Sonic Automotive reports record Q4 revenue $3.2B, EPS $2.66 (adj.)

SONIC AUTOMOTIVE INC

2021-FY EPS reported $8.06 revenue$12,396,400,000

Q4 record revenue $3.2B, up 13.8% YoY; net income $96.3M ($2.25 diluted EPS).
Adjusted net income from cont. ops $113.7M ($2.66 diluted EPS), all-time quarterly record.
EchoPark revenue $579.2M, up 49.7% YoY; F&I gross profit per unit $2,415, up 18.9%.
Board approves 108% dividend increase to $0.25/share, payable April 14, 2022.
Completed RFJ Auto acquisition (expected $3.2B 2022 rev); repurchased ~1M shares for $50.4M.

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