NYSE, ABG - Asbury Automotive Group Inc
We are one of the largest automotive retailers in the United States, operating
124 franchises at 93 dealership locations as of December 31, 2007. We offer our
customers an extensive range of automotive products and services, including:
? new and used vehicles;
? vehicle maintenance and repair services;
? replacement parts;
? arranging new and used vehicle financing; and
? arranging the sale of warranty, insurance and extended service contracts.
For the year ended December 31, 2007, our revenues were $5.7 billion and our net
income was $51.0 million. Our income from continuing operations and net income
during 2007 was impacted by several items (the ?Adjusting items?) as detailed in
the ?Reconciliation of Non-GAAP Financial Information? section of Management?s
Discussion and Analysis of Financial Condition and Results of Operations. ...
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