AcceleRide®
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Group 1 Automotive(GPI) - 2021 Q2 - Earnings Call Presentation
2025-07-10 11:10
Financial Performance & Growth - Group 1's adjusted EPS increased by 255% CAGR[8] - Group 1's adjusted FCF increased by 206% CAGR[8] - Group 1's revenue increased by 15% CAGR[8] - AcceleRide® total sales growth was +111% YoY in 2Q21[36] Business Strategy & Operations - Parts & Service generates approximately 45% of total gross profit[9] - Group 1 has immediate liquidity well over $700 million and a 17x rent-adjusted leverage ratio as of June 30, 2021[7] - Group 1 has acquired approximately $39 billion in annual revenues from 2014-2021 YTD[18] Geographic Footprint & Market - 40% of Group 1's 2Q21 total new vehicle unit sales are in Texas[15] - Group 1 operates 117 dealerships in the United States, 55 dealerships in the United Kingdom and 16 dealerships in Brazil[13]
Group 1 Automotive(GPI) - 2021 Q3 - Earnings Call Presentation
2025-07-10 11:09
Financial Performance & Growth - Adjusted Earnings Per Share (EPS) increased by 255% [8] - Revenue experienced a Compound Annual Growth Rate (CAGR) of over 15% [8] - Group 1 has never lost money on an operating basis in any quarter [12] - AcceleRide® achieved 68% growth in units sold year-over-year for 3Q21 [12] Business Strategy & Operations - Parts & Service generates approximately 45% of total gross profit [9] - The company has acquired approximately $41 billion in revenue through acquisitions from 2014 to YTD 2021 [20] - Approximately half of Group 1's vehicles sold utilized at least one component of the AcceleRide® platform during 3Q21 [34] Geographic Footprint & Market Position - Group 1 operates 120 dealerships in 15 states in the United States [13] - Texas accounts for 37% of 3Q21 total new vehicle unit sales [15] - As of September 30, 2021, the Company owns approximately $14 billion of net real estate, representing 61% of dealership locations [24]
Group 1 Automotive (GPI) FY Earnings Call Presentation
2025-07-10 11:07
COVID-19 Impact and Recovery - In the first half of April, the Company's vehicle sales and service businesses were down about 50%[5] - By the end of June, the Company's new vehicle sales had rebounded to a level approximately 15% below last year, but then stalled out due to inventory issues[5] - The flexibility of the business model allowed the Company to generate record operating profit despite ~30% decrease in total company second quarter revenues[5] - In April, the Company had furloughed 90% of its employees in the U K [6] - At the end of June, 50% of the Company's staff remained on furlough in the U K [6] Cost Management - Swift action was taken to furlough or lay off 4,800 U S employees (43% of headcount)[13] - Nearly $300 million of annualized U S SG&A reduction from 2Q19[13] - Adjusted SG&A as a % of Gross Profit decreased from 70% in 2Q19 to 59% in 2Q20[12] AcceleRide® Program - AcceleRide® sales have shown significant growth, with total online sales reaching 1,057 units in August 2020[58] - Click to Enter AcceleRide increased +43%, Credit App Submission increased +14%, and F&I Included increased +16% post-COVID[53] Financial Performance - Group 1 Automotive has a market cap of approximately $1 6 billion as of July 27, 2020[19] - The Company redeemed 5 25% bonds ($300 million face) on April 3[86] - The Company refinanced 5 00% bonds ($550 million face) with 4 00% bonds[87]
Group 1 Automotive (GPI) 2022 Earnings Call Presentation
2025-07-10 11:06
Financial Performance & Growth - Group 1's 2021 revenue reached $13802 million, a significant increase from $10852 million in 2020[9] - Adjusted EPS in 2021 was $3502, compared to $1806 in 2020, demonstrating substantial earnings growth[9] - Adjusted free cash flow for 2021 was $656 million, up from $426 million in 2020, highlighting strong cash generation[9] - From 2020 through 1Q22, the company repurchased approximately 15% of its outstanding common shares, totaling $4059 million[34] Strategic Initiatives & Market Position - Group 1 completed $25 billion in acquisitions in 2021 and $550 million year-to-date in 2022, indicating a focus on growth through strategic acquisitions[10] - The company's digital platform, AcceleRide®, experienced 77% year-over-year growth in units sold in FY21, showcasing the success of its digital retail strategy[10] - Parts & Service contributes approximately 45% of total gross profit, emphasizing its importance to the business model[28] - U S same store used retail units grew by 15% on a year-over-year basis in 2021, outperforming the industry[34] Geographic Focus - Texas locations generated 40% of 4Q21 total new vehicle unit sales, highlighting the importance of the Texas market[25] - Group 1 is the 1 auto retailer in Texas, capitalizing on the state's strong economic growth and business climate[27] Real Estate Strategy - As of December 31, 2021, Group 1 owned approximately $17 billion of gross real estate, representing 64% of dealership locations[37]