Group 1 Automotive Q4 2019 Earnings Report
Key Takeaways
Group 1 Automotive reported a record fourth quarter revenue of $3.1 billion, a 7.0 percent increase year-over-year. Net income for the quarter was $48.1 million, with diluted earnings per share of $2.57. The company experienced double-digit gross profit growth in total used vehicles and parts & service.
Total revenue increased 7.0 percent to a fourth quarter record of $3.1 billion.
Total gross profit increased 7.5 percent to $464.6 million.
Retail used vehicle revenues increased 8.8 percent on 7.1 percent higher unit sales.
Parts and service gross profit grew 10.1 percent on revenue growth of 6.9 percent.
Group 1 Automotive
Group 1 Automotive
Group 1 Automotive Revenue by Segment
Group 1 Automotive Revenue by Geographic Location
Forward Guidance
The company's senior management will host a conference call to discuss the fourth quarter and full year 2019 financial results and the Company’s outlook and strategy.
Revenue & Expenses
Visualization of income flow from segment revenue to net income