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Group 1 Automotive Inc (GPI.N)

GPI.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Group 1 Automotive acquires UK dealership group
Wednesday, 5 Jul 2017 07:07am EDT 

July 5 (Reuters) - Group 1 Automotive Inc :Group 1 Automotive acquires significant uk dealership group.Group 1 Automotive Inc - acquisition of beadles group ltd.Group 1 Automotive Inc - dealerships will continue to operate under Beadles name.Says ‍the dealerships are expected to generate approximately $330 million in annualized revenues​.Group 1 Automotive Inc - "with this addition, our UK operations are estimated to generate over $2 billion in annualized revenues".Group 1 Automotive Inc - acquisition increases company's UK operations to 43 dealerships.  Full Article

Group 1 Automotive increases share repurchase authorization to $75 million
Friday, 12 May 2017 07:12am EDT 

May 12 (Reuters) - Group 1 Automotive Inc : :Group 1 Automotive increases share repurchase authorization to $75 million.Group 1 Automotive Inc - company expects that any repurchase of shares will be funded by cash from operations.Group 1 Automotive increases share repurchase authorization to $75 million.Group 1 Automotive Inc - Group 1's board of directors also declared a cash dividend of $0.24 per share for Q1 of 2017.  Full Article

Group 1 Automotive appoints new chairman of the board
Friday, 12 May 2017 07:07am EDT 

May 12 (Reuters) - Group 1 Automotive Inc : :Group 1 Automotive appoints new chairman of the board.Group 1 Automotive Inc- Stephen D. Quinn has been elected by its board to serve as non-executive chairman of its board of directors.Group 1 Automotive Inc - Quinn has replaced John L. Adams, whose incumbency spanned twelve years.Group 1 Automotive Inc - Adams will continue as a director and now serve as chairman of company's finance/risk management (frm) committee.  Full Article

Group 1 Automotive Q1 earnings per share $1.58
Friday, 28 Apr 2017 06:07am EDT 

April 28 (Reuters) - Group 1 Automotive Inc ::Group 1 Automotive reports first quarter 2017 financial results.Q1 earnings per share $1.58.Q1 adjusted non-gaap earnings per share $1.53.Qtrly retail used vehicle revenues decreased 4.0 percent ((2.0) percent) on a 3.7 percent decrease in unit sales.Q1 earnings per share view $1.70 -- Thomson Reuters I/B/E/S.Qtrly new vehicle revenues decreased 5.2 percent ((3.1) percent) on a 6.1 percent decrease in unit sales.Qtrly total revenue decreased 3.4 percent to $2.5 billion.Group 1 automotive - Q1 adjusted net income and diluted earnings per share exclude non-core benefit of approximately $1.1 million after-tax, or $0.05 per share.Q1 revenue view $2.59 billion -- Thomson Reuters I/B/E/S.  Full Article

Group 1 Automotive Q4 non-GAAP shr $1.74
Thursday, 2 Feb 2017 07:07am EST 

Group 1 Automotive Inc : Q4 revenue $2.67 billion . Group 1 automotive reports fourth quarter and full year 2016 financial results . Q4 adjusted non-gaap earnings per share $1.74 . Qtrly diluted earnings per common share of $1.44 . Q4 earnings per share view $1.67, revenue view $2.68 billion -- Thomson Reuters I/B/E/S . Group 1 automotive inc says q4 total revenue was flat at $2.7 billion . Group 1 automotive inc - new vehicle revenues decreased 1.7 percent in quarter .Group 1 automotive inc - in quarter, retail used vehicle revenues increased 0.8 percent on 0.5 percent higher unit sales.  Full Article

Group 1 Automotive posts qtrly earnings per share of $2.12
Thursday, 28 Jul 2016 07:07am EDT 

Group 1 Automotive Inc : Group 1 Automotive reports second quarter 2016 results . Group 1 Automotive Inc says qtrly total U.K. Revenues increased 51.8 percent to $467.8 million . Q2 same store sales rose 9.4 percent . Qtrly earnings per share $2.12 . Qtrly adjusted earnings per share $2.16 . Qtrly total revenue increased 2.1 percent to $2.8 billion . Q2 earnings per share view $2.09, revenue view $2.89 billion -- Thomson Reuters I/B/E/S .Says qtrly new vehicle retail sales of $1.54 billion, up 0.4 percent.  Full Article

Group 1 Automotive completes new $1.8 bln credit facility
Friday, 17 Jun 2016 04:07pm EDT 

Group 1 Automotive Inc - : Revolving facility will provide $1.45 billion for inventory floorplan financing . $1.8 billion five-year revolving syndicated credit facility will expire in June 2021,can be expanded to $2.1 billion total availability .Group 1 automotive completes new $1.8 billion revolving credit facility with lenders.  Full Article

Group 1 Automotive sets qtrly cash dividend of $0.23/shr
Wednesday, 18 May 2016 07:16am EDT 

Group 1 Automotive Inc : Sets quarterly cash dividend of $0.23 per share . Sets quarterly cash dividend of $0.23 per share . New dividend represents an increase of 4.5 percent, or $0.01 per share, from Q4 of 2015 .Group 1 Automotive increases quarterly cash dividend.  Full Article

Group 1 Automotive Inc board declares cash dividend
Thursday, 11 Feb 2016 07:08am EST 

Group 1 Automotive Inc:Says board of directors declared a cash dividend of $0.22 per share for the fourth quarter of 2015.  Full Article

Group 1 Automotive, inc announces pricing of $300 million upsized offering of senior notes
Thursday, 3 Dec 2015 05:34pm EST 

Group 1 Automotive, Inc:Announces pricing of $300 million upsized offering of senior notes.Pricing of its private placement of $300 million in aggregate principal amount of its 5.250% senior unsecured notes due 2023.Says offering size was increased to $300 million from $250 million.  Full Article