Asbury Automotive Group(ABG) - 2024 Q3 - Quarterly Results

Exhibit 99.1 Investors & Reporters May Contact: Joe Sorice Manager, Investor Relations (770) 418-8211 ir@asburyauto.com 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 percent ...