Company: GPI
Filing Date: 2025-04-25
Form Type: 10-Q
Source: 0001031203-25-000029
Chunk: 74

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-04-25
Form: 10-Q
Item: Part I, Item 2
Chunk 74
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731 $(279)(7.5)%Used vehicle retail sales$1,703 $1,758 $(55)(3.1)%Used vehicle wholesale sales$252 $155 $97 62.3 %Total used$1,400 $1,448 $(48)(3.3)%F&I PRU$2,426 $2,340 $86 3.7 %Other:SG&A expenses$447.4 $394.9 $52.6 13.3 %SG&A as % gross profit66.3 %61.8 %4.5 %

25

Same Store Operating Data — U.S.

(In millions, except unit data)

Three Months Ended March 31,20252024Increase/(Decrease)% ChangeRevenues:New vehicle retail sales$1,877.7 $1,748.0 $129.7 7.4 %Used vehicle retail sales1,105.3 1,073.7 31.5 2.9 %Used vehicle wholesale sales88.7 77.2 11.4 14.8 %Total used1,193.9 1,151.0 43.0 3.7 %Parts and service sales509.7 482.8 26.9 5.6 %F&I, net179.6 167.6 12.0 7.2 %Total revenues$3,761.0 $3,549.4 $211.6 6.0 %Gross profit:New vehicle retail sales$121.7 $128.0 $(6.3)(4.9)%Used vehicle retail sales63.3 65.2 (1.9)(2.9)%Used vehicle wholesale sales2.5 1.4 1.1 84.1 %Total used65.7 66.5 (0.8)(1.2)%Parts and service sales276.7 260.9 15.7 6.0 %F&I, net179.6 167.6 12.0 7.2 %Total gross profit$643.7 $623.1 $20.7 3.3 %Gross margin:New vehicle retail sales6.5 %7.3 %(0.