Group 1 Automotive Inc
GPI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|#q | LOCK|pR%^ | LOCK|M^<DGYs |
Group 1 Earnings: Used Vehicle Headwinds Hurt Results; Hennessy Acquisition a Big One
Group 1's stock fell over 16% in intraday July 30 trading after reporting second-quarter adjusted diluted EPS of $9.61 that missed the $10.81 LSEG consensus. The company also announced that by year-end it is closing on the acquisition of 10-store Hennessy Automotive in Atlanta for $1.3 billion.
