Group 1 Automotive, Inc. (GPI) Earnings
Group 1 Automotive, Inc. is expected to report next earnings on July 23, 2026 (in NaN days), with a consensus EPS estimate of $11.13. GPI has beaten EPS estimates in 8 of its last 12 reported quarters (average surprise -0.3% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $8.82 | $8.66 | -1.8% | $5.4B | -0.3% |
| Jan 29, 2026 | $9.36 | $8.49 | -9.3% | $5.6B | -1.8% |
| Oct 28, 2025 | $10.64 | $10.45 | -1.8% | $5.8B | -4.4% |
| Jul 24, 2025 | $10.31 | $11.52 | +11.7% | $5.7B | +0.6% |
| Apr 24, 2025 | $9.72 | $10.17 | +4.6% | $5.5B | +1.3% |
| Jan 29, 2025 | $8.77 | $10.02 | +14.3% | $5.5B | +6.3% |
| Jul 24, 2024 | $9.36 | $9.80 | +4.7% | $4.7B | -0.3% |
| Jan 31, 2024 | $10.44 | $9.50 | -9.0% | $4.5B | +1.5% |
| Oct 25, 2023 | $11.48 | $12.07 | +5.1% | $4.7B | +4.4% |
| Jul 26, 2023 | $11.08 | $11.73 | +5.9% | $4.6B | +4.5% |
| Jan 25, 2023 | $10.66 | $10.86 | +1.9% | $4.1B | +3.9% |
| Oct 26, 2022 | $11.30 | $12.00 | +6.2% | $4.2B | +3.2% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Focus on core competencies as a pure play retailer, navigated past challenges. - Q1 2026 weather impacted gross profit by ~$7M in after sales. - U.S. new vehicle margins robust, virtual F&I in one-third of U.S. stores doing 20% of deals. - U.S. after sales growth driven by AI marketing, customer data management, etc. - Completed half of U.S. store rebranding, anticipate full by end of year. - UK new vehicle margins steady, same-store volumes up, after-sales parts and service accelerating. - U.S. implemented cost reduction measures, cut headcount by ~700 and reduced SG&A costs by ~$14M. - Leveraging technology including AI across business areas.
Guidance
- Anticipate continued growth in virtual F&I through remainder of 2026 and into 2027. - Expect cost reduction efforts in U.S. to remove $50M of annual costs and return SG&A leverage to acceptable level. - Aim to get SG&A as a percent of gross as close to 80% as possible in UK. - Look forward to sharing more details on technology leverage efforts in future.
Segment performance
In the U.S., Q1 2026 revenues were $5.4 billion, gross profit $878 million. New vehicle margins were robust at over $3,300 per car, with sequential improvement in used vehicle PRUs and a $95 same-store year-over-year increase in adjusted F&I PRU. After sales saw same-store customer pay gross profits increase nearly 6%, customer pay repair order count rose 2.5%. UK had revenues where new vehicle margins were steady, same-store used vehicle revenues up over 6% on local currency basis, same-store GPUs declined 2% on local currency basis. AfterShield and F&I delivered year-over-year growth, after-sales business was a stabilizer.
Risks & headwinds
- Risks associated with pricing, volume, inventory supply, market conditions, successful integration of acquisitions, adverse global economy impacts on vehicle demand and related services. - UK incurred $3M incremental costs due to government-mandated national insurance and minimum wage increases.
Analyst Q&A
Q: Walk through cost savings plan in more detail.
A: Cost cutting program included 700 headcount reduction (~$35M annual cost effective), ~$15M from contract cutting, expected ~$12.5M quarterly benefit.
Q: Path to get used profitability back up.
A: Sourcing challenge, need to improve organic sourcing, better inventory acquisition and aging management.
Q: Impact of rising negative equity values on customers.
A: Negative equity is high, but affordability has some positives.
Q: UK consumer impact from energy spikes.
A: Q1 order take rate high, used car inventory health better than last year.
Q: Plan to exit JLR brand.
A: In active negotiations, closed one of nine, close to finalizing contracts.
Q: Split of 700 headcount reduction.
A: Across board, in stores, corporate level, all U.S.
Q: Proceeds and EBITDA impact of divested California stores.
A: Multiple from stores higher than company trades at, pleased with outcome.
Q: Thoughts on consumer across different segments.
A: Consumers have distractions, still spending but confidence is a headwind.
Q: Worries about cutting 700 headcount.
A: Didn't cut muscle, used technology overlay to compensate, didn't touch long-term growth initiatives.
Q: Galey UK locations.
A: In existing Group 1 footprint, in owned buildings.
Q: Virtual F&I impact on F&I managers.
A: F&I managers more efficient, doing more deals, attracting different type of employees.
Q: SG&A cost savings focus in UK and U.S.
A: UK has less automation, focus on containing costs as growth, U.S. focus on people productivity.
Q: SG&A percentage in UK and U.S.
A: Aim to get UK SG&A as percent of gross close to 80%, U.S. saw improvement after cost measures.
Q: Weather impact on U.S. parts and service.
A: $7M impact, all on parts and service, inflated SG&A percentage.
Q: China brands position.
A: Three Geely stores to open in Q2, framework agreement with Geely, talking to other Chinese OEMs