Company: GPI
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001031203-25-000061
Chunk: 47

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 47
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 %Retail used vehicles sold38,552 37,613 939 2.5 %Wholesale used vehicles sold9,707 9,162 545 5.9 %Total used48,259 46,775 1,484 3.2 %Average sales price per unit sold:New vehicle retail$52,281 $51,184 $1,097 2.1 %Used vehicle retail$30,904 $30,046 $858 2.9 %Gross profit per unit sold:New vehicle retail sales$3,274 $3,585 $(311)(8.7)%Used vehicle retail sales$1,538 $1,587 $(48)(3.0)%Used vehicle wholesale sales$119 $139 $(20)(14.5)%Total used$1,253 $1,303 $(50)(3.9)%F&I PRU$2,506 $2,380 $126 5.3 %Other:SG&A expenses$466.7 $434.8 $31.9 7.3 %SG&A as % gross profit66.9 %65.5 %1.4 %

31

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

Revenues

Total revenues in the U.S. during the Current Quarter increased $306.8 million, or 7.7%, as compared to the three months ended September 30, 2024 (“Prior Year Quarter”), driven by higher same store revenues and the acquisition of stores.

Total same store revenues in the U.S. during the Current Quarter increased $273.1 million, or 7.0%, as compared to the Prior Year Quarter. This increase was driven by higher revenues across all business lines. 

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

Used vehicle retail same store revenues outperformed the Prior Year Quarter, driven by higher pricing, coupled with more units sold. Used vehicle wholesale same store revenues outperformed the Prior Year Quarter, driven by more units sold, coupled with higher pricing. 

Parts and service same