Sale of fourteenth largest private dealership group in the US includes 33 dealerships, 52 franchises, and 3 collision centers in Massachusetts and Rhode Island. Asbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., signed a definitive agreement to acquire various automotive dealerships owned by The Herb Chambers Companies (HCC), the fourteenth largest by revenue privately-owned dealership group in the country. The sale of this flagship New England Region company is one of the most sizable in U.S. auto retail history, representing $2.9 billion in revenue in 2024, and includes 33 dealerships, 52 franchises, and three collision cente

    $ABG
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary
  • Asbury Automotive Group Reports Record Fourth Quarter Results

    All-time record quarterly revenue of $4.5 billion, growth of 18% All-time record Parts & Service gross profit of $340 million, growth of 19%; same store Parts & Service gross profit growth of 11% Same store SG&A as a percentage of gross profit of 63.0%; same store adjusted SG&A as a percentage of gross profit, a non-GAAP measure, of 62.0% Back-to-back quarters of improved SG&A as a percentage of gross profit and adjusted SG&A as a percentage of gross profit, a non-GAAP measure; 137 bps and 141 bps, respectively, versus third quarter 2024 EPS of $6.54 per diluted share; adjusted EPS, a non-GAAP measure, of $7.26 per diluted share Asbury Automotive Group, Inc. (NYSE:ABG) (

    $ABG
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

$ABG
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$ABG
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$ABG
SEC Filings

See more

$ABG
Leadership Updates

Live Leadership Updates

See more
  • Asbury Automotive Group, Inc. Announces Appointment of Chief Operating Officer

    The Board of Directors of Asbury Automotive Group, Inc. (NYSE:ABG) ("Asbury" or the "Company"), one of the largest automotive retail and service companies in the U.S., today announced that Senior Vice President of Operations Daniel E. Clara has been promoted to Chief Operating Officer effective February 17, 2025. Mr. Clara has over 23 years of extensive automotive retail experience. Prior to his 5 years as SVP of Operations, he held positions as regional vice president, market director, general manager, other store-level department leadership roles, and store-level frontline retail positions at Asbury. "Dan has done a great job leading store operations for Asbury for the past 5 years," sai

    $ABG
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary
  • Asbury Automotive Group Elects New Director to Its Board

    Shamla Naidoo's Extensive Background in Technology, Data, and Privacy Provides Asbury Automotive Group with Additional Cyber Security Insight Asbury Automotive Group, Inc. (NYSE:ABG) ("Asbury" or the "Company"), one of the largest automotive retail and service companies in the U.S., announced today the appointment of Shamla Naidoo to its Board of Directors effective January 1, 2025. The Board has appointed Ms. Naidoo to the Audit Committee and the Compensation & Human Resources Committee. Ms. Naidoo's election brings the total number of directors to ten, nine of whom are independent, including Ms. Naidoo. "We are thrilled to welcome Shamla to the Board. She is a tremendous addition and

    $ABG
    $IBM
    $RGP
    $WT
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary
    Computer Manufacturing
    Technology
  • Asbury Automotive Group Announces Appointment of Senior Vice President, General Counsel and Corporate Secretary

    Asbury Automotive Group, Inc. (NYSE:ABG) ("we," "our" or the "Company"), one of the largest automotive retail and service companies in the U.S., is proud to announce the appointment of Dean A. Calloway as SVP, General Counsel and Secretary, effective July 1, 2024. Dean joined Asbury as Assistant General Counsel in October 2013. He was promoted to Associate General Counsel in February 2017, and then promoted to Vice President and Associate General Counsel in August 2022. In his 10+ years with the Company, Dean has taken the lead on complex commercial litigation, cyber security issues, corporate governance matters, franchise and OEM matters, and employment issues. He has also served as assist

    $ABG
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

$ABG
Financials

Live finance-specific insights

See more
  • Asbury Automotive Group Reports Record Fourth Quarter Results

    All-time record quarterly revenue of $4.5 billion, growth of 18% All-time record Parts & Service gross profit of $340 million, growth of 19%; same store Parts & Service gross profit growth of 11% Same store SG&A as a percentage of gross profit of 63.0%; same store adjusted SG&A as a percentage of gross profit, a non-GAAP measure, of 62.0% Back-to-back quarters of improved SG&A as a percentage of gross profit and adjusted SG&A as a percentage of gross profit, a non-GAAP measure; 137 bps and 141 bps, respectively, versus third quarter 2024 EPS of $6.54 per diluted share; adjusted EPS, a non-GAAP measure, of $7.26 per diluted share Asbury Automotive Group, Inc. (NYSE:ABG) (

    $ABG
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary
  • Asbury Automotive Group Schedules Release of Fourth Quarter 2024 Financial Results

    Asbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its fourth quarter financial results before the market opens on Thursday, January 30, 2025. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto https://investors.asburyauto.com. A replay will be available on this site for 30 days. In addition, live audio will be accessible to the public. Participants may enter the conference call five to ten minutes prior to the scheduled start of the call by dialing: Domestic: (877

    $ABG
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary
  • Asbury Automotive Group Reports Third Quarter Results

    Revenue of $4.2 billion, growth of 16% Parts & Service gross profit growth of 16% Same store SG&A as a percentage of gross profit of 64.5%; same store adjusted SG&A as a percentage of gross profit, a non-GAAP measure, of 63.8% Sequential improvement in SG&A as a percentage of gross profit of 25 bps and adjusted SG&A as a percentage of gross profit, a non-GAAP measure, of 39 bps EPS of $6.37 per diluted share; adjusted EPS, a non-GAAP measure, of $6.35 per diluted share Estimated EPS impact of $0.39 - $0.43 due to stop sale orders for certain vehicle models (estimated lost sales of nearly 1,200 new units) and lost business from Hurricane Helene Repurchased approximately 394,000

    $ABG
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary

$ABG
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more