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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BHP Billiton

Cenovus Energy

Duke Energy

H&R Block

Valvoline

Exxon Mobil

Although the volatility of last year may tempt contrarians to go big this year, some funds should be dedicated to long-term stocks to own. Don't get me wrong – under the right circumstances, taking potshots can prove incredibly lucrative.

7 Long-Term Stocks Every Smart Investor Should Own in 2023

Big Lots

Beyond Meat

GEO Group

Lemonade

Warby Parker

Clear Secure

In the first few weeks of 2023, the rise of risk-on assets (including cryptocurrencies) confirms that you don't want to make any assumptions about short-squeeze stocks. True, on an elemental basis, securities that attract an unusual volume of bearish pressure point to negative sentiment.

7 Short-Squeeze Stocks Ready to Make Hedge Funds Wince

CHARLOTTE, N.C.--( BUSINESS WIRE )--Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation's largest automotive retailers, today announced it will release fiscal 2022 fourth quarter and full year financial results on Wednesday, February 15, 2023 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern).

Sonic Automotive Schedules Release of 2022 Fourth Quarter and Full Year Financial Results

Chewy

Camping World Hlds

EVgo

Lindblad Expeditions

While it's always risky to go against the masses, certain short-squeeze stocks for contrarians to consider may perform surprisingly well. Invariably, even the collective sometimes gets things wrong.

7 Short-Squeeze Stocks for Contrarians to Consider

CHARLOTTE, N.C.--( BUSINESS WIRE )--Marcus Lemonis, business mogul, TV personality, motivational speaker, and most importantly, philanthropist, is at it again this holiday season with another holiday giving spree. Every year, Marcus gives away almost $2 million in gifts with his social posts #HolidaysWithMarcus and this year he adds another exciting twist. Marcus often gives away unique gifts that include known and big brands to those in need, and this year he's giving away several vehicles from EchoPark Automotive, a subsidiary of Sonic Automotive, one of the largest automotive dealership groups in the United States.

EchoPark Automotive Is Excited to Be a Part of #HolidaysWithMarcus

Sonic (SAH) gains from buyouts that add to revenues. Its EchoPark unit provides ample growth visibility.

Here's Why Investors Should Hold Sonic Automotive (SAH) Now

Sonic (SAH) reports earnings and sales miss in third-quarter 2022. Its top and bottom lines see year-over-year growth.

Sonic (SAH) Lags Q3 Earnings Estimates, Raises Dividend by 12%

Sonic Automotive, Inc. (NYSE:SAH ) Q3 2022 Earnings Conference Call October 27, 2022 11:00 AM ET Company Participants David Smith - Chairman and CEO Jeff Dyke - President Heath Byrd - CFO Tim Keen - COO, EchoPark Steve Wittman - Chief Digital Retail Officer Danny Wieland - VP of IR Conference Call Participants John Murphy - Bank of America Merrill Lynch Joe Enderlin - Stephens Rajat Gupta - JPMorgan Operator Good morning and welcome to the Sonic Automotive Third Quarter 2022 Earnings Conference Call. This conference call is being recorded today, Thursday, October 27, 2022.

Sonic Automotive, Inc. (SAH) Q3 2022 Earnings Call Transcript

Sonic Automotive (SAH) delivered earnings and revenue surprises of -10.80% and 3.95%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Sonic Automotive (SAH) Q3 Earnings and Revenues Lag Estimates

Sonic Automotive Reports Record Third Quarter Results

Sonic Automotive (SAH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sonic Automotive (SAH) Earnings Expected to Grow: Should You Buy?

Asbury Automotive Group

Group 1 Automotive

Rush Enterprises

Auto Retail industry participants ABG, RUSHA, GPI and SAH hold promise, thanks to their digitization and expansion efforts along with investor-friendly moves amid increasing economic uncertainties.

4 Stocks to Watch as Auto Retail Industry Holds its Ground

Wall Street will be watching the auto industry's earnings results for signs of weakening consumer demand amid recessionary fears.

Wall Street eyes auto industry earnings for signs of 'demand destruction'

Sonic Automotive has been hit by the pessimism in the market in recent months. But this doesn't mean the company is a bad prospect when you consider its fundamental data.

Sonic Automotive Should Still Outperform

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Company”) (NYSE:SAH), one of the nation's largest automotive retailers, today announced it will release fiscal 2022 third quarter financial results on Thursday, October 27, 2022 by 7:00 A.M. (Eastern). Senior management will hold a conference call later that morning at 11:00 A.M. (Eastern). Investor presentation and earnings press release materials will be accessible beginning the morning of the conf

Sonic Automotive Schedules Release of 2022 Third Quarter Financial Results

At the time of writing, car dealer network Sonic Automotive (NYSE: SAH ) mathematically represents a case of good news and bad news. Good news, on an absolute basis, the 8% magnitude return on a year-to-date (YTD) framework for SAH stock aligns with the long-term annual average performance of the benchmark S&P 500 index.

Best Stocks 2022: These 3 Factors Can Send Sonic Automotive (SAH) Stock Soaring in Q4

Penske Automotive Group

In the prevailing times of heightened volatility, keep a close watch on two promising auto retail stocks- Penske (PAG) and Sonic (SAH) - to have a healthy passive income stream.

2 Set & Forget Auto Retail Dividend Stocks Amid Inflation Woes

AMN Healthcare Services

Academy Sports and Outdoors

Civitas Resources

Hillenbrand

Mueller Industries

Universal Forest Products

I recently saw a tweet from Charlie Bilello highlighting the top-performing S&P 500 stocks of the past 5, 10, 15, and 20 years. The top performers in each of these periods were once small company stocks.

7 Small Company Stocks You Should Own Now

CarMax

Sonic Automotive is double downgraded to Underperform from Buy at BofA Global Research.

CarMax and Sonic Automotive Cut to Underperform. It's a Supply Issue.

SACRAMENTO, Calif.--(BUSINESS WIRE)--Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Retail Hub Opening near Sacramento, California

Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Retail Hub Opening near Sacramento, California

TULSA, Okla.--(BUSINESS WIRE)--Sonic Automotive Continues to Expand its EchoPark Nationwide Distribution Network with Delivery Center Opening in Tulsa, Oklahoma

Sonic Automotive Continues to Expand its EchoPark Nationwide Distribution Network with Delivery Center Opening in Tulsa, Oklahoma

The acquisition of Audi Owings Mills, located in Maryland, represents the 8th Audi franchise purchased by Sonic (SAH).

Sonic (SAH) Continues Expansion With Audi Owings Mills Buyout

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Acquires Audi Owings Mills in Maryland, Continuing the Expansion of its Franchised Dealership Network

Sonic Automotive Acquires Audi Owings Mills in Maryland, Continuing the Expansion of its Franchised Dealership Network

Sonic's (SAH) bottom line shrinks year over year while its top line sees growth. EchoPark segment reports record quarterly revenues, with growth of 12% from a year ago.

Sonic's (SAH) Earnings Miss Estimates in Q2, Revenues Up Y/Y

Sonic Automotive, Inc. (NYSE:SAH ) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET Company Participants David Smith - CEO Jeff Dyke - President Heath Byrd - CFO Tim Keen - COO of EchoPark Steve Wittman - Chief Digital Retail Officer Danny Wieland - VP of IR Conference Call Participants Daniel Imbro - Stephens Rajat Gupta - JPMorgan Operator Good morning, and welcome to the Sonic Automotive Second Quarter 2022 Earnings Conference Call. This conference call is being recorded today, Thursday, July 28, 2022.

News for Sonic Automotive Stock (SAH)