earnings
confidence high
sentiment positive
materiality 0.80
Sonic Automotive Q1 record revenue $3.6B, EPS $2.33 up 89% YoY; raises dividend 108%
SONIC AUTOMOTIVE INC
2022-Q1 EPS reported
$2.33
revenue$3,586,600,000
- Record Q1 revenue $3.6B (+28.7% YoY); diluted EPS $2.33 (+89.4% YoY).
- Franchised dealership same-store new vehicle GPU $6,799 (+134.4%); F&I GPU record $2,495.
- EchoPark revenue $625.3M (+23.3%) but pre-tax loss $34.9M; adjusted EBITDA loss $29.0M.
- Quarterly cash dividend raised 108% (per-share amount not specified in release).
- Repurchased ~1.7M shares for ~$76.1M since Q4 2021.