secwatch.observer — SEC 8-K summary
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Issuer:     SONIC AUTOMOTIVE INC (SAH)
CIK:        0001043509
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0001043509-21-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonic Automotive Q3 revenue $3.1B (+20.6%), EPS $1.96; acquires RFJ Auto for $3.2B annualized revenue
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- Record Q3 revenue $3.1B (+20.6% YoY), diluted EPS $1.96 vs $1.35 in prior year.
- All-time record EchoPark revenue $663M (+72% YoY); pre-tax loss $32.9M driven by expansion.
- Pending acquisition of RFJ Auto expected to add $3.2B annualized revenue; funded by $1.15B senior notes at 4.73% blended.
- Credit facilities amended to $2.95B from $1.8B; quarterly cash dividend approved (amount not specified).
- Franchised dealership F&I gross profit per unit record $2,349 (+21% YoY); same-store new vehicle gross profit per unit $5,051 (+93%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043509/000104350921000019/0001043509-21-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043509/000104350921000019/sah-20211028.htm
  HTML page:      https://secwatch.observer/filing/0001043509-21-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer