Edition:
India

Group 1 Automotive Inc (GPI.N)

GPI.N on New York Stock Exchange

50.63USD
14 Dec 2018
Change (% chg)

$0.57 (+1.14%)
Prev Close
$50.06
Open
$49.74
Day's High
$51.17
Day's Low
$49.74
Volume
54,719
Avg. Vol
83,677
52-wk High
$83.88
52-wk Low
$49.74

Latest Key Developments (Source: Significant Developments)

Group 1 Automotive Announces Opening Of Three New Dealerships Awarded By Manufacturer Partners
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Group 1 Automotive Inc ::GROUP 1 AUTOMOTIVE ANNOUNCES OPENING OF THREE NEW DEALERSHIPS AWARDED BY MANUFACTURER PARTNERS.GROUP 1 AUTOMOTIVE INC - ANNOUNCED PLANS TO COMMENCE BUSINESS THIS DECEMBER AT PORSCHE OF EL PASO.GROUP 1 AUTOMOTIVE INC - DEALERSHIPS ARE EXPECTED TO INITIALLY GENERATE APPROXIMATELY $90 MILLION IN AGGREGATE ANNUAL REVENUES.GROUP 1 AUTOMOTIVE INC - DEALERSHIPS ARE EXPECTED TO INITIALLY GENERATE APPROXIMATELY $90 MILLION IN AGGREGATE ANNUAL REVENUES.  Full Article

Group 1 Automotive Reports Q3 EPS $1.74
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Group 1 Automotive Inc ::QTRLY TOTAL REVENUE DOWN 4.1 PERCENT AT $2.89 BILLION.GROUP 1 AUTOMOTIVE ANNOUNCES THIRD QUARTER 2018 FINANCIAL RESULTS.INCREASES SHARE REPURCHASE AUTHORIZATION TO $100 MILLION.QTRLY ADJUSTED EARNINGS PER COMMON SHARE OF $2.47.QTRLY EARNINGS PER COMMON SHARE OF $1.74.Q3 EARNINGS PER SHARE VIEW $2.33, REVENUE VIEW $3.01 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY NEW VEHICLE REVENUES DECREASED 10.0 PERCENT.EXPECT MANUFACTURER SUPPLY TO IMPROVE ACROSS UK BY YEAR END.Q3 ADJUSTED NET INCOME AND DILUTED EPS EXCLUDE ABOUT $14.4 MILLION OF NET AFTER-TAX ADJUSTMENTS.GROUP 1 AUTOMOTIVE -"SEVERE" LACK OF 2019 MODEL VEHICLES TO SELL IN UK DURING MAJOR PLATE CHANGE SALES MONTH WAS "VERY DAMAGING TO BUSINESS".GROUP 1-IN UK, WLTP TESTING PROCEDURE CREATED "SERIOUS INVENTORY SUPPLY DELAY IN RELEASE OF MANY 2019 MODEL YEAR VEHICLES FOR SALE".  Full Article

Group 1 Automotive Increases Share Repurchase Authorization By $100 Mln To $126 Mln
Thursday, 17 May 2018 

May 16 (Reuters) - Group 1 Automotive Inc ::GROUP 1 AUTOMOTIVE INCREASES SHARE REPURCHASE AUTHORIZATION BY $100 MILLION TO $126 MILLION.GROUP 1 AUTOMOTIVE INC - BOARD OF DIRECTORS INCREASED COMPANY'S COMMON STOCK SHARE REPURCHASE AUTHORIZATION BY $100.0 MILLION TO $125.7 MILLION.GROUP 1 AUTOMOTIVE INC - COMPANY EXPECTS THAT ANY REPURCHASE OF SHARES WILL BE FUNDED BY CASH FROM OPERATIONS.  Full Article

Group 1 Automotive Announces Q1 Earnings Per Share $1.70
Thursday, 26 Apr 2018 

April 26 (Reuters) - Group 1 Automotive Inc ::GROUP 1 AUTOMOTIVE ANNOUNCES FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $1.70.Q1 EARNINGS PER SHARE VIEW $1.54 -- THOMSON REUTERS I/B/E/S.Q1 REVENUE ROSE 13.5 PERCENT TO $2.9 BILLION.Q1 REVENUE VIEW $2.66 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY NEW VEHICLE REVENUES INCREASED 13.2 PERCENT ON 7.6 PERCENT HIGHER UNIT SALES.QTRLY RETAIL USED VEHICLE REVENUES INCREASED 18.1 PERCENT ON 14.7 PERCENT HIGHER UNIT SALES.  Full Article

Group 1 Automotive Inc - Expands Presence In Brazil, Acquires New Toyota Market Area In São Paulo
Monday, 16 Apr 2018 

April 16 (Reuters) - Group 1 Automotive Inc ::GROUP 1 AUTOMOTIVE INC - EXPANDS PRESENCE IN BRAZIL, ACQUIRES NEW TOYOTA MARKET AREA IN SÃO PAULO.GROUP 1 AUTOMOTIVE - MAJOR EXPANSION TO EXISTING HONDA DEALERSHIP LOCATED IN SÃO PAULO SUBURB OF SÃO BERNARDO DO CAMPO.GROUP 1 AUTOMOTIVE - UNDER GROUP 1, THE BUSINESS WILL OPERATE AS T-DRIVE TOYOTA ALPHAVILLE AND IS EXPECTED TO GENERATE $45 MILLION IN ANNUALIZED REVENUES.GROUP 1 AUTOMOTIVE - ALSO ANNOUNCED EXPANSION AND RELOCATION OF ONE OF ITS SÃO PAULO HONDA DEALERSHIPS LOCATED IN SUBURB OF SÃO BERNARDO DO CAMPO.  Full Article

Group 1 Automotive Acquires Two Additional Dealerships In El Paso
Tuesday, 30 Jan 2018 

Jan 29 (Reuters) - Group 1 Automotive Inc ::GROUP 1 AUTOMOTIVE ACQUIRES TWO ADDITIONAL DEALERSHIPS IN EL PASO.‍THE DEALERSHIPS ARE AUDI EL PASO AND SUBARU EL PASO, AND ARE EXPECTED TO GENERATE APPROXIMATELY $65 MILLION IN ANNUALIZED REVENUES​.  Full Article

Group 1 Automotive Says ‍Opens Land Rover Franchise In Watford Franchise Expected To Generate Additional Estimated $35 Mln In Annualized Revenues ​
Tuesday, 9 Jan 2018 

Jan 8 (Reuters) - Group 1 Automotive Inc ::GROUP 1 AUTOMOTIVE - ‍OPENS LAND ROVER FRANCHISE IN WATFORD; FRANCHISE EXPECTED TO GENERATE ADDITIONAL ESTIMATED $35 MILLION IN ANNUALIZED REVENUES ​.  Full Article

Group 1 Automotive increases quarterly cash dividend
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Group 1 Automotive Inc :Group 1 Automotive increases quarterly cash dividend.Sets quarterly cash dividend of $0.25per share.Group 1 Automotive Inc - ‍New dividend represents an increase of 4.2 percent, or $0.01 per share, from Q2 of 2017​.  Full Article

Group 1 Automotive Q3 earnings per share $1.43
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Group 1 Automotive Inc :Group 1 Automotive reports third quarter 2017 financial results.Q3 adjusted non-gaap earnings per share $2.23.Q3 earnings per share $1.43.Group 1 Automotive Inc - ‍q3 2017 adjusted net income and diluted earnings per share exclude approximately $16.8 million of net, after-tax adjustments​.Q3 revenue rose 6.7 percent to $3.0 billion.Group 1 Automotive - q3 ‍adjustments primarily consist of costs directly associated with hurricane harvey of about $9.0 million after-tax, or $0.44 per share​.Q3 earnings per share view $1.76, revenue view $2.80 billion -- Thomson Reuters I/B/E/S.  Full Article

Group 1 Automotive raises quarterly cash dividend
Wednesday, 15 Feb 2017 

Group 1 Automotive Inc : Group 1 automotive increases quarterly cash dividend . Increases quarterly dividend by 4.3 percent .Sets quarterly cash dividend of $0.24 per share.  Full Article

Group 1 Automotive posts strong profit on used car demand

DETROIT, July 26 Group 1 Automotive on Thursday posted a 44 percent increase in quarterly profit that topped Wall Street's expectations on strong used car sales and cost cutting efforts.