Asbury Automotive Turns Five on the NYSE: Best of Times, Worst of ...
It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity . . .
- Charles Dickens, A Tale of Two Cities
Asbury turns 5 on NYSE Tuesday, Asbury Automotive (ABG) celebrated its 5 year anniversary as a publicly traded company. To go public simply means anyone that wants can buy a piece of ownership in the company (you, me, even my kid niece or nephews).
To celebrate, management hosted an analyst day where they provided "An Insider's View of Automotive Retailing." Meaning they had real people from the field/regions (not just senior management) talk about a number of the initiatives, processes, and ultimately try to show investors the Asbury culture.
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