Welcome to our dedicated page for Group 1 Automotive news (Ticker: GPI), a resource for investors and traders seeking the latest updates and insights on Group 1 Automotive stock.
News and updates for Group 1 Automotive, Inc. (NYSE: GPI) focus on its role as a Fortune 250 automotive retailer operating dealerships, franchises, and collision centers in the United States and the United Kingdom. As an operator of more than 250 dealerships and over 300 franchises offering 36 brands of automobiles, the company regularly issues news on financial performance, network expansion, and portfolio optimization.
Investors following GPI news will see recurring coverage of quarterly and annual financial results, where Group 1 reports revenues, gross profit, net income from continuing operations, and key performance metrics across new vehicle sales, used vehicle sales, parts and service, and finance and insurance (F&I). Earnings releases often discuss same-store performance, non-GAAP measures such as adjusted net income and adjusted diluted earnings per share, and constant currency analysis.
Company news also highlights acquisitions and dispositions of dealerships, including high-volume and luxury brand locations, expected annual revenues from acquired stores, and closures or sales of underperforming points. Updates on U.K. restructuring, workforce realignment, and facility closures are disclosed, along with impairment and restructuring charges tied to the U.K. reporting unit.
Additional news topics include share repurchase activity, changes to share repurchase authorizations, and cash dividend declarations by the board of directors. Group 1 also issues announcements about executive appointments, such as the naming of a Senior Vice President and Chief Human Resources Officer, and about facility investments like dealership renovations. For ongoing insight into GPI’s operations, capital allocation, and strategic moves, this news feed aggregates the company’s press releases and related market communications.
Group 1 Automotive (NYSE: GPI), a Fortune 250 automotive retailer, has declared a quarterly dividend of $0.50 per share, payable on June 16, 2025, to stockholders of record as of June 2, 2025. This dividend reflects the company's previously announced 6% increase in its annualized dividend rate from $1.88 per share in 2024 to $2.00 per share in 2025.
Group 1 operates 260 automotive dealerships, 332 franchises, and 39 collision centers across the United States and United Kingdom. The company offers 35 automobile brands and provides services including new and used vehicle sales, vehicle financing, service contracts, maintenance, repairs, and parts sales through its dealerships and omni-channel platform.
Group 1 Automotive (NYSE: GPI) reported its Q1 2025 financial results, with total revenues reaching $5.5 billion, a 23.1% increase from Q1 2024. The company posted diluted earnings per share of $9.64 from continuing operations, and adjusted EPS of $10.17.
Key highlights include record U.K. performance with gross profit of $217.0 million from revenues of $1.6 billion, representing increases of 109.6% and 92.0% respectively. The company's U.K. SG&A as a percent of gross profit improved to pre-acquisition levels at 78.3%.
During Q1 2025, Group 1 acquired one Lexus and three Toyota dealerships in the U.K., expected to generate $100.0 million in annual revenues. The company also repurchased 286,731 shares at an average price of $428.33, totaling $122.8 million. As of March 31, 2025, $353.3 million remained in the share repurchase program.
Group 1 Automotive (NYSE: GPI), a Fortune 250 automotive retailer, has announced it will release its first quarter 2025 financial results on Thursday, April 24, 2025, before market opening. The company will host a conference call at 10:00 a.m. ET, led by President and CEO Daryl Kenningham.
Group 1 operates 260 automotive dealerships, 332 franchises, and 39 collision centers across the U.S. and U.K., offering 35 automobile brands. Their business encompasses new and used vehicle sales, vehicle financing, service and insurance contracts, automotive maintenance and repair services, and parts sales.
Group 1 Automotive (NYSE: GPI), a Fortune 250 automotive retailer, has announced its upcoming Analyst Day event on February 13, 2025, at the New York Stock Exchange. The event, exclusively for invited sell-side equity analysts, will feature CEO Daryl Kenningham and senior management discussing the company's 2024 financial performance, 2025 priorities, and U.K. restructuring activities.
To mark the occasion, CEO Kenningham will ring the NYSE Closing Bell at 4:00 p.m. ET. The company has made the presentation available on their investor relations website. Group 1 currently operates 258 automotive dealerships, 330 franchises, and 39 collision centers across the U.S. and U.K., offering 35 automobile brands. Their services include new and used vehicle sales, financing arrangements, service contracts, maintenance, repairs, and parts sales through both traditional and omni-channel platforms.
Group 1 Automotive (NYSE: GPI), a Fortune 250 automotive retailer, has announced a 6% increase in its annual dividend rate for 2025 to $2.00 per share, up from $1.88 in 2024. The company will pay a quarterly dividend of $0.50 per share on March 17, 2025, to stockholders of record as of March 3, 2025.
Group 1 operates 258 automotive dealerships, 330 franchises, and 39 collision centers across the United States and United Kingdom. The company offers 35 automobile brands and provides services including new and used vehicle sales, vehicle financing, service contracts, maintenance, repairs, and parts sales through its dealerships and omni-channel platform.
Group 1 Automotive (NYSE: GPI) reported its Q4 and full-year 2024 financial results, achieving record annual revenues of $19.9 billion, up 11.5% from 2023. The company sold a record 413,364 retail new and used vehicles, marking a 13.8% increase year-over-year.
Q4 2024 highlights include total revenues of $5.5 billion (up 23.8%) and gross profit of $879.2 million (up 20.3%). Adjusted diluted EPS from continuing operations was $10.02, increasing 5.5% from Q4 2023. However, net income from continuing operations decreased 13.1% to $94.6 million.
The company completed significant acquisitions in 2024, including Inchcape Retail in the UK, adding 54 dealerships. During Q4, GPI repurchased 80,300 shares for $32.0 million and maintains $476.1 million remaining in its share repurchase program.
Group 1 Automotive (NYSE: GPI), a Fortune 250 automotive retailer, has announced it will release its fourth quarter and full year 2024 financial results on Wednesday, January 29, 2025, before market opening. The company will host a conference call at 10:00 a.m. ET, led by President and CEO Daryl Kenningham and senior management.
Group 1 operates 259 automotive dealerships, 335 franchises, and 39 collision centers across the U.S. and U.K., offering 35 automobile brands. Their business encompasses new and used vehicle sales, vehicle financing, service and insurance contracts, automotive maintenance and repair services, and parts sales through both traditional dealerships and their omni-channel platform.
Group 1 Automotive (NYSE: GPI) announced two significant corporate actions: a new $500 million share repurchase authorization and a quarterly dividend declaration. The board increased the repurchase authorization by $333 million, following the company's year-to-date repurchase of 461,365 shares at an average price of $298.49, totaling $138 million. Additionally, a $0.47 per share dividend was declared, payable on December 16, 2024, reflecting a 4% increase in the annual dividend rate from $1.80 in 2023 to $1.88 in 2024.
Group 1 Automotive (NYSE: GPI) reported its Q3 2024 financial results with record quarterly revenues of $5.2 billion, up 11.0% year-over-year, and record gross profit of $852.7 million, up 8.4%. The company posted diluted earnings per share from continuing operations of $8.68 and adjusted EPS of $9.90. Net income from continuing operations was $117.1 million, down 28.6% from prior year. The quarter saw significant expansion in the UK with acquisitions adding 58 dealerships, though results were impacted by higher interest expense, depreciation, and global stop sales on certain BMW and Lexus models. The company repurchased 85,245 shares for $29.8 million during the quarter.
Group 1 Automotive (NYSE: GPI), a Fortune 250 automotive retailer, has announced the upcoming release of its third quarter 2024 financial results on Wednesday, October 30, 2024, before market open. The company will host a conference call at 10:00 a.m. ET on the same day to discuss the results. The call will be simulcast live on the company's website and available for replay for 30 days. Group 1 operates 260 automotive dealerships, 338 franchises, and 44 collision centers in the U.S. and U.K., offering 35 automobile brands. The company provides services including new and used car sales, vehicle financing, automotive maintenance and repair, and sale of vehicle parts.