Group 1 swings to black in Q4Thu, 02, Feb 2017
Group 1 Automotive swung to a net profit of $30.8 million in the fourth quarter from a year-earlier loss, as new vehicle sales decreased but gross profit per unit grew, the Houston auto retailer said today.
Group 1's Q3 net falls 22% on soft energy, UK marketsThu, 20, Oct 2016
Group 1 Automotive's net income fell 22 percent in the third quarter to $35.4 million, hurt by sales weakness in energy-dependent markets and soft sales in the U.K. following the Brexit vote to leave the European Union.
Group 1's Q2 profits flat, hit by storm expensesThu, 28, Jul 2016
Group 1 Automotive's net income rose 0.6 percent in the second quarter to $46.6 million, largely buoyed by its parts and service and finance and insurance operations. Its new-vehicle retail sales in the U.S. declined, but profits per unit retailed rose.
Group 1 CEO says automakers need to cut productionWed, 27, Apr 2016
Group 1 adjusted earnings fall in Q4; Brazil hurts bottom lineThu, 11, Feb 2016
Group 1's revenue increased in the fourth quarter, thanks to higher sales volumes in the U.S. and the United Kingdom, but its profit in the final three months of the year declined because of tighter margins on new cars, especially luxury vehicles.
Group 1 buys U.K. dealership group, sells 3 U.S. storesFri, 05, Feb 2016
Group 1 says Q3 adjusted income rises 16% to $46 millionTue, 27, Oct 2015
Group 1's net income rises 14% in Q1Tue, 28, Apr 2015
Group 1 Automotive reported net income rose 14 percent to $36 million in the first quarter, driven by solid gains in sales of both new and used vehicles in its core operations in the robust US market.