India, July 30 -- Thursday, Group 1 Automotive, Inc. (GPI) announced second-quarter financial results, reporting a net income of $103.3 million, down from last year's $140.5 million.
EPS from continuing operations were $8.62 compared to $10.77 in the prior year.
On an adjusted basis, net income from continuing operations was $114.9 million, compared to $149.6 million for the prior-year quarter.
Total revenues declined 5.6 percent, to $5,385.1 million from $5,703.5 million in 2025.
Concurrently, the automotive retailer announced an agreement to acquire the dealership assets and real estate of Hennessy Automobile Companies, expanding the company's presence in the Atlanta metropolitan market.
The deal is expected to generate approximately...