Group 1 Automotive, Inc. (GPI) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.818 Good morning, ladies and gentlemen. Welcome to Group 1 Automotive's first quarter 2026 00:00:04.818 -- 00:00:08.243 financial results conference call. 00:00:08.243 -- 00:00:12.109 Please be advised that this call is being recorded. 00:00:12.109 -- 00:00:14.152 I would now like to turn the floor over to Mr. 00:00:14.152 -- 00:00:19.119 Pete DeLongshaw, Group 1's Senior Vice President, Manufacturer Relations and Financial 00:00:19.119 -- 00:00:23.122 Services. Please go ahead, Mr. DeLongshaw. 00:00:23.225 -- 00:00:28.212 Thank you, Jamie. And good morning, everyone, and welcome to today's call. 00:00:28.212 -- 00:00:32.439 The earnings release we issued this morning and a related slide presentation that include 00:00:32.439 -- 00:00:37.528 reconciliations related to the adjusted results that we will refer to on this call for 00:00:37.528 -- 00:00:41.314 comparison purposes have been posted to Group 1's website. 00:00:41.314 -- 00:00:44.399 Before we begin, I'd like to make some brief remarks about forward-looking statements 00:00:44.399 -- 00:00:46.763 and the use of non-GAAP financial measures. 00:00:46.763 -- 00:00:50.349 Except for historical information mentioned during the conference call, statements made 00:00:50.349 -- 00:00:53.775 by management of Group 1 Automotive are forward-looking statements that are made pursuant 00:00:53.775 -- 00:00:59.753 to the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. 00:00:59.753 -- 00:01:04.458 Four statements involve both known and unknown risks and uncertainties, which may cause 00:01:04.458 -- 00:01:09.924 the company's actual results in future periods to differ materially from forecasted results. 00:01:09.924 -- 00:01:15.890 Those risks include, but are no...