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.

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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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Why Sonic Automotive (SAH) is a Top Momentum Stock for the Long-Term

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Sonic Automotive (SAH) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Why Fast-paced Mover Sonic Automotive (SAH) Is a Great Choice for Value Investors

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Acquires Audi and Volkswagen Franchises, Continuing Expansion of Its Franchised Dealership Network in the State of Colorado

Sonic Automotive Acquires Audi and Volkswagen Franchises, Continuing Expansion of Its Franchised Dealership Network in the State of Colorado

Sonic Automotive (SAH) has been struggling lately, but the selling pressure may be coming to an end soon.

Sonic Automotive (SAH) Sees Hammer Chart Pattern: Time to Buy?

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Increases Minimum Hourly Wage to $15; Focus on Teammate Wellbeing Continues to Drive Record Operating Results

Sonic Automotive Increases Minimum Hourly Wage to $15

Auto retailer Sonic Automotive, Inc. on Tuesday (Aug. 17) opened an EchoPark Automotive outpost in Las Vegas, continuing the expansion of the brand across the U.S. EchoPark customers can shop in person or pick up their cars at the new Las Vegas area location after shopping online. The used car dealership has more than 10,000 […]

Sonic Automotive Opens Las Vegas EchoPark Dealership

LAS VEGAS--(BUSINESS WIRE)--Sonic Automotive Continues to Grow Its EchoPark Nationwide Distribution Network & Digital Expansion with Opening in Las Vegas, Nevada

Sonic Automotive Continues to Grow Its EchoPark Nationwide Distribution Network & Digital Expansion with Opening in Las Vegas, Nevada

Sonic Automotive, Inc. (NYSE:SAH) is an American automotive company.

Sonic Automotive Stock Accelerating After All-Time Highs

AUSTIN, Texas--(BUSINESS WIRE)--Sonic Automotive Continues to Grow Its EchoPark Nationwide Distribution Network & Digital Expansion in Austin, Texas

Sonic Automotive Continues to Grow Its EchoPark Nationwide Distribution Network & Digital Expansion in Austin, Texas

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Here's Why Momentum Investors Will Love Sonic Automotive (SAH)

Sonic Automotive (SAH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Sonic Automotive (SAH) Soars to 52-Week High, Time to Cash Out?

Sonic Automotive (SAH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Sonic Automotive (SAH) Stock

Used car prices are at all-time highs, but there are signs that may change as new car inventory improves despite continued semiconductor chip shortages.

The high prices of used cars may finally be dropping: Sonic Automotive president

Sonic Automotive, Inc.'s (SAH) CEO David Bruton Smith on Q2 2021 Results - Earnings Call Transcript

Sonic Automotive's (SAH) second-quarter earnings and sales jump 311% and 58%, respectively, on a year-over-year basis.

Sonic (SAH) Q2 Earnings & Sales Beat Estimates, Rise Y/Y

Wall Street analysts have asked in the past whether Sonic Automotive might spin off its EchoPark used-car network. Sonic isn't saying.

Sonic Automotive Puts EchoPark Used-Car Brand On Strategic Review

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Shares of Sonic Automotive (NYSE:SAH) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share rose 310.94% year over year to $2.63, which beat the estimate of $1.25.

Recap: Sonic Automotive Q2 Earnings

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

Sonic Automotive Reports All-Time Record Quarterly Revenues and Earnings Per Share

INCLINE VILLAGE, Nev.--(BUSINESS WIRE)-- #KerriganAdvisors--Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented owner Ron Bubar in the sale of Grand Junction Subaru and Grand Junction Volkswagen in Grand Junction, Colorado to Sonic Automotive (NYSE: SAH). The transaction marks the 118th and 119th dealership sale that Kerrigan Advisors has advised on in just the last six years, making the firm today's most active sell-side advisor to the highest value transactions in auto r

Kerrigan Advisors Represents Grand Junction Subaru & Grand Junction Volkswagen in Sale

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Acquires Subaru and Volkswagen Franchises, Expanding Its Franchised Dealership Network in the State of Colorado

Sonic Automotive Acquires Subaru and Volkswagen Franchises, Expanding Its Franchised Dealership Network in the State of Colorado

PENSACOLA, Fla.--(BUSINESS WIRE)--Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Pensacola, Florida

Sonic Automotive Adds Additional Market to Its Growing Echopark Nationwide Distribution Network & Digital Expansion in Pensacola, Florida

LOUISVILLE, Ky.--(BUSINESS WIRE)--Sonic Automotive Adds Additional Market To Its Growing EchoPark Nationwide Distribution Network & Digital Expansion In Louisville, Kentucky

News for Sonic Automotive Stock (SAH)