Group 1 Automotive, Inc. (NYSE:GPI), a Fortune 500 automotive
retailer, today announced that executive management will present at the
Stephens Inc. Fall Investment Conference. The presentation will provide
an overview of Group 1’s third-quarter
financial results, outlook and strategy.
Group 1 is scheduled to present at the New York Palace Hotel in New
York, N.Y., on Nov. 15, at 11:10 a.m. EST. A slide presentation and live
audio webcast, with a replay available for 30 days, will be accessible
through the Investor Relations section of Group 1’s
website at www.group1auto.com.
Anniversary Celebration at NYSE
The company also announced that in celebration of its 10-year
anniversary since going public in 1997, senior management will ring The
Closing Bell® at the New York Stock Exchange
on Nov. 16.
"Ringing the closing bell at the New York
Stock Exchange is great way for our company to celebrate its 10 years of
existence,” said Earl J. Hesterberg, Group 1’s
president and chief executive officer. "We
appreciate all the efforts from our employees and other key stakeholders
in making our first 10 years so successful. We look forward to many
additional years of success as we continue to grow and improve our
business.” About Group 1 Automotive, Inc.
Group 1 owns and operates 96 automotive dealerships, 131 franchises, and
24 collision service centers in the United States and three dealerships,
six franchises and two collision centers in the United Kingdom that
offer 31 brands of automobiles. Through its dealerships, the company
sells new and used cars and light trucks; arranges related financing,
vehicle service and insurance contracts; provides maintenance and repair
services; and sells replacement parts.
Group 1 Automotive can be reached on the Internet at www.group1auto.com. This press release contains "forward-looking statements," which are
statements related to future, not past, events. In this context, the
forward-looking statements often include statements regarding our goals,
plans, projections and guidance regarding our financial position,
results of operations, market position, pending and potential future
acquisitions and business strategy, and often contain words such as "expects,” "anticipates,” "intends,” "plans,” "believes,” "seeks” or "will.”
Any such forward-looking statements are not assurances of future
performance and involve risks and uncertainties that may cause results
to differ materially from those set forth in the statements. These risks
and uncertainties include, among other things, (a) general economic and
business conditions, (b) the level of manufacturer incentives, (c) the
future regulatory environment, (d) our ability to obtain an inventory of
desirable new and used vehicles, (e) our relationship with our
automobile manufacturers and the willingness of manufacturers to approve
future acquisitions, (f) our cost of financing and the availability of
credit for consumers, (g) our ability to complete acquisitions and
dispositions and the risks associated therewith, (h) foreign exchange
controls and currency fluctuations, and (i) our ability to retain key
personnel. These factors, as well as additional factors that could
affect our forward-looking statements, are described in our Form 10-K
under the headings "Business—Risk
Factors” and "Management’s
Discussion and Analysis of Financial Condition and Results of Operations.”
We urge you to carefully consider this information. We undertake no duty
to update our forward-looking statements, including our earnings outlook.
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