Announcement • May 21
Group 1 Automotive, Inc. Announces Executive Changes Group 1 Automotive, Inc. announced the appointment of Daniel McHenry as President and CEO of its UK business, effective May 19, 2026.Prior to becoming CFO for Group 1, Daniel spent 13 years in Group 1's UK Operations. He will lead the UK business while continuing in his CFO role, reporting to Daryl Kenningham, Group 1's President and CEO. McHenry replaces Mark Raban, who is leaving the Company after two years as the head of the UK business. A native of Belfast, Northern Ireland, McHenry holds a Bachelor's degree in Economics from Queen's University Belfast and a Master's degree in Accounting and Management Science from the University of Southampton. Prior to his 2020 appointment as CFO, he served as UK Finance Director for Group 1. Prior to becoming CFO for Group 1, Daniel spent 13 years in Group 1's UK Operations. Mark Raban is leaving the Company after two years as the head of the UK business. Declared Dividend • May 20
First quarter dividend of US$0.55 announced Shareholders will receive a dividend of US$0.55. Ex-date: 1st June 2026 Payment date: 15th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (0.1924% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 14
Group 1 Automotive, Inc. announces Quarterly dividend, payable on June 15, 2026 Group 1 Automotive, Inc. announced Quarterly dividend of USD 0.5500 per share payable on June 15, 2026, ex-date on June 01, 2026 and record date on June 01, 2026. Announcement • Apr 09
Group 1 Automotive, Inc. to Report Q1, 2026 Results on Apr 30, 2026 Group 1 Automotive, Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 30, 2026 Announcement • Mar 20
Group 1 Automotive, Inc., Annual General Meeting, May 12, 2026 Group 1 Automotive, Inc., Annual General Meeting, May 12, 2026. Announcement • Feb 12
Group 1 Automotive, Inc. Approves Increase to 2026 Dividend Rate and Declares Quarterly Dividend, payable on March 16, 2026 Group 1 Automotive, Inc. announced its board of directors has approved an increase in the 2026 annual dividend rate to $2.20 per share. This represents an increase of 10%, or $0.20, from the 2025 annual dividend rate of $2.00 per share. Consistent with this increase, a $0.55 dividend per share will be payable on March 16, 2026, to stockholders of record as of March 2, 2026. Announcement • Jan 15
Group 1 Automotive, Inc. to Report Q4, 2025 Results on Jan 29, 2026 Group 1 Automotive, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Jan 29, 2026 Announcement • Oct 14
Group 1 Automotive, Inc. to Report Q3, 2025 Results on Oct 28, 2025 Group 1 Automotive, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 28, 2025 Announcement • Aug 13
Group 1 Automotive, Inc. Declares Quarterly Dividend, Payable on September 16, 2025 Group 1 Automotive, Inc. announced its board of directors declared a quarterly dividend of $0.50 per share. The dividend is consistent with the Company's previously announced increase of 6% in its annualized dividend rate from $1.88 per share in 2024 to $2.00 per share in 2025. The dividend is payable on September 16, 2025 to stockholders of record as of September 2, 2025. Announcement • Aug 12
Group 1 Automotive, Inc. Appoints Melkeya Mcduffie as Senior Vice President and Chief Human Resources Officer, Effective August 11 Group 1 Automotive, Inc. announced the appointment of Melkeya McDuffie as Senior Vice President and Chief Human Resources Officer, effective, August 11. Having served in executive human resources leadership roles for over 20 years across multiple industries and companies, Ms. McDuffie has a proven track record of developing and deploying strategies to attract, enrich and retain the best talent needed to capacitate businesses for sustainable growth and profitability. Announcement • Aug 05
Group 1 Automotive, Inc. (NYSE:GPI) acquired Mercedes Benz Of Buckhead, Inc. Group 1 Automotive, Inc. (NYSE:GPI) acquired Mercedes Benz Of Buckhead, Inc. on August 4, 2025. This high performing dealership, located in Atlanta, Georgia, expands the Group 1's footprint in the Southeastern U.S. to 29 dealerships. Mercedes-Benz of Buckhead is expected to generate $210 million in annual revenues.
Group 1 Automotive, Inc. (NYSE:GPI) completed the acquisition of Mercedes Benz Of Buckhead, Inc. on August 4, 2025. Announcement • Jul 07
Group 1 Automotive, Inc. to Report Q2, 2025 Results on Jul 24, 2025 Group 1 Automotive, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 24, 2025 Announcement • May 14
Group 1 Automotive, Inc. Declares Quarterly Dividend, Payable on June 16, 2025 Group 1 Automotive, Inc. announced its board of directors declared a quarterly dividend of $0.50 per share. The dividend is consistent with the Company's previously announced increase of 6% in its annualized dividend rate from $1.88 per share in 2024 to $2.00 per share in 2025. The dividend is payable on June 16, 2025 to stockholders of record as of June 2, 2025. Announcement • Apr 09
Group 1 Automotive, Inc. to Report Q1, 2025 Results on Apr 24, 2025 Group 1 Automotive, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 24, 2025 Announcement • Mar 21
Group 1 Automotive, Inc., Annual General Meeting, May 13, 2025 Group 1 Automotive, Inc., Annual General Meeting, May 13, 2025. Announcement • Mar 01
Group 1 Automotive, Inc. Announces Retirement of Michael D. Jones as Senior Vice President – Aftersales, Effective September 1, 2025 On February 26, 2025, Group 1 Automotive, Inc. announced that Michael D. Jones, Senior Vice President – Aftersales, notified the Company that he will retire from his officer position effective September 1, 2025. Post Transition Date, Mr. Jones will remain with the Company as a part-time employee through December 31, 2025. Announcement • Feb 16
Georgica Auto Holdings, LLC acquired Bill Kolb Jr. Subaru, Inc. Georgica Auto Holdings, LLC acquired Bill Kolb Jr. Subaru, Inc. on February 14, 2025. Presidio acted as financial advisor to Group 1 Automotive. Day Pitney acted as advisor and Weiner & Co. acted as the due diligence advisor for Georgica Auto Holdings.
Georgica Auto Holdings, LLC completed the acquisition of Bill Kolb Jr. Subaru, Inc. on February 14, 2025. Announcement • Feb 13
Group 1 Automotive, Inc. Declares Quarterly Dividend, Payable on March 17, 2025 Group 1 Automotive, Inc. announced its board of directors has approved an increase in the 2025 annual dividend rate to $2.00 per share. This represents an increase of 6%, or $0.12, from the 2024 annual dividend rate of $1.88 per share. Consistent with this increase, a $0.50 dividend per share will be payable on March 17, 2025, to stockholders of record as of March 3, 2025. Announcement • Jan 15
Group 1 Automotive, Inc. to Report Q4, 2024 Results on Jan 29, 2025 Group 1 Automotive, Inc. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Jan 29, 2025 Recent Insider Transactions • Nov 05
Insider recently sold €822k worth of stock On the 31st of October, Peter DeLongchamps sold around 2k shares on-market at roughly €340 per share. This transaction amounted to 7.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$8.87 (vs US$11.72 in 3Q 2023) Third quarter 2024 results: EPS: US$8.87 (down from US$11.72 in 3Q 2023). Revenue: US$5.22b (up 11% from 3Q 2023). Net income: US$117.1m (down 27% from 3Q 2023). Profit margin: 2.2% (down from 3.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 02
Group 1 Automotive, Inc. (NYSE:GPI) acquired Soper Of Lincoln Limited. Group 1 Automotive, Inc. (NYSE:GPI) acquired Soper Of Lincoln Limited on October 1, 2024. The acquisition is expected to generate approximately $130 million in annual revenues.
Group 1 Automotive, Inc. (NYSE:GPI) completed the acquisition of Soper Of Lincoln Limited on October 1, 2024. Declared Dividend • Aug 19
Second quarter dividend of US$0.47 announced Shareholders will receive a dividend of US$0.47. Ex-date: 30th August 2024 Payment date: 16th September 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.5%. Recent Insider Transactions • Aug 19
Senior Vice President of Aftersales recently sold €383k worth of stock On the 15th of August, Michael Jones sold around 1k shares on-market at roughly €320 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €695k. Insiders have been net sellers, collectively disposing of €2.6m more than they bought in the last 12 months. Announcement • Aug 09
Group 1 Automotive, Inc. Declares Quarterly Dividend, Payable on September 16, 2024 Group 1 Automotive, Inc. announced its board of directors declared a quarterly dividend of $0.47 per share. The dividend is consistent with the Company's previously announced increase of 4% in its annualized dividend rate from $1.80 per share in 2023 to $1.88 per share in 2024. The dividend is payable on September 16, 2024 to stockholders of record as of September 2, 2024. Announcement • Aug 01
Group 1 Automotive, Inc. (NYSE:GPI) completed the acquisition of Inchcape U.K. Dealerships from Inchcape plc (LSE:INCH). Group 1 Automotive, Inc. (NYSE:GPI) entered into a definitive agreement to acquire Inchcape U.K. Dealerships from Inchcape plc (LSE:INCH) for approximately £346 million on April 15, 2024. The transaction is an all-cash transaction, inclusive of £220 million of appraised real estate value. In 2023, the Inchcape U.K. dealerships generated approximately £2.1 billion in annual revenues. The transaction is subject to the receipt of approval from the Financial Conduct Authority and is expected to close in the third quarter of 2024. J.P. Morgan Securities LLC acted as exclusive financial adviser to Group 1 on the transaction. Faye Garvey , James Vernon, Eleanor Hart, Lorna McCaa, John Finnick, Christopher Graf, Lorna Rogers Dentons UK and Middle East LLP acted as legal advisers to Group 1. Roddy Martin, Casey Dalton, Natalia Rodriguez, Sam Brown, Paul Ellerman and Tim Leaver, Clive, Kristen Roberts, Kathryn Oie from Herbert Smith Freehills LLP acted as legal advisors to Inchcape plc (LSE:INCH) in the transaction.
Group 1 Automotive, Inc. (NYSE:GPI) completed the acquisition of Inchcape U.K. Dealerships from Inchcape plc (LSE:INCH) on August 1, 2024. The completion of the Disposal follows approval from the Financial Conduct Authority obtained on July 29, 2024. Reported Earnings • Jul 25
Second quarter 2024 earnings released: EPS: US$10.37 (vs US$12.06 in 2Q 2023) Second quarter 2024 results: EPS: US$10.37 (down from US$12.06 in 2Q 2023). Revenue: US$4.70b (up 3.0% from 2Q 2023). Net income: US$137.9m (down 17% from 2Q 2023). Profit margin: 2.9% (down from 3.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 13
Group 1 Automotive, Inc. to Report Q2, 2024 Results on Jul 24, 2024 Group 1 Automotive, Inc. announced that they will report Q2, 2024 results Pre-Market on Jul 24, 2024 Announcement • Jul 02
Group 1 Automotive, Inc. (NYSE:GPI) completed the acquisition of Four Mercedes-Benz Dealerships located north of London in the county of Hertfordshire from L & L Automotive Group Limited. Group 1 Automotive, Inc. (NYSE:GPI) acquired Four Mercedes-Benz Dealerships located north of London in the county of Hertfordshire from L & L Automotive Group Limited on July 1, 2024. This acquisition is expected to generate £83.08 million in annual revenues with new cars sales recorded as net revenue under the agency model.Group 1 Automotive, Inc. (NYSE:GPI) completed the acquisition of Four Mercedes-Benz Dealerships located north of London in the county of Hertfordshire from L & L Automotive Group Limited on July 1, 2024. Upcoming Dividend • May 27
Upcoming dividend of US$0.47 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 4.3% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.6%). Recent Insider Transactions • May 26
Senior VP & CFO recently sold €695k worth of stock On the 21st of May, Daniel McHenry sold around 2k shares on-market at roughly €285 per share. This transaction amounted to 9.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Daniel has been a net seller over the last 12 months, reducing personal holdings by €1.3m. Declared Dividend • May 13
First quarter dividend of US$0.47 announced Shareholders will receive a dividend of US$0.47. Ex-date: 3rd June 2024 Payment date: 17th June 2024 Dividend yield will be 0.6%, which is lower than the industry average of 2.5%. Payout Ratios Payout ratio: 3%. Cash payout ratio: 19%. Announcement • May 11
Group 1 Automotive, Inc. Declares Dividend, Payable on June 17, 2024 Group 1 Automotive, Inc. declared a $0.47 dividend per share that will be payable on June 17, 2024, to stockholders of record as of June 3, 2024. The dividend is consistent with the Company's previously announced increase of 4% in its annualized dividend rate from $1.80 per share in 2023 to $1.88 per share in 2024. Recent Insider Transactions • May 03
Senior Vice President of Aftersales recently sold €386k worth of stock On the 1st of May, Michael Jones sold around 1k shares on-market at roughly €276 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €9.3m more than they bought in the last 12 months. Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: US$11.00 (vs US$11.15 in 1Q 2023) First quarter 2024 results: EPS: US$11.00 (down from US$11.15 in 1Q 2023). Revenue: US$4.47b (up 8.2% from 1Q 2023). Net income: US$147.4m (down 4.7% from 1Q 2023). Profit margin: 3.3% (down from 3.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 13
Group 1 Automotive, Inc. to Report Q1, 2024 Results on Apr 24, 2024 Group 1 Automotive, Inc. announced that they will report Q1, 2024 results Pre-Market on Apr 24, 2024 Announcement • Apr 06
Group 1 Automotive, Inc., Annual General Meeting, May 15, 2024 Group 1 Automotive, Inc., Annual General Meeting, May 15, 2024. Agenda: To consider the election of Nine Directors; to approve Executive Compensation; to consider the ratification of Deloitte & Touche LLP as Independent Registered Public Accounting Firm; to approve the 2024 Employee Stock Purchase Plan; and to approve the 2024 Long-Term Incentive Plan. Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. CEO, President & Director Daryl Kenningham was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Feb 22
Upcoming dividend of US$0.47 per share Eligible shareholders must have bought the stock before 29 February 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 4.2% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (3.3%). Declared Dividend • Feb 15
Fourth quarter dividend of US$0.47 announced Shareholders will receive a dividend of US$0.47. Ex-date: 29th February 2024 Payment date: 15th March 2024 Dividend yield will be 0.7%, which is lower than the industry average of 2.5%. Payout Ratios Payout ratio: 4%. Cash payout ratio: 8%. Announcement • Feb 14
Group 1 Automotive, Inc. (NYSE:GPI) acquired RRR Automotive Group. Group 1 Automotive, Inc. (NYSE:GPI) acquired RRR Automotive Group on February 12, 2024. The acquisition includes Toyota, Honda, Hyundai, and Kia new vehicle dealerships; one Toyota Certified pre-owned center; and three collision centers. Brian Nolen of Nolen, PLLC acted as legal advisor to Group 1 Automotive, Inc. (NYSE:GPI). Steven H. Schram of Shapiro, Lifschitz & Schram, Pc acted as legal advisor and Kerrigan Advisors, Inc. acted to as financial advisor to RRR Automotive Group. Group 1 Automotive, Inc. (NYSE:GPI) completed the acquisition of RRR Automotive Group on February 12, 2024. Reported Earnings • Feb 01
Full year 2023 earnings released: EPS: US$43.94 (vs US$47.47 in FY 2022) Full year 2023 results: EPS: US$43.94 (down from US$47.47 in FY 2022). Revenue: US$17.9b (up 10% from FY 2022). Net income: US$602.0m (down 18% from FY 2022). Profit margin: 3.4% (down from 4.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 28% per year. Announcement • Feb 01
Group 1 Automotive, Inc. Reports Asset Impairment Charges for the Fourth Quarter Ended December 31, 2023 Group 1 Automotive, Inc. reported Asset impairment charges for the fourth quarter ended December 31, 2023. For the quarter, the company reported Asset impairments of $25.1 million against $1.3 million a year ago. Announcement • Jan 17
Group 1 Automotive, Inc. to Report Q4, 2023 Results on Jan 31, 2024 Group 1 Automotive, Inc. announced that they will report Q4, 2023 results Pre-Market on Jan 31, 2024 Announcement • Jan 12
Group 1 Automotive, Inc. Appoints Shelley Washburn as Chief Marketing Officer Group 1 Automotive, Inc. announced the appointment of Shelley Washburn as Chief Marketing Officer. Washburn brings to Group 1 more than 30 years of automotive marketing and retail experience. Most recently, she was President of Gulf States Marketing (GSM) and a strategic advisor to Force Marketing, both automotive digital marketing firms. Earlier in her career, Shelley held a diverse range of positions at Ford Motor Company, Gulf State Toyota, and MSX International and a Lincoln dealership. Shelley previously served on the board of the Texas Department of Motor Vehicles. She is involved with several philanthropic initiatives and currently sits on the board of Child Advocates. Shelley earned her undergraduate degree from the University of Texas at Austin and graduated from the NADA Dealer Candidate Academy. Upcoming Dividend • Nov 23
Upcoming dividend of US$0.45 per share at 0.6% yield Eligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 3.9% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (2.8%). Announcement • Nov 17
Group 1 Automotive, Inc. Declares Quarterly Dividend, Payable on December 15, 2023 Group 1 Automotive, Inc. announced its board of directors declared a quarterly dividend of $0.45 per share that will be payable on December 15, 2023, to stockholders of record as of December 1, 2023. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$11.69 (vs US$12.61 in 3Q 2022) Third quarter 2023 results: EPS: US$11.69 (down from US$12.61 in 3Q 2022). Revenue: US$4.71b (up 13% from 3Q 2022). Net income: US$160.1m (down 16% from 3Q 2022). Profit margin: 3.4% (down from 4.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 33% per year. Announcement • Oct 10
Group 1 Automotive, Inc. to Report Q3, 2023 Results on Oct 25, 2023 Group 1 Automotive, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 25, 2023 Recent Insider Transactions • Sep 21
Senior VP & CFO recently sold €560k worth of stock On the 18th of September, Daniel McHenry sold around 2k shares on-market at roughly €248 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.3m. This was Daniel's only on-market trade for the last 12 months. Recent Insider Transactions • Sep 01
Independent Director recently sold €520k worth of stock On the 30th of August, Carin Barth sold around 2k shares on-market at roughly €244 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.3m. Insiders have been net sellers, collectively disposing of €27m more than they bought in the last 12 months. Upcoming Dividend • Aug 24
Upcoming dividend of US$0.45 per share at 0.7% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 3.7% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (2.8%). Recent Insider Transactions • Aug 23
CEO, President & Director recently sold €2.3m worth of stock On the 18th of August, Daryl Kenningham sold around 10k shares on-market at roughly €241 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Daryl's only on-market trade for the last 12 months. Announcement • Aug 04
Tameron Gulf Coast acquired GPI AL-N, Inc. from Group 1 Automotive, Inc. (NYSE:GPI). Tameron Gulf Coast acquired GPI AL-N, Inc. from Group 1 Automotive, Inc. (NYSE:GPI) on July 31, 2023. The Presidio Group provided exclusive M&A advisory services to Group 1 Automotive through its wholly owned investment bank, Presidio Merchant Partners LLC.Tameron Gulf Coast completed the acquisition of GPI AL-N, Inc. from Group 1 Automotive, Inc. (NYSE:GPI) on July 31, 2023. Announcement • Aug 03
Group 1 Automotive, Inc. Declares Quarterly Dividend, Payable on September 15, 2023 Group 1 Automotive, Inc.'s board of directors declared a $0.45 dividend per share that will be payable on September 15, 2023, to stockholders of record as of September 1, 2023. Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: US$12.34 (vs US$12.15 in 2Q 2022) Second quarter 2023 results: EPS: US$12.34. Revenue: US$4.56b (up 10.0% from 2Q 2022). Net income: US$170.3m (down 12% from 2Q 2022). Profit margin: 3.7% (down from 4.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Announcement • Jul 12
Group 1 Automotive, Inc. to Report Q2, 2023 Results on Jul 26, 2023 Group 1 Automotive, Inc. announced that they will report Q2, 2023 results Pre-Market on Jul 26, 2023 Recent Insider Transactions • Jun 29
Insider recently sold €2.3m worth of stock On the 23rd of June, Peter DeLongchamps sold around 10k shares on-market at roughly €226 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €24m more than they bought in the last 12 months. Announcement • Jun 25
Group 1 Automotive, Inc.(NYSE:GPI) dropped from Russell 2000 Dynamic Index Group 1 Automotive, Inc.(NYSE:GPI) dropped from Russell 2000 Dynamic Index Recent Insider Transactions • Jun 11
Insider recently sold €576k worth of stock On the 7th of June, Darryl Burman sold around 3k shares on-market at roughly €231 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €21m more than they bought in the last 12 months. Announcement • Jun 08
Mills Automotive Group, LLC acquired Harvey Ford, LLC from Group 1 Automotive, Inc. (NYSE:GPI). Mills Automotive Group, LLC acquired Harvey Ford, LLC from Group 1 Automotive, Inc. (NYSE:GPI) on June 6, 2023. The dealership will remain at its current location at 3737 Lapalco Boulevard in Harvey, Louisiana and has been renamed Ford of Harvey. George C. Chaconas of Performance Brokerage Services Advises on the Sale. Mills Automotive was represented by Greg Humphries of Shutts & Bowen LLP in Orlando, Florida. Group 1 was represented by Brian Nolen of Nolen PLLC in Charlotte, North Carolina.
Mills Automotive Group, LLC completed the acquisition of Harvey Ford, LLC from Group 1 Automotive, Inc. (NYSE:GPI) on June 6, 2023. Announcement • Jun 02
Group 1 Automotive, Inc. (NYSE:GPI) acquired Beck and Masten Kia. Group 1 Automotive, Inc. (NYSE:GPI) acquired Beck and Masten Kia on June 1, 2023. Teammates joined from Beck & Masten Kia to the Group 1 family.Group 1 Automotive, Inc. (NYSE:GPI) completed the acquisition of Beck and Masten Kia on June 1, 2023. Announcement • May 09
Group 1 Automotive, Inc. (NYSE:GPI) acquired Three Beck & Masten Buick-GMC dealerships in Houston and Corpus Christi. Group 1 Automotive, Inc. (NYSE:GPI) acquired Three Beck & Masten Buick-GMC dealerships in Houston and Corpus Christi on May 8, 2023.Group 1 Automotive, Inc. (NYSE:GPI) completed the acquisition of Three Beck & Masten Buick-GMC dealerships in Houston and Corpus Christi on May 8, 2023. Reported Earnings • Apr 27
First quarter 2023 earnings released: EPS: US$11.42 (vs US$11.81 in 1Q 2022) First quarter 2023 results: EPS: US$11.42 (down from US$11.81 in 1Q 2022). Revenue: US$4.13b (up 7.4% from 1Q 2022). Net income: US$158.7m (down 19% from 1Q 2022). Profit margin: 3.8% (down from 5.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Mar 08
Insider recently sold €325k worth of stock On the 3rd of March, Michael Jones sold around 2k shares on-market at roughly €217 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €7.7m. Insiders have been net sellers, collectively disposing of €23m more than they bought in the last 12 months. Recent Insider Transactions • Feb 23
Insider recently sold €555k worth of stock On the 17th of February, Darryl Burman sold around 3k shares on-market at roughly €222 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €7.7m. Insiders have been net sellers, collectively disposing of €24m more than they bought in the last 12 months. Upcoming Dividend • Feb 21
Upcoming dividend of US$0.45 per share at 0.7% yield Eligible shareholders must have bought the stock before 28 February 2023. Payment date: 15 March 2023. Payout ratio is a comfortable 3.3% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.8%). Announcement • Feb 15
Group 1 Automotive, Inc. Declares Quarterly Dividend, Payable on March 15, 2023 Group 1 Automotive, Inc. announced its board of directors has approved an increase in the 2023 annual dividend rate to $1.80 per share. This increase represents a 20%, or $0.30, increase over 2022's annual dividend of $1.50 per share. Consistent with this increase, the board of directors declared a $0.45 dividend per share that will be payable on March 15, 2023, to stockholders of record as of March 1, 2023. Recent Insider Transactions • Jan 31
Insider recently sold €473k worth of stock On the 27th of January, Darryl Burman sold around 3k shares on-market at roughly €189 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.7m. Insiders have been net sellers, collectively disposing of €16m more than they bought in the last 12 months. Reported Earnings • Jan 26
Full year 2022 earnings released: EPS: US$48.66 (vs US$34.37 in FY 2021) Full year 2022 results: EPS: US$48.66 (up from US$34.37 in FY 2021). Revenue: US$16.2b (up 20% from FY 2021). Net income: US$754.2m (up 24% from FY 2021). Profit margin: 4.6% (up from 4.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Jan 18
Group 1 Automotive, Inc. Announces Executive Changes Group 1 Automotive, Inc. announced the appointments of Gillian Hobson as Senior Vice President, Chief Legal Officer and Corporate Secretary and Kimberly Barta as Vice President and Chief Marketing Officer. Hobson joins Group 1 from Vinson & Elkins in Houston where she has served as a member of the firm's management committee and as Group 1's primary relationship attorney. During her 22-year tenure, she was part of the mergers and acquisition/capital markets practice group and represented public and private companies in corporate transactions, including mergers and acquisitions, capital-raising transactions, securities law and corporate governance matters. Hobson received her undergraduate degree from Harvard University and her J.D. from the University of Houston Law Center. Hobson succeeds Darryl M. Burman, who is retiring as Senior Vice President and General Counsel of Group 1. Since 2006, Burman has been responsible for all domestic and international legal matters at Group 1, following a distinguished 23-year corporate and securities legal career in Houston. As the first Chief Marketing Officer at Group 1, Barta is responsible for leading the strategy, development, and execution of Group 1's marketing, communications, and advertising initiatives. She will play a vital role in developing customer research, leveraging big data and creating relevant marketing messaging. She will also lead Group 1's efforts in increasing awareness and adoption of AcceleRide®, Group 1's customer experience platform. Prior to joining Group 1, Barta served in marketing leadership roles for brands including Nike's innovation lab, SOREL, and Dr. Martens®, where she helped transform the customer experience, increase brand trust, preference and advocacy. Announcement • Jan 13
Group 1 Automotive, Inc. to Report Q4, 2022 Results on Jan 25, 2023 Group 1 Automotive, Inc. announced that they will report Q4, 2022 results Pre-Market on Jan 25, 2023 Recent Insider Transactions • Dec 08
CEO & Executive Director recently sold €2.7m worth of stock On the 6th of December, Earl Hesterberg sold around 15k shares on-market at roughly €181 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €5.2m. Earl has been a net seller over the last 12 months, reducing personal holdings by €12m. Announcement • Dec 03
Group 1 Automotive, Inc. (NYSE:GPI) acquired Mercedes-Benz Dealership in Anaheim, California. Group 1 Automotive, Inc. (NYSE:GPI) acquired Mercedes-Benz Dealership in Anaheim, California on December 1, 2022.Group 1 Automotive, Inc. (NYSE:GPI)completed the acquisition of Mercedes-Benz Dealership in Anaheim, California on December 1, 2022. Upcoming Dividend • Nov 23
Upcoming dividend of US$0.39 per share Eligible shareholders must have bought the stock before 30 November 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 3.3% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.9%). Announcement • Nov 17
Group 1 Automotive, Inc. Announces Quarterly Cash Dividend, Payable on December 15, 2022 Group 1 Automotive, Inc. declared a cash dividend of $0.39 per share for the third quarter of 2022. The dividend represents an increase of 2.6%, or $0.01 per share, from the second quarter of 2022, and will be payable on December 15, 2022, to stockholders of record as of December 1, 2022. Recent Insider Transactions • Nov 16
Senior VP & General Counsel recently sold €363k worth of stock On the 11th of November, Darryl Burman sold around 2k shares on-market at roughly €182 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €5.2m. Insiders have been net sellers, collectively disposing of €19m more than they bought in the last 12 months. Announcement • Nov 04
Group 1 Automotive, Inc. Announces Retirement of Frank Grese, Senior Vice President, Training, Operations Support & Employee Communications On October 27, 2022, Frank Grese, Senior Vice President, Training, Operations Support & Employee Communications of Group 1 Automotive, Inc. notified the Board of Directors of the Company that he will retire from all officer positions and as an employee at the Company and its subsidiaries effective December 31, 2022. Recent Insider Transactions • Nov 01
CEO & Executive Director recently sold €5.2m worth of stock On the 27th of October, Earl Hesterberg sold around 30k shares on-market at roughly €174 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Earl has been a net seller over the last 12 months, reducing personal holdings by €9.2m. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$12.96 (vs US$9.37 in 3Q 2021) Third quarter 2022 results: EPS: US$12.96 (up from US$9.37 in 3Q 2021). Revenue: US$4.16b (up 19% from 3Q 2021). Net income: US$197.0m (up 18% from 3Q 2021). Profit margin: 4.7% (in line with 3Q 2021). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Oct 11
Group 1 Automotive, Inc. to Report Q3, 2022 Results on Oct 26, 2022 Group 1 Automotive, Inc. announced that they will report Q3, 2022 results Pre-Market on Oct 26, 2022 Announcement • Sep 07
Group 1 Automotive, Inc. (NYSE:GPI) acquired Fairfield Garage (Leigh-On-Sea) Limited. Group 1 Automotive, Inc. (NYSE:GPI) acquired Fairfield Garage (Leigh-On-Sea) Limited on September 5, 2022.
Group 1 Automotive, Inc. (NYSE:GPI) completed the acquisition of Fairfield Garage (Leigh-On-Sea) Limited on September 5, 2022. Upcoming Dividend • Aug 24
Upcoming dividend of US$0.38 per share Eligible shareholders must have bought the stock before 31 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 3.4% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.1%).