Q2 2025 Management View CEO David Bruton Smith opened the call by highlighting a record quarter: "primarily as a result of a noncash charge, a noncash charge relating to our annual franchise asset ...

Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is one of the nation’s largest automotive retailers. Sonic can be reached on the web at www.sonicautomotive.com.

EchoPark’s record-setting bandwagon continues to roll. Sonic Automotive’s used-car operation has taken off in 2024, and it soared to a third consecutive ...

In the second quarter of 2020, Sonic Automotive announced it had accelerated its plans to expand its EchoPark footprint to a 140-point nationwide distribution network by 2025, which is expected to ...

Sonic Automotive reported mixed third-quarter results, with record gross profit and adjusted EBITDA in its EchoPark segment, despite a 38% year-over-year decline in adjusted EPS.

Sonic Automotive's second-quarter adjusted diluted EPS of $2.19 beat the $1.63 LSEG consensus. Adjusted EBITDA for the EchoPark stand-alone used vehicle store segment was at an all-time high, more ...

Acquiring enough used inventory is the usual problem for dealerships. In the fourth quarter of 2024, Sonic Automotive faced the opposite problem — it had too much used inventory. Poor results in ...

BMW is the largest brand at about 25%. 2023's revenue was $14.4 billion, with EchoPark's portion totaling $2.4 billion. Sonic bought RFJ Auto in December 2021, which added $3.2 billion in sales.

EchoPark Automotive Houston has moved its Southwest Freeway location in Houston to a bigger location to 12057 Southwest Freeway in Stafford, according to a Sonic Automotive release.

Zinger Key Points Sonic Automotive Q1 sales rose 8% to $3.65B, beating estimates. EchoPark posted record $63.9M gross profit; Powersports revenue jumped 24%.

With EchoPark's improved performance, we no longer view that risk premium as justified and have lowered Sonic's cost of equity to 11% from 13.5% to align with the other dealers.

Sonic Automotive, Inc. (NYSE: SAH) shares surged after the company reported third-quarter results and raised its quarterly dividend by 17%. The company’s total revenue declined 4.2% year-over ...