On Oct. 31, Group 1 Automotive
- New vehicle sales grew 3.3% and used vehicle sales rose 4.8%. In addition, used vehicle gross margins increased along the way.
- Same-store sales were flat because a weak showing by domestic car producers offset strong sales from Toyota
(NYSE:TM) products. - EPS climbed 25% due to the absence of an asset impairment charge of $5 million this quarter compared to last year's quarter.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$1,634 |
$1,602 |
$1,570 |
2% |
|
Net Profit |
-- |
$26 |
$22 |
22.2% |
|
EPS |
$1.02 |
$1.10 |
$0.88 |
25% |
|
Diluted Shares |
-- |
24 |
25 |
(2.3%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
15.60% |
15.48% |
0.12 |
|
Operating Margin |
3.58% |
3.01% |
0.57 |
|
Net Margin |
1.65% |
1.38% |
0.27 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$35 |
$34 |
4% |
|
Accounts Rec. |
$71 |
$89 |
(20.1%) |
|
Inventory |
$770 |
$687 |
12.1% |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$103 |
$100 |
3.4% |
|
Long-Term Debt |
$429 |
$158 |
171% |
Learn the ways of the balance sheet.
Cash Flow Highlights
Has anyone seen the cash flow statement? Unfortunately, not in this release.
Find out why Fools always follow the money.
Related companies:
-
CarMax
(NYSE:KMX) -
AutoNation
(NYSE:AN) -
United Auto Group
(NYSE:UAG)
Related Foolishness:
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