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Group 1 Automotive(GPI) - 2024 Q1 - Quarterly Results
GPIGroup 1 Automotive(GPI)2024-04-24 11:31

Exhibit 99.1 FOR IMMEDIATE RELEASE Group 1 Automotive Reports First Quarter 2024 Financial Results Current quarter net income from continuing operations was 147.4million.Currentquarteradjustednetincomefromcontinuingoperations(anon−GAAPmeasure)was147.4 million. Current quarter adjusted net income from continuing operations (a non-GAAP measure) was 130.0 million. Current quarter diluted earnings per common share from continuing operations was 10.76.Currentquarteradjusteddilutedearningspercommonsharefromcontinuingoperations(anon−GAAPmeasure)was10.76. Current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) was 9.49. "We continue to execute well ...