{"schema_version":"secwatch.filing_event.v1","accession":"0001019849-23-000109","form_type":"8-K","ticker":"PAG","cik":"0001019849","company_name":"PENSKE AUTOMOTIVE GROUP, INC.","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.894706+00:00","generated_at":"2026-06-13T02:07:02.134332+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Penske Automotive Q2 revenue up 8% to record $7.5B; EPS down 11% to $4.41","bullets":["Record Q2 revenue $7.5B (+8% YoY); net income $300.8M (-20%); EPS $4.41 (-11%).","Retail automotive same-store rev +6% with service/parts +11%; commercial truck same-store rev +19%.","Equity income from Penske Transportation Solutions fell to $73.3M from $136.6M due to higher costs.","Dividend raised 26% in 2023 to $0.72/share; $328M in share repurchases in first half 2023.","Acquired Transolutions Truck Centres targeting ~$180M annualized revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0001019849-23-000109","json":"https://secwatch.observer/filing/0001019849-23-000109.json","markdown":"https://secwatch.observer/filing/0001019849-23-000109.md","text":"https://secwatch.observer/filing/0001019849-23-000109.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1019849/000101984923000109/0001019849-23-000109-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1019849/000101984923000109/pag-20230726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:07:02.134332+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b3dfb39f86875708765d911160fda62df297f3d9","claim":"PENSKE AUTOMOTIVE GROUP, INC. reported second quarter of 2023 results: revenue $7.5 billion, net income $300.8 million, EPS $4.41.","evidence_excerpt":"reference in such a filing. --- EX-99.1 (EX-99.1) --- FOR IMMEDIATE RELEASE PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS Record Quarterly Revenue Increased 8% to $7.5 Billion Retail Automotive Same-Store Revenue Increased 6%, Including an 11% Increase in Service & Parts Retail Commercial Truck Same-Store Revenue Increased 19%, Including a 4% Increase","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1019849/000101984923000109/0001019849-23-000109-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Revenue","value":"$7.5 billion"},{"label":"Net income","value":"$300.8 million"},{"label":"EPS","value":"$4.41"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ca29385a41840abb35909527bf9d34aae0723c3c","claim":"PENSKE AUTOMOTIVE GROUP, INC. reported six months ended June 30, 2023 results: revenue $14.8 billion, net income $599.1 million, EPS $8.72.","evidence_excerpt":"For the six months ended June 30, 2023, revenue increased 7% to $14.8 billion. When compared to the same period last year, net income attributable to common stockholders decreased 19% to $599.1 million from $741.9 million, and related earnings per share decreased 10% to $8.72.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1019849/000101984923000109/0001019849-23-000109-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"six months ended June 30, 2023"},{"label":"Revenue","value":"$14.8 billion"},{"label":"Net income","value":"$599.1 million"},{"label":"EPS","value":"$8.72"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}