---
schema_version: "secwatch.filing_event.v1"
accession: "0001043509-24-000039"
form_type: "8-K"
ticker: "SAH"
cik: "0001043509"
company_name: "SONIC AUTOMOTIVE INC"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:19:18.737097+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sonic Automotive Q1 revenue down 3% to $3.4B; EchoPark adjusted EBITDA hits record $7.3M

## Summary
- Reported EPS $1.20 (-7% YoY); adjusted EPS $1.36 (+2% YoY).
- EchoPark gross profit $52.6M (+34% YoY); adjusted EBITDA $7.3M (+120% YoY).
- Company repurchased ~0.5M shares for $27M during Q1.
- Quarterly cash dividend approved (amount not specified in release).
- Total revenues $3.4B (-3% YoY); net income $42M (-12% YoY).

## SEC filing metadata
- accession: 0001043509-24-000039
- form_type: 8-K
- ticker: SAH
- cik: 0001043509
- company_name: SONIC AUTOMOTIVE INC
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043509/000104350924000039/0001043509-24-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043509/000104350924000039/sah-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001043509-24-000039
- JSON: https://secwatch.observer/filing/0001043509-24-000039.json
- Plain text: https://secwatch.observer/filing/0001043509-24-000039.txt

## Key facts
- Earnings Releases
  SONIC AUTOMOTIVE INC reported first quarter ended March 31, 2024 results: revenue $3.4 billion, net income $42.0 million, EPS $1.20 earnings per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $3.4 billion
  - Net income: $42.0 million
  - EPS: $1.20 earnings per diluted share
  - Result: reported results
  source text: the nation’s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Summary • Total revenues of $3.4 billion, down 3% year-over-year; total gross profit of $536.2 million, down 3% year-over-year • Reported net income of $42.0 million, down 12% year-over-year ($1.20 earnings per diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043509/000104350924000039/0001043509-24-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.