Group 1 automotive achieves record quarterly total revenues and gross profit

Current quarter diluted earnings per common share from continuing operations of $12.02 and current quarter adjusted diluted earnings per common share from continuing operations (a non-gaap measure) of $11.73 all-time quarterly record new vehicle revenues, a 21.2% increase over the comparable prior year period parts and service revenues set record for 9th consecutive quarter, an 11.8% increase over the comparable prior year period houston , july 26, 2023 /prnewswire/ -- group 1 automotive, inc. (nyse: gpi) ("group 1" or the "company"), an international, fortune 300 automotive retailer with 205 dealerships located in the u.s. and u.k., today reported  record financial results for the second quarter of 2023 ("current quarter"), highlighted by all-time record quarterly total revenues of $4.6 billion and total gross profit of $775.5 million. current quarter total revenues were the highest in company history, driven by all-time record new vehicle revenues and parts and service revenues of $2.2 billion and $562.0 million, respectively.
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