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  • Oct 30, 2024

      Show headlines and story abstract
    • 5:20AM ET on Wednesday Oct 30, 2024 by MT Newswires
      Companies Mentioned: GPI
      05:20 AM EDT, 10/30/2024 (MT Newswires) -- Group 1 Automotive (GPI) reported Q3 adjusted earnings from continuing operations Wednesday of $9.90 per diluted share, down from $12.07 a year earlier. Analysts polled by Capital IQ expected $9.87. Revenue...
    • 5:02AM ET on Wednesday Oct 30, 2024 by MT Newswires
      Companies Mentioned: GPI
      05:02 AM EDT, 10/30/2024 (MT Newswires) -- ...
    • 5:01AM ET on Wednesday Oct 30, 2024 by PR Newswire
      Companies Mentioned: GPI

      -- Current quarter diluted earnings per common share from continuing operations of $8.68 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of $9.90

    • 5:01AM ET on Wednesday Oct 30, 2024 by Dow Jones
      Companies Mentioned: GPI
      Legal items Dealership and other Catastrophic and real estate Acquisition professional Non-GAAP U.S. GAAP events transactions costs fees adjusted SG&A expenses $ 1,209.8 $ (1.5) $ 18.4 $ (0.3) $ (4.4) $ 1,222.1 SG&A as % gross profit (1) 61.4 % 62.0 % Same Store SG&A expenses $ 1,171.9 $ (1.5) $ -- $ (0.3) $ (4.4) $ 1,165.7 Same Store SG&A as % gross profit (1) 61.9 % 61.6 % (1) Adjusted SG&A as % of gross profit excludes the impact of SG&A reconciling items above. Group 1 Automotive, Inc. Reconciliation of Certain Non-GAAP Financial Measures -- U.K. (Unaudited) (In millions) Three Months Ended September 30, 2024 ------------------------------------------------------------------------------------------------ Non-GAAP U.S. GAAP Severance costs Acquisition costs Adjusted SG&A expenses $ 146.1 $ (0.4) $ (6.1) $ 139.6 SG&A as % gross profit (1) 83.7 % 80.0 % Same Store SG&A expenses $ 86.4 $ (0.4) $ (6.1) $ 79.9 Same Store SG&A as % gross profit (1) 84.7 % 78.3 % Nine Months Ended September 30, 2024 ------------------------------------------------------------------------------------------------ Non-GAAP U.S. GAAP Severance costs Acquisition costs Adjusted SG&A expenses $ 307.0 $ (1.0) $ (8.0) $ 298.0 SG&A as % gross profit (1) 81.5 % 79.1 % Same Store SG&A expenses $ 244.4 $ (1.0) $ (8.0) $ 235.4 Same Store SG&A as % gross profit (1) 81.0 % 78.0 % Nine Months Ended September 30, 2023 ----------------------------------------------------------------------- Dealership and real estate Non-GAAP U.S. GAAP transactions Adjusted --------------------- ------------------------- --------------------- SG&A expenses $ 229.6 $ 0.9 $ 230.5 SG&A as % gross profit (1) 71.8 % 72.1 % (1) Adjusted SG&A as % of gross profit excludes the impact of SG&A reconciling items above.
    • 5:01AM ET on Wednesday Oct 30, 2024 by Dow Jones
      Companies Mentioned: GPI

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