5 High Growth Retail Stocks That Are Profitable

2. Asbury Automotive Group, Inc. (NYSE:ABG)

Revenue Growth YOY: 56.89%

Asbury Automotive Group, Inc. (NYSE:ABG) is an automotive retailer based in the United States. The products and services of the company include new and used vehicles, repair, maintenance, parts replacements, collision repair services, insurance, and vehicle finance services. Asbury Automotive Group, Inc. (NYSE:ABG) operates in a total of 194 locations, including 156 dealership stores and 38 collision service centers.

On February 2, 2023, the company reported its fourth-quarter 2022 results. The revenue of Asbury Automotive Group, Inc. (NYSE:ABG) was reported to be $3.71 billion, falling short of analyst estimates by $150.51 million. The Normalized EPS stood at $9.12, beating analyst estimates by $0.91.