Company: GPI
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001031203-25-000049
Chunk: 104

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 2
Chunk 104
---
 89.6 %Total used139.5 135.1 4.4 3.2 %Parts and service sales598.6 540.3 58.3 10.8 %F&I, net384.5 355.2 29.2 8.2 %Total gross profit$1,403.7 $1,306.8 $96.8 7.4 %Gross margin:New vehicle retail sales6.9 %7.2 %(0.4)%Used vehicle retail sales5.7 %5.9 %(0.2)%Used vehicle wholesale sales2.8 %1.7 %1.2 %Total used5.5 %5.6 %(0.1)%Parts and service sales55.1 %54.4 %0.6 %Total gross margin17.3 %17.3 %0.1 %Units sold:Retail new vehicles sold78,902 74,614 4,288 5.7 %Retail used vehicles sold78,278 76,496 1,782 2.3 %Wholesale used vehicles sold19,878 18,052 1,826 10.1 %Total used98,156 94,548 3,608 3.8 %Average sales price per unit sold:New vehicle retail$51,984 $51,054 $929 1.8 %Used vehicle retail$29,990 $29,431 $559 1.9 %Gross profit per unit sold:New vehicle retail sales$3,563 $3,701 $(139)(3.7)%Used vehicle retail sales$1,717 $1,731 $(14)(0.8)%Used vehicle wholesale sales$255 $148 $107 72.2 %Total used$1,421 $1,429 $(8)(0.6)%F&I PRU$2,446 $2,351 $95 4.0 %Other:SG&A expenses$919.0 $812.5 $106.5 13.1 %SG&A as % gross profit65.5 %62.2 %3.3 %

31

Same Store Operating Data — U.S. 

(In millions, except