{"schema_version":"secwatch.filing_event.v1","accession":"0001043509-23-000002","form_type":"8-K","ticker":"SAH","cik":"0001043509","company_name":"SONIC AUTOMOTIVE INC","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.642904+00:00","generated_at":"2026-06-19T10:22:50.294023+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Sonic Automotive Reports Record Q4 Revenue $3.6B, FY $14B; Acquires 13 Powersports Stores; Declares Dividend","bullets":["Q4 2022 revenue $3.6B (record), up 13% YoY; full-year revenue $14B (record), up 13% YoY.","Reported Q4 net loss $190.9M due to $320.4M non-cash impairment charge; adjusted net income $97.8M.","Acquired 13 Powersports locations to further diversify retail portfolio.","Repurchased 5.6M shares in 2022 for $261.9M, average $47.08 per share.","Quarterly cash dividend approved as part of the earnings press release."],"urls":{"canonical":"https://secwatch.observer/filing/0001043509-23-000002","json":"https://secwatch.observer/filing/0001043509-23-000002.json","markdown":"https://secwatch.observer/filing/0001043509-23-000002.md","text":"https://secwatch.observer/filing/0001043509-23-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1043509/000104350923000002/0001043509-23-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1043509/000104350923000002/sah-20230215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T10:22:50.294023+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bcfe1f43f8041023bfe15a7e1bbf013d7d2cc21a","claim":"SONIC AUTOMOTIVE INC reported fiscal year ended December 31, 2022 results: revenue $14.0 billion, net income $88.5 million ($2.23 earnings per diluted share), EPS $2.23 earnings per diluted share.","evidence_excerpt":"Stock for an aggregate purchase price of approximately $35.8 million, or an average of $48.25 per share Full Year 2022 Financial Summary • All-time record annual revenues of $14.0 billion, up 13% year-over-year; all-time record annual gross profit of $2.3 billion, up 21% year-over-year • Reported full year net income of $88.5 million ($2.23 earnings per diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1043509/000104350923000002/0001043509-23-000002-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended December 31, 2022"},{"label":"Revenue","value":"$14.0 billion"},{"label":"Net income","value":"$88.5 million ($2.23 earnings per diluted share)"},{"label":"EPS","value":"$2.23 earnings per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d194040254a3c799d6b8ec36db6f344b83c341ac","claim":"SONIC AUTOMOTIVE INC reported fourth quarter and fiscal year ended December 31, 2022 results: revenue $3.6 billion, net income $190.9 million ($5.22 loss per diluted share), EPS $5.22 loss per diluted share.","evidence_excerpt":"today reported financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter 2022 Financial Summary • All-time record quarterly revenues of $3.6 billion, up 13% year-over-year; record fourth quarter gross profit of $576.1 million, up 9% year-over-year • Reported fourth quarter net loss of $190.9 million ($5.22 loss per diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1043509/000104350923000002/0001043509-23-000002-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and fiscal year ended December 31, 2022"},{"label":"Revenue","value":"$3.6 billion"},{"label":"Net income","value":"$190.9 million ($5.22 loss per diluted share)"},{"label":"EPS","value":"$5.22 loss per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}