Reports Q4 revenue $5.55B, consensus $5.27B. “Our U.S. team continues to execute at a high level. Our parts and service revenue growth of 12.2% was the best quarter in the last four quarters. SG&A leverage was outstanding, and our new vehicle PRUs were up sequentially on a U.S. as reported basis. Also, we are realizing the benefits of some exceptional acquisitions and prudent divestitures. Over the last year, because of our excellent relationships with our OEM partners, we’ve added great brands like Lexus, Honda, Mercedes-Benz, and Toyota in some great U.S. markets,” said Daryl Kenningham, Group 1’s president and CEO.
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