secwatch.observer — SEC 8-K summary
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Issuer:     PENSKE AUTOMOTIVE GROUP, INC. (PAG)
CIK:        0001019849
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001628280-26-028227
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penske Automotive Q1 EPS $3.56 vs $3.86 YoY; net income down 9%
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- Revenue $7.9B (down from $8.0B); GAAP EPS $3.56 vs $3.86; adjusted EPS $3.05.
- Record retail automotive service & parts revenue $864M (+4.6% YoY; same-store +4.6%).
- Completed acquisitions adding $450M annualized revenue; repurchased 170,393 shares.
- PTS equity income up 24% to $41.1M; leverage ratio 1.8x with $1.3B liquidity.
- Retail commercial truck units down 24% YoY; Class 8 orders improving.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1019849/000162828026028227/0001628280-26-028227-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1019849/000162828026028227/pag-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-028227

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer