Group 1 Automotive FY26 Q2 diluted EPS falls 19.96% to $8.62; revenue drops 5.6% to $5.4 billion
Reuters2026/07/30 10:28Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Group 1 Automotive posted Q2 2026 GAAP diluted EPS from continuing operations of $8.62, down from $10.77 a year earlier.
- GAAP net income from continuing operations fell to $103 million from $139.8 million; revenue dropped 5.6% to $5.4 billion.
- Gross profit slid 8% to $860.6 million; SG&A as a percentage of gross profit widened 341 basis points to 72.4%.
- Adjusted diluted EPS from continuing operations (non-GAAP) declined to $9.61 from $11.52; adjusted net income from continuing operations fell to $114.9 million from $149.6 million.
- Signed a deal to buy 10 Hennessy Automobile Companies dealerships in Atlanta, expected to add about $1.7 billion in annual revenue; CEO cited consumer affordability pressures.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Group 1 Automotive Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001031203-26-000121), on July 30, 2026, and is solely responsible for the information contained therein.
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