secwatch.observer — SEC 8-K summary
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Issuer:     SONIC AUTOMOTIVE INC (SAH)
CIK:        0001043509
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001043509-22-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonic Automotive Q3 2022: record revenue $3.4B, net income $87.3M, dividend raised 12%
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- Record Q3 revenue $3.4B (+12% YoY); gross profit $580.7M (+23%).
- Net income $87.3M ($2.23 diluted EPS); record F&I per unit $2,477 (+5%).
- EchoPark gross profit record $48.6M (+88%); segment loss $29.9M.
- Repurchased 3.1M shares for $151.5M (8% of shares outstanding).
- Quarterly dividend increased 12% to $0.28 per share; payable Jan 13, record Dec 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043509/000104350922000015/0001043509-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043509/000104350922000015/sah-20221027.htm
  HTML page:      https://secwatch.observer/filing/0001043509-22-000015

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