Quarterly ResultApr 30, 2026, 03:50 PM
GPI Q1 Net Income +1.6% to $130.2M; EPS $10.87; U.S. Dealership Divestment Gain
AI Summary
Group 1 Automotive Inc. reported a slight revenue decrease to $5,407.1 million in Q1 2026, down 1.78% year-over-year, but net income increased by 1.64% to $130.2 million, resulting in a diluted EPS of $10.85, up 12.20%. The company recorded a significant pre-tax gain of $44.2 million from the disposition of two U.S. dealerships and continued its U.K. restructuring plan.
Key Highlights
- Net income increased 1.64% to $130.2 million in Q1 2026.
- Diluted EPS rose 12.20% to $10.85 for the quarter.
- Total revenues decreased 1.78% to $5,407.1 million.
- Recorded a $44.2 million pre-tax gain from disposing two U.S. dealerships.
- Acquired three U.K. dealerships for $0.6 million.
- U.K. segment income before taxes surged 129.2% to $25.9 million.
- Repurchased $72.4 million of common stock.
- Declared a quarterly dividend of $0.55 per share.
Price Impact
More from GPI