Company: GPI
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001031203-25-000049
Chunk: 2

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
 520.9 Total cost of sales4,767.8 3,929.8 9,381.1 7,657.7 GROSS PROFIT935.8 766.5 1,827.7 1,509.1 Selling, general and administrative expenses646.1 497.2 1,263.4 973.3 Depreciation and amortization expense28.7 28.2 58.0 52.0 Asset impairments0.4 — 0.8 — Restructuring charges7.6 — 18.7 — INCOME FROM OPERATIONS253.0 241.1 486.9 483.8 Floorplan interest expense26.4 24.7 53.3 45.2 Other interest expense, net42.7 33.4 82.5 62.7 Other expense (income)— 0.1 (0.2)(0.4)INCOME BEFORE INCOME TAXES183.9 183.0 351.4 376.3 Provision for income taxes44.0 45.2 83.8 91.0 Net income from continuing operations139.8 137.9 267.6 285.3 Net income from discontinued operations0.7 0.3 1.0 0.8 NET INCOME$140.5 $138.2 $268.6 $286.1 BASIC EARNINGS PER SHARE:Continuing operations$10.79 $10.20 $20.44 $21.01 Discontinued operations0.05 0.02 0.08 0.06 Total$10.84 $10.22 $20.52 $21.07 DILUTED EARNINGS PER SHARE:Continuing operations$10.77 $10.15 $20.40 $20.91 Discontinued operations0.05 0.02 0.08 0.06 Total$10.82 $10.17 $20.48 $20.97 WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:Basic12.8 13.2 12.9 13.3 Diluted12.8 13.3 13.0