Company: GPI
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001031203-25-000061
Chunk: 111

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 111
---
Units sold:Retail new vehicles sold117,290 111,175 6,115 5.5 %Retail used vehicles sold115,225 112,500 2,725 2.4 %Wholesale used vehicles sold29,083 26,649 2,434 9.1 %Total used144,308 139,149 5,159 3.7 %Average sales price per unit sold:New vehicle retail$52,118 $51,227 $892 1.7 %Used vehicle retail$30,290 $29,683 $607 2.0 %Gross profit per unit sold:New vehicle retail sales$3,437 $3,666 $(229)(6.3)%Used vehicle retail sales$1,656 $1,684 $(28)(1.7)%Used vehicle wholesale sales$210 $142 $68 47.7 %Total used$1,364 $1,389 $(24)(1.7)%F&I PRU$2,477 $2,372 $105 4.4 %Other:SG&A expenses$1,368.8 $1,276.3 $92.5 7.2 %SG&A as % gross profit 66.3 %65.6 %0.6 %

34

U.S. Region — Nine Months Ended September 30, 2025 Compared to 2024

Revenues

Total revenues in the U.S. during the nine months ended September 30, 2025 (“Current Year”) increased $838.8 million, or 7.3%, as compared to the nine months ended September 30, 2024 (“Prior Year”), driven by higher same store revenues and the acquisition of stores. 

Total same store revenues in the U.S. during the Current Year increased $768.9 million, or 6.8%, as compared to the Prior Year. This increase was driven by higher revenues across all business lines.

New vehicle retail same store revenues outperformed the Prior Year, driven by more units sold, coupled with higher pricing. This outperformance reflects the resiliency of demand. We ended the Current Year with a U.S. new vehicle inventory supply of 52 days, four days lower than the Prior Year.

Used vehicle retail same store revenues outperformed the Prior Year, driven by higher pricing