Depends on the overall volume. The benefits of hitting a group multiple times per week is you can keep the intensity higher and you allow for better motor patterns, but the overall volume typically can't increase without another factor allowing for that. So if you're moving 40,000 pounds on your chest day, and you do that twice a week instead of moving 20,000 and 20,000, you'll never recover.
For instance, my "leg" day used to be multiple sets of triples in the 90% 1RM range. Now, because I'm back to squatting every day, I work up to a heavy single and call it a day.