Group 1 Automotive Announces Fourth Quarter and Full Year 2020 Financial Results
Cost Control Discipline & Gross Profit Growth in New & Used Vehicles Deliver Strong Profits
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HOUSTON, Feb. 4, 2021 /PRNewswire/
Group 1 Automotive, Inc. (NYSE: GPI), ( Group 1 or the Company ), an international, Fortune 500 automotive retailer, today reported fourth quarter and full year 2020 financial results. Fourth quarter 2020 net income per diluted share was $5.43, a 111.2 percent increase from $2.57 per diluted share as reported for fourth quarter 2019. Fourth quarter 2020 adjusted net income per diluted share (a non-GAAP measure) was $5.66, an 88.0 percent increase from $3.01 per diluted share as reported for fourth quarter 2019.
Group 1 Automotive Schedules 2020 Fourth Quarter & Full Year Earnings Release, Conference Call and Webcast
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(NYSE: GPI), an international, Fortune 500 automotive retailer, today announced that it will release financial results for the fourth quarter and full year ended December 31, 2020, on Thursday, February 4, 2021, before market open. Earl J. Hesterberg, Group 1 s president and chief executive officer, and the company s senior management team will host a conference call to discuss the results later that morning at 10 a.m. ET.
The conference call will be simulcast live on the Internet at www.group1auto.com. Click on Investor Relations and then Events or through this link: http://www.group1corp.com/events. A webcast replay will be available for 30 days.