Group 1 Automotive, Inc. Stock News

HOUSTON , Nov. 12, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced its board of directors approved a new share repurchase authorization of $500 million, and also declared a quarterly dividend.    Share Repurchase Authorization Increase The Company announce...

Group 1 Automotive Inc. (NYSE:GPI ) Q3 2024 Results Conference Call October 30, 2024 10:00 AM ET Company Participants Pete DeLongchamps - Senior Vice President of Manufacturer Relations and Financial Services Daryl Kenningham - President and Chief Executive Officer Daniel McHenry - Senior Vice President and Chief Financial Officer Conference Call Participants Rajat Gupta - JP Morgan John Murphy...

I prefer a concentrated portfolio with 6 to 10 holdings, accepting more company-specific risk for potentially higher returns as a young, experienced investor. Despite selling Group 1 Automotive, I maintain a 'strong buy' rating due to its low multiples and rapid expansion, expecting further upside. Group 1 Automotive's revenue continues to grow, but profits and cash flows have weakened due to v...

HOUSTON , Oct. 8, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced that it will release financial results for the third quarter ended September 30, 2024 on Wednesday, October 30, 2024, before the market opens.  Daryl Kenningham, Group 1's President and Chie...

2024 YTD Acquired Revenues total $3.9 Billion HOUSTON , Oct. 1, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a  Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced the expansion of its U.K. operations with the acquisition of Soper of Lincoln BMW/MINI located north of London in the county of Lincolnshire.  ...

HOUSTON and LONDON , Oct. 1, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., announced the appointment of Mark Raban as Chief Executive Officer ("CEO") of Group 1 Automotive U.K. Raban brings more than 20 years of executive experience in automotive retail operations and f...

HOUSTON , Aug. 8, 2024  /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today 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 f...

HOUSTON , Aug. 1, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced that the Company has closed on the acquisition of Inchcape Retail ("IR") automotive operations with 54 dealership locations across the U.K.  These dealerships are expected to generate $2.7 b...