secwatch.observer — SEC 8-K summary
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Issuer:     SONIC AUTOMOTIVE INC (SAH)
CIK:        0001043509
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001043509-22-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonic Automotive Q1 record revenue $3.6B, EPS $2.33 up 89% YoY; raises dividend 108%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043509/000104350922000007/0001043509-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043509/000104350922000007/sah-20220428.htm
  HTML page:      https://secwatch.observer/filing/0001043509-22-000007

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