---
schema_version: "secwatch.filing_event.v1"
accession: "0001031203-23-000012"
form_type: "8-K"
ticker: "GPI"
cik: "0001031203"
company_name: "GROUP 1 AUTOMOTIVE INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T11:23:13.887291+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001031203-23-000012
- form_type: 8-K
- ticker: GPI
- cik: 0001031203
- company_name: GROUP 1 AUTOMOTIVE INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031203/000103120323000012/0001031203-23-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031203/000103120323000012/gpi-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001031203-23-000012
- JSON: https://secwatch.observer/filing/0001031203-23-000012.json
- Plain text: https://secwatch.observer/filing/0001031203-23-000012.txt

## Key facts
- Earnings Releases
  GROUP 1 AUTOMOTIVE INC reported financial results for three months ended March 31, 2023.
  - Period: three months ended March 31, 2023
  - Result: reported results
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031203/000103120323000012/0001031203-23-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.