Despite a slight beat on revenue, the company fell short of ...

Despite a slight beat on revenue, the company fell short of profit estimates due to rising costs. The company's decision to cut jobs reflects the challenges it faces in the uncertain economy.

Group 1 Automotive Cutting 10% of U.K. Jobs on Losses in Its Used-car Sales

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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