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PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS
Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced quarterly results for the third quarter of 2025. For the quarter, revenue increased 1.4% to $7.7 billion compared to $7.6 billion for the same period in 2024. Net income attributable to common stockholders decreased 6% to $213.0 million compared to $226.1 million in the prior year period, and related earni
About this update from Penske Automotive Group, Inc.
[{"type":"text","content":"Retail Automotive Same-Store Revenue Increases 5%","length":49,"tagName":"p","attribs":{}},{"type":"text","content":"Record Retail Automotive Service and Parts Revenue up 5% and Record Related Gross Profit up 7%","length":99,"tagName":"p","attribs":{}},{"type":"text","content":"Earnings Before Taxes of $292 Million; Earnings Per Share of $3.23","length":66,"tagName":"p","attribs":{}},{"type":"text","content":"1,086,560 Shares Repurchased Through October 24, 2025, or 1.6% of Outstanding Shares","length":84,"tagName":"p","attribs":{}},{"type":"text","content":"Repaid $550 Million Senior Subordinated Notes at Scheduled Maturity; Leverage at 1.0x","length":85,"tagName":"p","attribs":{}},{"type":"text","content":"BLOOMFIELD HILLS, Mich., Oct. 29, 2025 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced quarterly results for the third quarter of 2025. For the quarter, revenue increased 1.4% to $7.7 billion compared to $7.6 billion for the same period in 2024. Net income attributable to common stockholders decreased 6% to $213.0 million compared to $226.1 million in the prior year period, and related earnings per share decreased 5% to $3.23 compared to $3.39 for the same period in 2024. Foreign currency exchange positively impacted revenue by $92.8 million, net income attributable to common stockholders by $0.7 million, and earnings per share by $0.02.","length":830,"tagName":"p"},{"type":"text","content":"Commenting on the Company's third quarter results, Chair Roger Penske said, "Overall, I am pleased with our performance during the third quarter. We grew same-store retail automotive new units delivered by 4%, reduced new vehicle inventory days supply by 6 days from the end of June and increased retail automotive service and parts revenue to a quarterly record of $818.3 million, including same-store service and parts revenue growth of 5%. In addition to the growth in service and parts revenue, we increased service and parts gross margin by 110 basis points and improved fixed cost absorption by 380 basis points in our U.S. retail automotive operations. However, overall profitability in the quarter was impacted by continued weakness in the...