Group 1 automotive announces record first quarter 2023 financial results

Record first quarter total revenues, new vehicle revenues and units sold, increased 7.4%, 12.1% and 7.9%, respectively, over the comparable prior year period all-time record quarterly parts and service revenues and gross profit, increased 16.0% and 14.4%, respectively, over the comparable prior year period current quarter diluted earnings per common share from continuing operations of $11.12 and record first quarter adjusted diluted earnings per common share from continuing operations (a non-gaap measure) of $10.93 houston , april 26, 2023 /prnewswire/ -- group 1 automotive, inc. (nyse: gpi) ("group 1" or the "company"), an international, fortune 300 automotive retailer with 203 dealerships located in the u.s. and u.k., today reported  record financial results for the first quarter of 2023 ("current quarter"), highlighted by a first quarter record adjusted diluted earnings per common share from continuing operations (a non-gaap measure) of $10.93 and all-time record quarterly parts and service revenues and gross profit. the current quarter consolidated parts and service revenues and gross profit of $548.3 million and $297.3 million, respectively, were the highest in company history.
GPI Ratings Summary
GPI Quant Ranking