Group 1 Automotive, Inc. (NYSE:GPI) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition.
On October26, 2017, Group 1 Automotive, Inc., a Delaware corporation, issued a press release announcing its financial results for the three and nine months ended September 30, 2017. A copy of the press release is attached hereto as Exhibit99.1 and incorporated by reference herein.
As provided in General Instruction B.2. of Form 8-K, the information in this Item 2.02 (including the press release attached as Exhibit99.1 and incorporated by reference in this Item 2.02) shall not be deemed to be “filed” for purposes of Section18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 2.02Financial Statements and Exhibits.
99.1Press release of Group 1 Automotive, Inc., dated as of October26, 2017.
GROUP 1 AUTOMOTIVE INC ExhibitEX-99.1 2 exhibit991-3rdqtr2017.htm 2017 3RD QUARTER EXHIBIT 99.1 Exhibit FOR IMMEDIATE RELEASEGroup 1 Automotive Reports Third Quarter 2017 Financial Results Strong Replacement Demand in Texas & Improved Profitability in the U.K. and Brazil Delivers Record Operating ResultsHOUSTON,…To view the full exhibit click here
About Group 1 Automotive, Inc. (NYSE:GPI)
Group 1 Automotive, Inc. is an operator in the automotive retail industry. The Company, through its dealerships, sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services, and sells vehicle parts. It operates through three segments: the U.S., which includes the activities of its corporate office, the U.K. and Brazil. The Company owns and operates approximately 200 franchises, representing over 32 brands of automobiles, at over 152 dealership locations and over 35 collision centers around the world. It sells replacement parts, and provides maintenance and repair services at each of its franchised dealerships and provides collision restoration services. The Company performs both warranty and non-warranty service works at its dealerships, for the vehicle brand(s) sold at a particular location. It offers a range of third-party finance, vehicle service and insurance products.
