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

Sonic Automotive (SAH) delivered earnings and revenue surprises of -2.78% and 8.05%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Sonic Automotive (SAH) Lags Q2 Earnings and Revenue Estimates

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic” or the “Company”) (NYSE:SAH), one of the nation's largest automotive retailers, today reported financial results for the second quarter and six months ended June 30, 2022. Key Second Quarter 2022 Highlights All-time record quarterly revenues of $3.7 billion, up 9% year-over-year, all-time record quarterly gross profit of $588.8 million, up 15% year-over-year Reported net income from continuing operations of $9

Sonic Automotive Reports Second Quarter Financial Results

AbbVie

Arhaus

Bristol-Myers

EPR Properties

Kulicke & Soffa Industries

NVIDIA

Roku

After the first two quarters of fiscal year 2022, who holds the top spot in the InvestorPlace Best Stocks for 2022 contest? Let's dive in.

Best Stocks for 2022: After Two Quarters, Who Holds The Lead?

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Schedules Release of 2022 Second Quarter Financial Results

Sonic Automotive Schedules Release of 2022 Second Quarter Financial Results

While inflation has presented significant challenges to SAH stock, cynical fundamental realities might help Sonic Automotive. The post Best Stocks for 2022: Sonic Automotive is a Surprisingly Good Deal appeared first on InvestorPlace.

Best Stocks for 2022: Sonic Automotive is a Surprisingly Good Deal

CHARLOTTE, N.C.--(BUSINESS WIRE)--A Statement from David Smith, CEO of Sonic Automotive on the Passing of the Company's Founder and Executive Chairman Bruton Smith

A Statement from David Smith, CEO of Sonic Automotive on the Passing of the Company's Founder and Executive Chairman Bruton Smith

Sonic Automotive (SAH) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Sonic Automotive (SAH) Surges 5.5%: Is This an Indication of Further Gains?

SAN FRANCISCO--(BUSINESS WIRE)-- #automation--Instabase Selected by Sonic Automotive to Transform Invoice Processing

Instabase Selected by Sonic Automotive to Transform Invoice Processing

Chefs' Warehouse

Vita Coco

Campbell Soup

Camping World Hlds

Dillard's

Masonite International

Olin

Rent-A-Center

TreeHouse Foods

Although most market segments are hurting from the recent downfall, a few names have enjoyed surprisingly robust momentum. The post What Crash?

What Crash? 10 Stocks to Buy That Are Gaining Momentum

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

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

NASHVILLE, Tenn.--(BUSINESS WIRE)--Sonic Automotive Celebrates the Start of Construction of Audi Downtown Nashville Heralding the Future of Luxury Automotive Retail

Sonic Automotive Celebrates the Start of Construction of Audi Downtown Nashville Heralding the Future of Luxury Automotive Retail

ST. LOUIS--(BUSINESS WIRE)--Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Retail Hub Opening in St. Louis, Missouri

Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Retail Hub Opening in St. Louis, Missouri

Sonic (SAH) sees growth in earnings and revenues in the first quarter of 2022.

Sonic (SAH) Earnings & Sales Miss Estimates in Q1, Up Y/Y

Sonic Automotive, Inc. (NYSE:SAH ) Q1 2022 Earnings Conference Call April 28, 2022 11:00 AM ET Company Participants David Smith - Chief Executive Officer Jeff Dyke - President Heath Byrd - Chief Financial Officer Tim Keen - Chief Operating Officer of EchoPark Steve Wittman - Chief Digital Retail Officer Danny Wieland - Vice President of Investor Relations Conference Call Participants Aileen Smith - Bank of America Rajat Gupta - JP Morgan Chase Ethan Huntley - Jefferies Joe Enderlin - Stephens Operator Good morning, and welcome to the Sonic Automotive First Quarter 2022 Earnings Conference Call. This conference call is being recorded today, Thursday, April 28, 2022.

Sonic Automotive, Inc. (SAH) CEO David Smith on Q1 2022 Results - Earnings Call Transcript

Sonic Automotive (SAH) delivered earnings and revenue surprises of -4.90% and 3.87%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Sonic Automotive (SAH) Q1 Earnings and Revenues Miss Estimates

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic” or the “Company”) (NYSE:SAH), one of the nation's largest automotive retailers, today reported financial results for the first quarter ended March 31, 2022. Key Highlights All-time record quarterly revenues of $3.6 billion, up 28.7% year-over-year Record first quarter income from continuing operations before taxes of $128.9 million, up 77.5% year-over-year Record first quarter net income from continuing operat

Sonic Automotive Reports Record First Quarter Financial Results

The Zacks Consensus Estimate for Sonic Automotive's (SAH) Q1 earnings per share and revenues is pegged at $2.45 and $3.73 billion, respectively.

Is Sonic (SAH) Set to Pull Off Q1 Earnings & Sales Beat?

COLUMBUS, Ga.--(BUSINESS WIRE)--Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Opening of Newest Delivery Center in Columbus, Georgia

Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Opening of Newest Delivery Center in Columbus, Georgia

Sonic Automotive (SAH) possesses 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: What to Know Ahead of Next Week's Release

Although SAH stock isn't moving to plan, the reality is that the many cynical factors that should lift shares haven't changed much. The post Best Stocks for 2022: Sonic Automotive Is a Cynical Bet on Hard Times appeared first on InvestorPlace.

Best Stocks for 2022: Sonic Automotive Is a Cynical Bet on Hard Times

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 first quarter financial results on Thursday, April 28, 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 confer

Sonic Automotive Schedules Release of 2022 First Quarter Financial Results

Sonic (SAH) expands its popular EchoPark auto brand by adding a new facility in Raleigh, making it the 3rd unit in the state. It looks for long-run momentum through Echopark's expansion efforts.

Sonic Automotive (SAH) Adds Raleigh to its EchoPark Footprint

The auto industry is in a steady decline thanks to supply chain hang-ups, chip shortages and other factors, but that isn't stopping Sonic Automotive from continuing to expand its EchoPark Automotive brand with the opening of its newest retail hub in Raleigh, North Carolina, according to a Tuesday (April 5) press release. The new spot […]

As Sales Slump, Sonic Automotive Ramps up Chain of Used Car Omnichannel Stores

RALEIGH, N.C.--(BUSINESS WIRE)--Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Opening in Raleigh, North Carolina

Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Opening in Raleigh, North Carolina

Sonic Automotive (SAH) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

News for Sonic Automotive Stock (SAH)