Dealer groups overcome storms; show strong earnings
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Wednesday, Nov. 20, 2019, 09:14 PM
Daryl Lubinsky, Correspondent
CARY, N.C. -
Adjusted third-quarter 2019 earnings results from Group 1 Automotive reflected an after-tax cost of approximately $9 million associated with Tropical Storm Imelda. Many of the company’s employees “had their lives devastated” as a result of the severe flooding, said Group 1 president and chief executive officer Earl Hesterberg during the company’s earnings call on Oct. […]