Group 1 Automotive, Inc. GPI

Shares of CarMax rose Tuesday after the used-car retailer posted better-than-expected fiscal second-quarter earnings and said it plans to resume repurchasing shares. CarMax stock advanced 3.5% to $58.58 on Tuesday after ending Monday down 1.2%. CarMax posted adjusted earnings of $1.16 a share in the quarter ended Aug. 31, up from 64 cents a share a year ago and above Wall Street’s expectation of 73 cents.

Rivian Automotive (RIVN) shares trade at 3.5 times the company's revenue, above the S&P 500's 3.1. Investors pay that premium for a carmaker that lost $3.2 billion over the past twelve months. The price appears to assume the new R2 SUV ramps up on time and lets Rivian sell cars above their cost. If the R2 stalls, that valuation is what you have at risk. So what could stall the R2.

Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 249 dealerships located in the U.S. and U.K., today announced the closing of its previously announced private placement of $625.0 million in aggregate principal amount of its 6.250% senior unsecured notes due 2032 (the "2032 Notes") and $625.0 million in aggregate principal amount of its 6.625% senior unsecured notes due 2035 (the "2035 Notes" and, together with the 2032 Notes, the "Notes").

Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company") today announced the appointment of Benjamin Hart to its Board of Directors (the "Board"), effective November 1, 2026. In connection with Mr. Hart's appointment, the Board will expand from ten to eleven directors. Mr. Hart is a member of the investment team for the Acacia funds, the investment funds managed by Conifer Management L.L.C. ("Conifer"), one of Group 1's largest shareholders.

Group 1 Automotive has seen its share price fall sharply over the past year, which puts fresh focus on whether the current market value lines up with the earnings investors are paying for. With new financing in place to back a large dealership acquisition, the question is how today’s earnings picture compares with the stock’s recent slide. The share price is down 45.6% over the past year, which puts real pressure on the case that the existing earnings base can still support the...

Group 1 Automotive (GPI) has just closed twin fixed income offerings, issuing a combined $1.25b of senior unsecured notes maturing in 2032 and 2035. This funding move puts its capital structure in focus. Recent trading tells a different story to Group 1 Automotive’s funding ambitions, with the share price down 11.45% over the past week and 21.83% over 90 days, while the 1 year total shareholder return has fallen 45.63%. This points to fading momentum despite the new bond issues and...

Group 1 Automotive (NYSE:GPI) completed US$1.25b in senior unsecured notes offerings to support a large acquisition funding plan. The fresh financing is earmarked for acquiring dealership assets and related real estate from Hennessy Automobile Companies. Management has outlined contingency uses for any remaining note proceeds if acquisition funding needs differ from current assumptions. The US$1.25b senior notes raise for the Hennessy acquisition is only one piece of what matters for Group 1...

Activists report to the SEC on Privia Health Group, Group 1 Automotive, MarineMax, OrthoPediatrics, and Dell Technologies.

AN's warning sank dealer stocks yesterday. Weak service revenues, muted new-vehicle margins, soft EV demand and Fed hikes point to a tougher Q3.

Alluvium Asset Management, an asset management company, released its “Conventum – Alluvium Global Fund” second-quarter 2026 investor letter. The letter can be downloaded here. The second quarter reflected a sharp shift from geopolitical uncertainty and oil market volatility to a powerful equity rally led by semiconductor companies. Despite the broader market strength, the Fund declined […]

Rivian Automotive (RIVN) began delivering its mass-market R2 to outside customers in June, and the harder part now is building enough of them. Management still expects the car business to exit 2026 with a positive gross profit, which depends on how fast its plant in Normal, Illinois, ramps.

Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 249 dealerships located in the U.S. and U.K, today announced the pricing of its private placement of $625.0 million in aggregate principal amount of its 6.250% senior unsecured notes due 2032 (the "2032 Notes") and $625.0 million in aggregate principal amount of its 6.625% senior unsecured notes due 2035 (the "2035 Notes" and, together with the 2032 Notes, the "Notes"). The offering is expec

Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 249 dealerships located in the U.S. and U.K, today announced that, subject to market conditions, it intends to offer for sale $625.0 million in aggregate principal amount of senior unsecured notes due 2032 (the "2032 Notes") and $625.0 million in aggregate principal amount of senior unsecured notes due 2035 (the "2035 Notes" and, together with the 2032 Notes, the "Notes").

Its profit outlook came down and its cash outlook went up, and only one of those funds the shrinking share count.

Major US franchise auto dealers could face earnings pressure next year if a downside scenario plays

Most of the promised deliveries land in the back half of the year, on a plant that is only expected to reach two shifts as the third quarter ends.

The upside case rests less on order counts than on what a mass-market ramp does to the cost of every vehicle leaving its Illinois plant.

Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 249 dealerships located in the U.S. and U.K., today announced its board of directors declared a quarterly dividend of $0.55 per share. The dividend is consistent with the Company's previously announced increase of 10% in its annualized dividend rate from $2.00 per share in 2025 to $2.20 per share in 2026.