Company: GPI
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001031203-25-000061
Chunk: 113

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 113
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 Prior Year.

Total SG&A expenses in the U.S. during the Current Year increased $142.2 million, or 11.3%, as compared to the Prior Year, primarily driven by higher same store SG&A expenses and the acquisition of stores. Total same store SG&A expenses in the U.S. during the Current Year increased $92.5 million, or 7.2%, as compared to the Prior Year, primarily driven by increased employee related costs, third-party services, unfavorable legal settlements and higher facility related expenses.

35

Reported Operating Data — U.K.

(In millions, except unit data)

Three Months Ended September 30,20252024Increase/ (Decrease)% ChangeCurrency Impact on Current Period ResultsConstant Currency % ChangeRevenues:New vehicle retail sales$620.4 $550.7 $69.6 12.6 %$19.1 9.2 %Used vehicle retail sales621.8 498.2 123.6 24.8 %20.9 20.6 %Used vehicle wholesale sales57.5 40.3 17.2 42.6 %2.0 37.6 %Total used679.3 538.5 140.8 26.1 %22.9 21.9 %Parts and service sales166.3 131.6 34.8 26.4 %5.6 22.1 %F&I, net38.8 29.4 9.4 31.8 %1.2 27.6 %Total revenues$1,504.8 $1,250.3 $254.5 20.4 %$48.7 16.5 %Gross profit:New vehicle retail sales$48.0 $43.0 $5.0 11.6 %$1.4 8.3 %Used vehicle retail sales24.8 26.8 (2.0)(7.6)%0.8 (10.7)%Used vehicle wholesale sales(1.3)(0.9)(0.5)(52.0)%(0.1)(45.1)%Total used23.4 25.9 (2.5)(9.6)%0.8 (12.6)%Parts and service sales94.5 76.2 18