Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today announced that it has completed a $500 million upsize in its revolving syndicated credit facility to $2.5 billion with 20 financial institutions, which will expire in March 2027 and can be expanded to $3.0 billion total availability.
Group 1's (GPI) first-quarter earnings miss the Zacks Consensus Estimate and decline 13.2% year over year.
It's been a pretty great week for Group 1 Automotive, Inc. ( NYSE:GPI ) shareholders, with its shares surging 14% to...