Company: GPI
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001031203-25-000049
Chunk: 51

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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(In millions, except unit data)

Three Months Ended June 30,20252024Increase/ (Decrease)% ChangeCurrency Impact on Current Period ResultsConstant Currency % ChangeRevenues:New vehicle retail sales$341.1 $354.6 $(13.6)(3.8)%$19.2 (9.2)%Used vehicle retail sales339.7 301.3 38.4 12.7 %18.7 6.5 %Used vehicle wholesale sales36.2 25.9 10.3 39.9 %2.0 32.2 %Total used375.9 327.1 48.7 14.9 %20.7 8.6 %Parts and service sales80.6 74.3 6.3 8.5 %4.5 2.4 %F&I, net21.0 16.3 4.7 28.7 %1.2 21.6 %Total revenues$818.5 $772.4 $46.2 6.0 %$45.5 0.1 %Gross profit:New vehicle retail sales$23.8 $25.7 $(2.0)(7.6)%$1.4 (12.9)%Used vehicle retail sales16.0 14.8 1.2 7.9 %0.9 2.0 %Used vehicle wholesale sales(1.6)(2.4)0.8 34.0 %(0.1)37.9 %Total used14.4 12.4 2.0 16.0 %0.8 9.8 %Parts and service sales48.3 43.1 5.2 12.0 %2.7 5.8 %F&I, net21.0 16.3 4.7 28.7 %1.2 21.6 %Total gross profit$107.4 $97.5 $9.9 10.1 %$6.0 4.0 %Gross margin:New vehicle retail sales7.0 %7.3 %(0.3)%Used vehicle retail sales4.7 %4.9 %(0.2