Asbury Automotive Group Inc.’s net income dropped 24 percent to $181.4 million and its revenue fell 8.4 percent to $3.58 billion during the first quarter as the national auto retailer operated with fewer stores than a year earlier.
“I am pleased with our performance coming off of a record year,” Asbury CEO David Hult said in a statement Tuesday. “We were, and will continue to be, opportunistic while navigating the changing auto market and macro conditions, and we believe our…
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