{"schema_version":"secwatch.filing_event.v1","accession":"0001043509-23-000018","form_type":"8-K","ticker":"SAH","cik":"0001043509","company_name":"SONIC AUTOMOTIVE INC","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.008270+00:00","generated_at":"2026-06-09T07:42:38.071031+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sonic Automotive Q3 revenue record $3.6B; net income down 22% YoY to $68.4M","bullets":["Record Q3 revenue $3.6B (+6% YoY); gross profit $582.2M flat; net income $68.4M (-22%); diluted EPS $1.92 (-14%).","Adjusted net income $72M (-18%); adjusted diluted EPS $2.02 (-9%).","EchoPark segment revenues $626.7M (+6%); record gross profit $52.8M (+22%); used units up 25% to 19,050.","Board approved 3.4% dividend increase to $0.30/share, payable Jan 12, 2024 to holders of record Dec 15, 2023.","Repurchased 1.7M shares in Q3 for $86.7M; YTD 3.3M shares (9% of shares outstanding at Dec 31, 2022)."],"urls":{"canonical":"https://secwatch.observer/filing/0001043509-23-000018","json":"https://secwatch.observer/filing/0001043509-23-000018.json","markdown":"https://secwatch.observer/filing/0001043509-23-000018.md","text":"https://secwatch.observer/filing/0001043509-23-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1043509/000104350923000018/0001043509-23-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1043509/000104350923000018/sah-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T07:42:38.071031+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":"e0da0baa5925d40d8779d16ad292fd9d4bcc6754","claim":"SONIC AUTOMOTIVE INC reported third quarter ended September 30, 2023 results: revenue $3.6 billion, net income $68.4 million, EPS $1.92 earnings per diluted share. Guidance reaffirmed.","evidence_excerpt":"automotive retailers, today reported financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Summary • Record third quarter revenues of $3.6 billion, up 6% year-over-year; gross profit of $582.2 million, flat year-over-year • Reported third quarter net income of $68.4 million, down 22% year-over-year ($1.92 earnings per","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1043509/000104350923000018/0001043509-23-000018-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$3.6 billion"},{"label":"Net income","value":"$68.4 million"},{"label":"EPS","value":"$1.92 earnings per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"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"}