Group 1 Automotive Reports Aftermath Of Tropical Storm Imelda
Group 1 Automotive, Inc. (GPI)
Last group 1 automotive, inc. earnings: 2/5 07:07 am
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group1corp.com
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Source: PR Newswire
HOUSTON, Sept. 23, 2019 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today announced it has completed a preliminary assessment of damages across its Southeast Texas dealerships in the aftermath of Tropical Storm Imelda. Despite significant damage to inventory and some facilities due to extensive flooding in the region, preliminary assessments indicate all facilities are intact and operations are open, though some with limited services. Group 1's Houston stores reopened on Friday, September 20, 2019. Operations in Beaumont are open on a more limited basis, as that area was significantly impacted by the flooding. Total financial damages associated with the storm are estimated at approximately $12.5-15.0 million. This amount includes insurance deductibles for damaged inventory and facilities, and disaster pay for employees. "Our top priority is supporting our employees in the areas affected by Tropi
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GPI
Earnings
- 1/31/24 - Miss
GPI
Sec Filings
- 4/18/24 - Form DEFA14A
- 4/15/24 - Form 8-K
- 4/12/24 - Form 8-K
- GPI's page on the SEC website