Group 1 Automotive Q1 record revenue $4.1B; adjusted EPS $10.93 vs $10.81 YoY

GROUP 1 AUTOMOTIVE INC

2023-Q1 EPS reported $11.10 revenue$4,130,000,000

Record Q1 total revenue $4.1B (+7.4% YoY); net income from cont. ops $158.8M (-21.1% YoY).
Diluted EPS from cont. ops $11.12; adjusted diluted EPS $10.93 (+1.1% YoY).
Record parts & service revenue $548.3M, GP $297.3M (+14.4% YoY); new vehicle units sold 39,649 (+7.9%).
Acquired top Chevy dealership in FL (expected $150M annual revenue); disposed 3 dealerships (~$50M annualized).
Repurchased 180,982 shares at avg $191.85 ($34.7M); remaining auth. $128.5M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GROUP 1 AUTOMOTIVE INC reported financial results for three months ended March 31, 2023.

Period: three months ended March 31, 2023
Result: reported results

Exact text from the filing

On April 26, 2023, Group 1 Automotive, Inc., a Delaware corporation, issued a press release announcing its financial results for the three months ended March 31, 2023.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

GROUP 1 AUTOMOTIVE INC filing history →

Source: SEC EDGAR

accession 0001031203-23-000012

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