secwatch.observer — SEC 8-K summary
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Issuer:     SONIC AUTOMOTIVE INC (SAH)
CIK:        0001043509
Form:       8-K
Filed at:   2022-02-16T23:59:59+00:00
Accession:  0001043509-22-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043509/000104350922000002/0001043509-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043509/000104350922000002/sah-20220216.htm
  HTML page:      https://secwatch.observer/filing/0001043509-22-000002

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