Sonic Automotive

Sonic Automotive, Inc. operates as a automotive retailer. Its services include sales of both new and used cars and light trucks, sales of replacement parts and performance of vehicle maintenance, warranty, paint and repair services and arrangement of extended service contracts, financing, insurance, vehicle protection products and other aftermarket products for automotive customers. The firm operates through the following segments: Franchised Dealerships and EchoPark. The Franchised Dealerships segment provides comprehensive services, which include sales of both new and used cars and light trucks, sales of replacement parts and performance of vehicle maintenance, manufacturer warranty repairs, and paint and collision repair services. The EchoPark segment sales used cars and light trucks. The company was founded by Ollen Bruton Smith and Bryan Scott Smith in January 1997 and is headquartered in Charlotte, NC.

Earnings data Q1 2021

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Sonic Automotive reports record Q4 earnings, eyes EchoPark expansion

Sonic Automotive delivered strong financial performance in Q4 2022, with record revenues and gross profit. While challenges like potential volatility in consumer demand exist, the company is well-positioned to navigate market changes. Opportunities lie in the expansion of EchoPark and the addition of the Powersports segment.

Sonic Automotive posts record Q1 revenues, addresses profitability challenges

Sonic Automotive delivered strong financial results with record revenues and solid earnings, driven by operational efficiency and robust F&I performance.
While facing challenges in used vehicle pricing and EchoPark segment losses, the company aims to improve profitability and address cost concerns.
Management's confidence in future performance, dividend increase, and strategic investments signal a positive outlook for Sonic Automotive's growth and financial stability.

Sonic Automotive reports record revenues, EchoPark aims for profitability

Sonic Automotive delivered strong revenues but faced challenges with adjusted EPS and wholesale auction prices. Opportunities lie in EchoPark's restructuring and potential acquisitions.

Sonic Automotive reports record Q3 revenues amidst EV market challenges

Sonic Automotive delivered strong Q3 results with record revenues and solid EPS. Strategic adjustments at EchoPark drove improved financial performance.
Challenges include declining new vehicle gross profit and market dynamics like heavy discounts. Opportunities exist in adapting to EV trends and maximizing returns.
The company's focus on resilience and growth positions it well for the future amidst market transitions. EchoPark's positive EBITDA outlook signals continued progress.
Sonic Automotive's performance reflects a balance of strengths and challenges, with opportunities in EV adaptation and market dynamics driving future prospects.

Sonic Automotive reports Q4 growth, EchoPark shows improvement

Sonic Automotive's Q4 showed revenue growth and stable EPS.
EchoPark segment making progress with reduced losses.
Challenges include declining vehicle profits and pricing.
Opportunities lie in improving F&I and overall operational performance.

Sonic Automotive reports mixed Q1 results, focuses on EchoPark growth

Sonic Automotive's Q1 2024 performance reflects mixed results with revenue decline but improved EPS, highlighting segment-specific challenges and opportunities for growth.
Strong F&I performance and liquidity position are key strengths, while pricing dynamics and segment earnings pose challenges that require strategic management.
The company's focus on EchoPark segment growth and financial stability sets the stage for navigating market uncertainties and driving long-term value creation.

Sonic Automotive reports Q2 challenges, but segments show resilience

Sonic Automotive faced challenges from the CDK software outage and inventory increases but maintained strong F&I performance.
The company's EchoPark and Powersports segments showed resilience, with record EBITDA and solid revenues.
Despite headwinds, Sonic Automotive reaffirmed its 2024 financial guidance and approved a cash dividend, signaling confidence in future performance.
Opportunities lie in segment improvements, margin enhancement strategies, and customer experience enhancements.

Sonic Automotive's EchoPark shines in Q3 amidst challenges

Sonic Automotive reported strong performance in EchoPark and F&I segments, despite challenges from CDK outage and market dynamics. The company maintains a focus on growth opportunities in F&I trends and EchoPark's expansion plans.

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Los Angeles, California--(Newsfile Corp. - March 9, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sonic Automotive, Inc. ("Sonic" or "the Company") (NYSE: SAH) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Sonic is the subject of a report published by Bloomberg on...

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Sonic Automotive, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

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LOS ANGELES--(BUSINESS WIRE)---- $SAH #investors--The Law Offices of Frank R. Cruz Continues Its Investigation of Sonic Automotive, Inc. (SAH) on Behalf of Investors

The Law Offices of Frank R. Cruz Continues Investigation of Sonic Automotive, Inc. (SAH) on Behalf of Investors

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Inducted into Training Magazine Hall of Fame

Sonic Automotive Inducted into Training Magazine Hall of Fame

CHARLOTTE, N.C.--(BUSINESS WIRE)--EchoPark Automotive Awarded a 2021 DealerRater Consumer Satisfaction Award

EchoPark Automotive Awarded a 2021 DealerRater Consumer Satisfaction Award

NEW YORK--(BUSINESS WIRE)--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Sonic Automotive, Inc. ("Sonic" or "the Company") (NYSE: SAH). Investors who purchased Sonic securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/sah. The investigation concerns whether Sonic and certain of its officers and/or directors have violated federal securities laws. On October 7, 202

Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Sonic Automotive, Inc. (SAH) Investigation

NEW YORK--(BUSINESS WIRE)-- #Investigation--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Sonic Automotive, Inc. (NYSE: SAH) on behalf of long-term stockholders. Our investigation concerns whether the board of directors of Sonic have breached their fiduciary duties to the company. On October 7, 2020, The Charlotte Observer reported that Sonic's Chief Executive Officer, David Bruton Smith, was “arrested Monday and charged with assa

SONIC AUTOMOTIVE ALERT: Bragar Eagel & Squire, P.C. Is Investigating Sonic Automotive, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $SAH #SAH--INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Sonic Automotive, Inc.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Sonic Automotive, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

Sonic Automotive's (SAH) EchoPark segment records fourth-quarter 2020 revenues of $386.9 million, reflecting a 25.4% uptick from the year-ago period.

Sonic (SAH) Q4 Earnings Beat, EchoPark Unit Sales Jump Y/Y

PHOENIX--(BUSINESS WIRE)--Sonic Automotive Expands its EchoPark Footprint with Newest Store in Phoenix, Arizona Market

Sonic Automotive Expands its EchoPark Footprint with Newest Store in Phoenix, Arizona Market

SYRACUSE, N.Y.--(BUSINESS WIRE)--Sonic Automotive Expands EchoPark's National Footprint into the Northeast with Addition of Used Car King

Sonic Automotive Expands EchoPark's National Footprint into the Northeast with Addition of Used Car King

LOS ANGELES--(BUSINESS WIRE)---- $SAH #SAH--INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Sonic Automotive, Inc.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Sonic Automotive, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $SAH #investors--The Law Offices of Frank R. Cruz Announces Investigation of Sonic Automotive, Inc. (SAH) on Behalf of Investors

The Law Offices of Frank R. Cruz Announces Investigation of Sonic Automotive, Inc. (SAH) on Behalf of Investors

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by management of Sonic Automotive, Inc. (NYSE: SAH) resulting from allegations that management may have issued materially misleading business information to the investing public. On October 7, 2020, The Charlotte Observer reported that Sonic's Chief Executive Officer, David Bruton Smith, was “arrested Monday and charged with assault on a female and f

EQUITY ALERT: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by Management of Sonic Automotive, Inc. – SAH

Sonic Automotive, Inc. (SAH) on Q4 2020 Results - Earnings Call Transcript

Sonic Automotive (SAH) delivered earnings and revenue surprises of 4.90% and -1.11%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Sonic Automotive (SAH) Q4 Earnings Top Estimates

Shares of Sonic Automotive (NYSE:SAH) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share were up 54.64% over the past year to $1.50, which beat the estimate of $1.40.

Sonic Automotive: Q4 Earnings Insights

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Reports All-Time Record Quarterly Revenues and Pre-Tax Earnings

Sonic Automotive Reports All-Time Record Quarterly Revenues and Pre-Tax Earnings

Sonic Automotive (SAH) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Sonic Automotive (SAH) This Earnings Season?

As of late, it has definitely been a great time to be an investor in Sonic Automotive (SAH).

Sonic Automotive's (SAH) Shares March Higher, Can It Continue?

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive schedules release of 2020 fourth quarter and full year financial results.

Sonic Automotive Schedules Release of 2020 Fourth Quarter and Full Year Financial Results

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ATLANTA--(BUSINESS WIRE)--Sonic Automotive Announces Opening of EchoPark Atlanta, its First Location in State of Georgia

Sonic Automotive Announces Opening of EchoPark Atlanta, its First Location in State of Georgia

Sonic is transforming itself into a used car super retailer. Margins are better in used cars and EchoPark's compelling economics make success more likely.

News for Sonic Automotive Stock (SAH)