Group 1 Automotive (GPI) has raised its 2025 annual dividend to $2 per share. This represents a 6% increase from the 2024 dividend of $1.88 per share. As part of this increase, a quarterly dividend of 50 cents per share will be paid on March 17, 2025, to its stockholders who own shares as of March 3, 2025.This dividend increase signals financial strength and commitment to shareholder returns and is likely to boost investor confidence in GPI. Investors should note that the company has increased dividends 11 ...

Core Insights - Group 1 Automotive, Inc. will host an Analyst Day event on February 13, 2025, at the New York Stock Exchange, led by President and CEO Daryl Kenningham [1][2] - The Analyst Day will cover the Company's 2024 financial performance, 2025 priorities, updates on U.K. restructuring activities, and include a Q&A session [2] Company Overview - Group 1 operates 258 automotive dealerships, 330 franchises, and 39 collision centers in the U.S. and U.K., offering 35 automobile brands [3] - The Company engages in selling new and used cars, arranging vehicle financing, selling service and insurance contracts, and providing automotive maintenance and repair services [3]

Core Viewpoint - Group 1 Automotive, Inc. has announced a 6% increase in its annual dividend rate for 2025, raising it to $2.00 per share from $1.88 per share in 2024 [1] Group 1 Automotive Overview - Group 1 operates 258 automotive dealerships and 330 franchises in the U.S. and U.K., offering 35 brands of automobiles [2] - The company provides a range of services including the sale of new and used cars, vehicle financing, service and insurance contracts, automotive maintenance and repair, and vehicle parts [2] Dividend Details - The approved dividend of $2.00 per share includes a payment of $0.50 per share scheduled for March 17, 2025, to stockholders of record as of March 3, 2025 [1]

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Core Insights - Group 1 Automotive (GPI) reported fourth-quarter 2024 adjusted earnings per share (EPS) of $10.02, exceeding the Zacks Consensus Estimate of $9.21 and reflecting a year-over-year increase of 5.5% [1] - The company achieved net sales of $5.55 billion, surpassing the Zacks Consensus Estimate of $5.20 billion and increasing from $4.48 billion in the same quarter last year [1] Quarterly Highlights - New vehicle retail sales rose 23.7% year over year to $2.86 billion, exceeding projections of $2.74 billion, with total retail new vehicles sold reaching 57,939 units, a 26.4% increase [2] - Used-vehicle retail sales increased 23.9% from the previous year to $1.65 billion, surpassing the forecast of $1.49 billion, with total retail used vehicles sold at 55,337 units, also up 23.9% [3] - Used-vehicle wholesale sales grew 26% year over year to $128.9 million, exceeding expectations of $112.3 million, while the Parts and Service business saw revenues rise 24.8% to $680.2 million [4] Segment Performance - U.S. business segment revenues increased 12.3% year over year to $4.23 billion, though it fell short of the forecast of $4.29 billion, with gross profit rising 8.7% to $695.9 million [5] - The U.K. business segment experienced a significant revenue jump of 85.3% year over year to $1.31 billion, beating estimates due to strong retail sales, with gross profit surging 102.6% to $183.3 million [6] Financial Position - Selling, general and administrative expenses rose 26% year over year to $614.3 million, while cash and cash equivalents decreased to $34.4 million from $57.2 million [7] - Total debt increased to $2.91 billion as of December 31, 2024, up from $2.1 billion a year earlier [7] Share Repurchase - During the quarter, GPI repurchased 80,300 shares at an average price of $398.30 per share, totaling $32 million, with $476.1 million remaining on its authorized stock buyback program [8]

4Q24 Summary ($MM) 2,256 2,441 1,299 1,342 182 202 530 576 4Q23 4Q24 Same Store Revenues 9% 11% 3% 8% Total Company Revenues 2,311 2,858 1,334 187 1,653 226 545 680 4Q23 4Q24 25% 21% 24% 24% Fourth Quarter & Full Year 2024 Financial Results Investor Presentation January 29, 2025 Forward looking statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements related to future, not past, events and are based on ...

Core Insights - Group 1 Automotive (GPI) reported a revenue of $5.55 billion for the quarter ended December 2024, reflecting a year-over-year increase of 23.8% and surpassing the Zacks Consensus Estimate by 6.67% [1] - The earnings per share (EPS) for the quarter was $10.02, an increase from $9.50 in the same quarter last year, exceeding the consensus EPS estimate of $9.21 by 8.79% [1] Financial Performance Metrics - Retail new vehicles sold in the United States reached 43,348, exceeding the three-analyst average estimate of 41,192 [4] - Retail used vehicles sold in the United States totaled 37,699, surpassing the three-analyst average estimate of 36,714 [4] - The average sales price for new vehicles sold in the United States was $52,688, higher than the estimated $51,851.37 [4] - The average sales price for used vehicles sold in the United States was $30,264, compared to the estimated $29,932.46 [4] Revenue Breakdown - Revenues from new vehicle retail sales in the United States were $2.28 billion, exceeding the estimated $2.14 billion and representing a 14.8% increase year-over-year [4] - Revenues from used vehicle retail sales in the United States were $1.14 billion, surpassing the estimated $1.10 billion and showing a 7.1% year-over-year increase [4] - In the United Kingdom, revenues from new vehicle retail sales were $574.10 million, exceeding the average estimate of $532.99 million and reflecting a 78.4% year-over-year increase [4] - Revenues from finance and insurance (F&I) in the United Kingdom were $29.80 million, compared to the estimated $26.15 million, marking a 96.1% year-over-year increase [4] - Total revenues from new vehicle retail sales amounted to $2.86 billion, exceeding the estimated $2.67 billion and representing a 23.7% year-over-year increase [4] - Revenues from finance, insurance, and other net totaled $225.50 million, surpassing the estimated $207.81 million and reflecting a 20.5% year-over-year increase [4] - Total revenues from used vehicle sales were $1.78 billion, exceeding the estimated $1.65 billion and showing a 24.1% year-over-year increase [4] - Revenues from used vehicle wholesale sales were $128.90 million, surpassing the estimated $113.30 million and reflecting a 26% year-over-year increase [4]

Group 1 Automotive (GPI) came out with quarterly earnings of $10.02 per share, beating the Zacks Consensus Estimate of $9.21 per share. This compares to earnings of $9.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.79%. A quarter ago, it was expected that this auto dealer would post earnings of $9.93 per share when it actually produced earnings of $9.90, delivering a surprise of -0.30%.Over the last four quarters, the co ...

Exhibit 99.1 | Fourth Quarter 2024 | Consolidated | | Same Store (a | | | --- | --- | --- | --- | --- | | Key Performance Metrics | | | non-GAAP measure) | | | (year-over-year comparable period basis) | | | | | | Reported: | 4Q24 | Change | 4Q24 | Change | | Total revenues | $5.5B | +23.8% | $4.7B | +6.8% | | Total gross profit ("GP") | $879.2M | +20.3% | $743.1M | +4.5% | | NV units sold | 57,939 | +26.4% | 47,354 | +6.0% | | NV GP per retail unit ("PRU") | $3,540 | (12.0)% | $3,486 | (13.6)% | | Used vehi ...

Current quarter diluted earnings per common share from continuing operations of $7.08 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of $10.02 Full year all-time record retail new and used vehicle units sold of 413,364, a 13.8% increase over the comparable prior year period Gross profit of $879.2 million from total revenues of $5.5 billion, both quarterly records, and a 20.3% and 23.8% increase, respectively, over the comparable prior year per ...