Company: GPI
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001031203-25-000061
Chunk: 42

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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 %$257 2.9 %Gross profit per unit sold:New vehicle retail sales$3,394 $3,518 $(124)(3.5)%$21 (4.1)%Used vehicle retail sales$1,534 $1,625 $(90)(5.5)%$10 (6.2)%Used vehicle wholesale sales$36 $(43)$79 NM$(3)NMTotal used$1,211 $1,296 $(85)(6.6)%$7 (7.1)%F&I PRU$2,022 $2,010 $12 0.6 %$8 0.2 %Other:SG&A expenses$1,918.2 $1,564.9 $353.3 22.6 %$12.1 21.8 %SG&A as % gross profit69.8 %66.3 %3.6 %Floorplan expense:Floorplan interest expense$77.0 $76.3 $0.6 0.8 %$0.4 0.3 %Less: floorplan assistance (1)66.5 63.4 3.1 4.8 %— 4.8 %Net floorplan expense$10.5 $12.9 $(2.4)$0.4 

(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

28

Same Store Operating Data — Consolidated 

(In millions, except unit data)

Nine Months Ended September 30,20252024Increase/ (Decrease)% ChangeCurrency Impact on Current Period ResultsConstant Currency % ChangeRevenues:New vehicle retail sales$7,380.1 $6,974.3 $405.8 5.8 %$34.9 5.3 %Used vehicle retail sales4,677.2 4,432.2 245.0 5.5 %33.9 4.8 %Used vehicle wholesale sales372.4 324.7 47.7 14.7 %3.5 13.6 %Total used5,049.6 4,756.9 292.