Group 1 Automotive (GPI) reported second-quarter 2024 adjusted earnings per share (EPS) of $9.80, beating the Zacks Consensus Estimate of $9.43 but falling 16.4% year over year. The automotive retailer registered net sales of $4.70 billion, missing the Zacks Consensus Estimate of $4.77 billion. However, the top line rose from the year-ago quarter’s $4.56 billion.Quarter HighlightsNew vehicle retail sales increased 5.4% from the prior-year quarter to $2.36 billion and exceeded our projection of $2.27 billion ...