secwatch.observer — SEC 8-K summary
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Issuer:     PENSKE AUTOMOTIVE GROUP, INC. (PAG)
CIK:        0001019849
Form:       8-K
Filed at:   2026-07-29T16:04:41+00:00
Accession:  0001628280-26-050469
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penske Automotive Q2 revenue up 6% to $8.5B; adjusted EPS $3.62; dividend raised to $1.44
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- Revenue $8.5B (+6% YoY); net income $260.4M ($3.96 EPS) vs $266.6M ($4.03) YoY.
- Adjusted net income $237.7M; adjusted EPS $3.62; excludes gain on dealership sales.
- Retail automotive units delivered >125,000 (+5% YoY); same-store service/parts gross margin up 80 bps to 59.5%.
- Dividend increased 1.4% to $1.44/share (payable Sept 1, 2026; record Aug 14, 2026); 23rd consecutive quarterly increase.
- Acquired Lexus of Orlando and Lexus of Winter Park; expected $450M annualized revenue; leverage ratio 1.7x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1019849/000162828026050469/0001628280-26-050469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1019849/000162828026050469/pag-20260729.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-050469

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