{"schema_version":"secwatch.filing_event.v1","accession":"0001043509-23-000009","form_type":"8-K","ticker":"SAH","cik":"0001043509","company_name":"SONIC AUTOMOTIVE INC","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.743816+00:00","generated_at":"2026-06-16T07:49:30.847817+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Sonic Automotive Q1 revenue record $3.5B, net income down 51% YoY; dividend raised 3.6%","bullets":["Record Q1 revenue of $3.5B, up 1% YoY; gross profit $553.5M, down 3%.","Net income $47.7M, down 51% YoY; diluted EPS $1.29, down 45%.","EchoPark segment record revenues $650.5M (+5% YoY); retail used units 19,980 (+34% YoY).","Repurchased 1.6M shares (~5% of shares outstanding) for $90.7M at avg $55.16/share.","Quarterly dividend increased 3.6% to $0.29/share; payable July 14, record June 15."],"urls":{"canonical":"https://secwatch.observer/filing/0001043509-23-000009","json":"https://secwatch.observer/filing/0001043509-23-000009.json","markdown":"https://secwatch.observer/filing/0001043509-23-000009.md","text":"https://secwatch.observer/filing/0001043509-23-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1043509/000104350923000009/0001043509-23-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1043509/000104350923000009/sah-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T07:49:30.847817+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":"3b53b3b857dbe2a0a67278bdc895bd084e1b0ed7","claim":"SONIC AUTOMOTIVE INC reported first quarter ended March 31, 2023 results: revenue $3.5 billion, net income $47.7 million, EPS $1.29 earnings per diluted share.","evidence_excerpt":"automotive retailers, today reported financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Summary • Record first quarter revenues of $3.5 billion, up 1% year-over-year; quarterly gross profit of $553.5 million, down 3% year-over-year • Reported first quarter net income of $47.7 million, down 51% year-over-year ($1.29","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1043509/000104350923000009/0001043509-23-000009-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$3.5 billion"},{"label":"Net income","value":"$47.7 million"},{"label":"EPS","value":"$1.29 earnings 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"}