Category: Markets
Published: 2026-08-17T15:37:32.000Z
Group 1 Automotive (GPI) stock has fallen to a new 52-week low of $259.19, reflecting a 41.62% decline over the past year due to market challenges. The company recently missed Q2 2026 earnings and revenue expectations, reporting $9.61 EPS against an anticipated $11.01 and $5.4 billion revenue against a $5.68 billion forecast. Despite a cost-cutting plan, the automotive retailer faced weaker sales and declining U.S. new and used vehicle volumes, though customer pay service revenue increased.
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