Group 1 Automotive (GPI) Tops Q1 EPS by 8c

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Group 1 Automotive Reports Record 2015 First Quarter Earnings

April 28, 2015 7:07 AM EDT

HOUSTON, April 28, 2015 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), an international, Fortune 500 automotive retailer, today reported first quarter 2015 net income of $35.8 million, a 14.4 percent increase, and record first quarter diluted earnings per common share of $1.47, a 23.5 percent increase, on a year-over-year comparable basis for the period ended March 31, 2015. There were no non-GAAP adjustments for either first quarter 2015 or 2014.

"We are pleased with our first quarter record earnings driven by strong top-line growth in the... More