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

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Earnings data Q1 2022

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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.

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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) Reports Next Week: Wall Street Expects Earnings Growth

Sonic Automotive (SAH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Sonic Automotive (SAH) Keep the Earnings Surprise Streak Alive?

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Sonic Automotive (SAH) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Here is Why Growth Investors Should Buy Sonic Automotive (SAH) Now

The consensus price target hints at a 39.5% upside potential for Sonic Automotive (SAH). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 39% Upside in Sonic Automotive (SAH): Can the Stock Really Move This High?

Let's see if Sonic Automotive (SAH) stock is a good choice for value-oriented investors right now from multiple angles.

Is Sonic Automotive a Suitable Pick for Value Investors Now?

Sonic Automotive Inc (NYSE: SAH) has acquired Sun Chevrolet in Chittenango, New York, for an undisclosed sum. Joe Caputo founded the dealership in 1979.

Sonic Automotive Acquires Sun Chevrolet In New York

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Continues Expansion of its Franchised Dealership Network with the Acquisition of Sun Chevrolet

Sonic Automotive Continues Expansion of its Franchised Dealership Network with the Acquisition of Sun Chevrolet

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Per its preliminary forecast, Cox Automotive envisions U.S. used vehicle sales to total 39.3 million for 2021, including 22.1 million retail purchases.

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CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Schedules Release of 2021 Fourth Quarter and Full Year Financial Results

Sonic Automotive Schedules Release of 2021 Fourth Quarter and Full Year Financial Results

With used car prices seemingly destined to move higher due to myriad headwinds, SAH stock could be one of 2022's best stocks to buy. The post Best Stocks for 2022: 3 Reasons Why Sonic Automotive Could Triumph appeared first on InvestorPlace.

Best Stocks for 2022: 3 Reasons Why Sonic Automotive Could Triumph

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sonic Automotive Continues EchoPark Expansion with Opening of Newest Location in Chattanooga, Tennessee

Sonic Automotive Continues EchoPark Expansion with Opening of Newest Location in Chattanooga, Tennessee

HUNTSVILLE, Ala.--(BUSINESS WIRE)--Sonic Automotive Continues EchoPark Expansion with Opening of Newest Location in Huntsville, Alabama

Sonic Automotive Continues EchoPark Expansion with Opening of Newest Location in Huntsville, Alabama

BATON ROUGE, La.--(BUSINESS WIRE)--Sonic Automotive Continues EchoPark Expansion with Opening of Newest Location in Baton Rouge, Louisiana

Sonic Automotive Continues EchoPark Expansion with Opening of Newest Location in Baton Rouge, Louisiana

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Announces Completion of RFJ Auto Partners Acquisition

Sonic Automotive Announces Completion of RFJ Auto Partners Acquisition

AUGUSTA, Ga.--(BUSINESS WIRE)--Sonic Automotive Continues EchoPark Expansion with Opening of Newest Location in Augusta, Georgia

Sonic Automotive Continues EchoPark Expansion with Opening of Newest Location in Augusta, Georgia

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Continues Expansion of its Franchised Dealership Network with the Acquisition of Cook Volkswagen

Sonic Automotive Continues Expansion of Its Franchised Dealership Network With the Acquisition of Cook Volkswagen

Sonic Automotive is riding a wave of high transaction prices, driven by low new-car inventory.

Sonic Automotive: Record Revenues, Gross Profit Per New Vehicle, As Demand Outstrips Supply

Sonic Automotive (SAH) not just delivers a comprehensive Q3 beat but also records a year-over-year uptick in overall profits and revenues.

Sonic (SAH) Q3 Earnings Beat on Robust Used Vehicle Sales

Sonic Automotive's (SAH) CEO David Smith on Q3 2021 Results - Earnings Call Transcript

Sonic Automotive (SAH) delivered earnings and revenue surprises of 5.38% and 0.45%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Sonic Automotive (SAH) Q3 Earnings and Revenues Top Estimates

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Reports Record Third Quarter Revenues and Earnings Per Share

Sonic Automotive Reports Record Third Quarter Revenues and Earnings Per Share

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Announces Closing of $1.15 Billion of Senior Notes in a Private Offering

Sonic Automotive Announces Closing of $1.15 Billion of Senior Notes in a Private Offering

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Sonic Automotive (SAH) Right Now?

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News for Sonic Automotive Stock (SAH)