Company: GPI
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001031203-25-000061
Chunk: 38

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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3,407 $(157)(4.6)%$25 (5.3)%Used vehicle retail sales$1,433 $1,574 $(141)(9.0)%$14 (9.9)%Used vehicle wholesale sales$(15)$28 $(44)NM$(4)(141.5)%Total used$1,126 $1,261 $(135)(10.7)%$10 (11.5)%F&I PRU$2,061 $1,952 $109 5.6 %$11 5.1 %Other:SG&A expenses$654.9 $591.6 $63.3 10.7 %$5.8 9.7 %SG&A as % gross profit71.2 %69.4 %1.8 %Floorplan expense:Floorplan interest expense$23.7 $31.1 $(7.5)(24.0)%$0.2 (24.7)%Less: floorplan assistance (1)23.5 24.1 (0.6)(2.7)%— (2.7)%Net floorplan expense$0.2 $7.0 $(6.8)$0.2 

(1) Floorplan assistance is included within Gross profit — New vehicle retail sales above and Cost of sales — New vehicle retail sales in our Condensed Consolidated Statements of Operations. 

NM — Not Meaningful

26

Same Store Operating Data — Consolidated 

(In millions, except unit data)

Three Months Ended September 30,20252024Increase/ (Decrease)% ChangeCurrency Impact on Current Period ResultsConstant Currency % ChangeRevenues:New vehicle retail sales$2,644.7 $2,511.9 $132.8 5.3 %$16.2 4.6 %Used vehicle retail sales1,707.6 1,604.4 103.2 6.4 %17.3 5.4 %Used vehicle wholesale sales134.6 118.3 16.3 13.8 %1.7 12.4 %Total used1,842.2 1,722.7 119.5 6.9 %19.0 5.8 %Parts and service sales691.0 644.3 46