GPI

EX-99.1

2 a2026q2exhibit991.htm

Q2 2026 EARNINGS RELEASE

Document

Exhibit 99.1

FOR IMMEDIATE RELEASE

Group 1 Automotive Reports Second Quarter 2026 Financial Results

•Current quarter diluted earnings per common share from continuing operations of $8.62 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of $9.61

•U.S. current quarter SG&A as a % of gross profit of 67.5%; U.S. current quarter adjusted SG&A as a % of gross profit (a non-GAAP measure) improved sequentially 400+ basis points to 66.4%

•Separately announces agreement to acquire 10 dealerships from Hennessy Automobile Companies and recently completed the purchase of two additional dealerships in the fast-growing Atlanta market, further strengthening our proven cluster strategy

HOUSTON, TX, July 30, 2026 — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), a Fortune 250 automotive retailer with 251 dealerships located in the U.S. and U.K., today reported financial results for the second quarter of 2026 (“current quarter”).

“While our second quarter results softened due to consumer affordability issues, we continued to execute against the strategic initiatives that will strengthen Group 1 over the long term,” said Daryl Kenningham, Group 1's President and Chief Executive Officer. “During the quarter in the U.S., we successfully completed our previously announced $50 million annualized expense reduction initiative, exceeding our targets. We also continued to invest in our future through strategic dealership acquisitions and dispositions, advanced our corporate rebranding to more than 60% completion, and expanded our virtual F&I platform to more than 40% of our stores. We remain focused on disciplined execution that will continue to drive sustainable value for our shareholders.”

“To that end, earlier today we announced our intent to acquire Hennessy Automobile Companies which, along with two additional dealership acquisitions, will boost our presence to 15 dealerships in Atlanta. The purchase of these high-volume dealerships in a tremendous growth market is the ideal execution of our cluster strategy and bolsters Group 1’s position for the long term.”

Reconciliations for financial results, non-GAAP metrics and diluted earnings per common share between continuing and discontinued operations are included in the accompanying financial tables.

Current Quarter Results Overview

•Current quarter total revenues were $5.4 billion, compared to $5.7 billion for the second quarter of 2025 (“prior-year quarter”).

•Current quarter net income from continuing operations was $103.0 million, compared to $139.8 million for the prior-year quarter.

•Current quarter adjusted net income from continuing operations (a non-GAAP measure) was $114.9 million, compared to $149.6 million for the prior-year quarter.

•Current quarter diluted earnings per common share from continuing operations was $8.62, compared to $10.77 for the prior-year quarter.

•Current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) was $9.61, compared to $11.52 for the prior-year quarter.

1

Second Quarter 2026

Key Performance Metrics

(year-over-year comparable period basis) Consolidated Same Store

(a non-GAAP measure)

Reported:

2Q26

Change

2Q26

Change

Total revenues

$5.4B

(5.6)%

$5.2B

(3.3)%

Total gross profit (“GP”)

$860.6M

(8.0)%

$835.9M

(6.1)%

NV units sold 53,335

(4.4)%

51,840

(2.8)%

NV GP per retail unit (“PRU”) $3,254

(8.5)%

$3,233

(9.0)%

Used vehicle (“UV”) retail units sold 53,469

(11.2)%

51,907

(9.8)%

UV retail GP PRU $1,532

(4.3)%

$1,534

(5.3)%

Parts & service (“P&S”) GP

$389.0M

(3.4)%

$377.2M

(0.2)%

P&S Gross Margin (“GM”) 56.2%

+0.1%

56.0%

(1.3)%

Finance and Insurance (“F&I”) revenues

$216.8M

(8.8)%

$211.7M

(7.5)%

F&I GP PRU

$2,030

(1.0)%

$2,041

(1.2)%

Selling, General and Administrative (“SG&A”) expenses as a % of GP 72.4%

+341 bps

71.0%

+310 bps

Adjusted SG&A expenses (a non-GAAP measure) as a % of GP 70.8%

+214 bps

70.1%

+253 bps

Corporate Development

Today, in a separate press release, the Company announced that it has signed a definitive agreement to acquire the 10 dealerships of the Hennessy Automobile Companies, located in the Atlanta market. The Company expects the transaction to close by year-end 2026, subject to regulatory and OEM approvals, as well as other customary closing conditions, and generate approximately $1.7 billion in annual revenues. For additional information, see the Company’s separate press release and Current Report on Form 8-K filed in connection with this transaction.

During the current quarter, the Company acquired four dealerships in the U.S., two of which were acquired as part of a back-to-back transaction with the intention of reselling them concurrently with or shortly after acquisition. These two dealerships were classified as assets held for sale as of the end o

EX-99.1

2 a2026q1exhibit991.htm

Q1 2026 EARNINGS RELEASE

Document

Exhibit 99.1

FOR IMMEDIATE RELEASE

Group 1 Automotive Reports First Quarter 2026 Financial Results

•Current quarter diluted earnings per common share from continuing operations of $10.82 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of $8.66

•Record quarterly U.K. gross profits of $230.6 million, a 6.3% increase over the comparable prior year quarter, driven by double digit same store parts and service and F&I growth.

•Repurchased approximately 1.7% of the Company’s outstanding common shares in first quarter of 2026

HOUSTON, TX, April 30, 2026 — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), a Fortune 250 automotive retailer with 253 dealerships located in the U.S. and U.K., today reported financial results for the first quarter of 2026 (“current quarter”).

“The U.K. performed well in the first quarter of 2026,” said Daryl Kenningham, Group 1’s President and Chief Executive Officer. “Our U.K. business generated record revenues across nearly all major business lines and achieved record gross profit in used vehicles and parts and service. In the U.S., we saw a key bright spot in aftersales, with parts and service gross margin reaching a new quarterly high. Parts and service continues to be a key differentiator for us and our strength during this quarter is a testament to our relentless focus on operational excellence.”

“The broader macro environment remains dynamic and challenging, with persistently high interest rates and elevated vehicle and gasoline prices weighing on affordability. To address these challenges, we have initiated several cost actions in the U.S. and U.K., including staffing reductions and discretionary expense reductions across our business.”

Reconciliations for financial results, non-GAAP metrics and diluted earnings per common share between continuing and discontinued operations are included in the accompanying financial tables.

Current Quarter Results Overview

•Current quarter total revenues were $5.4 billion, compared to $5.5 billion for the first quarter of 2025 (“prior-year quarter”).

•Current quarter net income from continuing operations was $129.9 million, an increase of $2.1 million compared to $127.7 million for the prior-year quarter.

•Current quarter adjusted net income from continuing operations (a non-GAAP measure) was $104.0 million, compared to $134.7 million for the prior-year quarter.

•Current quarter diluted earnings per common share from continuing operations was $10.82, an increase of $1.18 compared to $9.64 for the prior-year quarter.

•Current quarter diluted earnings per common share from continuing operations included a $2.87 per share benefit related to a gain on asset dispositions.

•Current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) was $8.66, compared to $10.17 for the prior-year quarter.

1

First Quarter 2026

Key Performance Metrics

(year-over-year comparable period basis) Consolidated Same Store

(a non-GAAP measure)

Reported:

1Q26

Change

1Q26

Change

Total revenues

$5.4B

(1.8)%

$5.2B

(1.2)%

Total gross profit (“GP”)

$877.9M

(1.6)%

$844.7M

(1.4)%

NV units sold 52,398

(6.6)%

50,812

(5.2)%

NV GP per retail unit (“PRU”) $3,296

(2.5)%

$3,239

(4.8)%

Used vehicle (“UV”) retail units sold 56,985

(4.4)%

55,128

(3.5)%

UV retail GP PRU $1,540

(1.9)%

$1,544

(1.7)%

Parts & service (“P&S”) GP

$400.0M

+5.0%

$384.4M

+5.9%

P&S Gross Margin (“GM”) 56.8%

+1.7%

56.8%

+0.8%

Finance and Insurance (“F&I”) revenues

$215.9M

(4.6)%

$208.7M

(4.9)%

F&I GP PRU

$1,974

+0.9%

$1,970

(0.5)%

Adjusted F&I GP PRU (a non-GAAP measure)

$2,036

+4.1%

$2,035

+2.7%

Selling, General and Administrative (“SG&A”) expenses as a % of GP 68.4%

(79) bps

72.9%

+339 bps

Adjusted SG&A expenses (a non-GAAP measure) as a % of GP 72.7%

+319 bps

72.2%

+325 bps

Corporate Development

During the current quarter, as part of Volkswagen Group’s Ideal Network Plan, Group 1 acquired one Skoda and two Volkswagen dealerships in the U.K. This acquisition is expected to generate approximately $135 million in annual revenues. The Company remains focused on efficiently and effectively integrating acquisitions into existing operations to create value for shareholders.

During the current quarter, the Company also disposed of two Mercedes-Benz dealerships in California and one Volkswagen and one Skoda dealership in the U.K. These dealerships generated approximately $570 million in annual revenues.

Subsequent to the current quarter, Group 1 executed an agreement with a Chinese automaker, Geely, to expand the U.K. network through three new locations. Additionally, we are evaluating representation with two additional Chinese OEMs.

Share Repurchases

During the current quarter, the Company repurchased 205,190 shares, at an average price per common share

gpi-202601290001031203false00010312032026-01-292026-01-29

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): January 29, 2026 Group 1 Automotive, Inc. (Exact name of Registrant as specified in its charter)

Delaware1-1346176-0506313 (State or other jurisdiction of incorporation or organization)(Commission File Number)(I.R.S. Employer Identification No.)

730 Town and Country Blvd, Suite 500 Houston, Texas 77024 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code (713) 647-5700 N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 40.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: Title of each classTicker symbol(s)Name of exchange on which registered Common stock, par value $0.01 per shareGPINew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if that registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02     Results of Operations and Financial Condition. On January 29, 2026, Group 1 Automotive, Inc., a Delaware corporation, issued a press release announcing its financial results for the three months and year ended December 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. As provided in General Instruction B.2. of Form 8-K, the information in this Item 2.02 (including the press release attached as Exhibit 99.1 and incorporated by reference in this Item 2.02) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01    Financial Statements and Exhibits. (d) Exhibits.

Exhibit No.Description 99.1 Press release of Group 1 Automotive, Inc., dated as of January 29, 2026.

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Group 1 Automotive, Inc.

Date:January 29, 2026By: /s/ Daniel J. McHenry Daniel J. McHenry Senior Vice President and Chief Financial Officer