Group 1 Automotive (GPI) Announces Prelim. Q2 EPS

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Group 1 Automotive Provides Second Quarter 2021 Preliminary Results and Operational Update

July 8, 2021 6:06 AM EDT

HOUSTON, July 8, 2021 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today provided preliminary estimates of its earnings and unit sales for the three months ended June 30, 2021.

Group 1 CEO Earl Hesterberg stated, "The unprecedented supply disruption to new vehicle production largely stemming from the microprocessor shortage has made it very difficult for the financial markets to grasp the impact on our business.  Therefore, we are providing some preliminary data on how we are navigating through these challenging times and... More