Sonic Automotive updates CDK cyber incident; expects material adverse impact on Q2 earnings

SONIC AUTOMOTIVE INC

DMS basic functionality restored as of July 5; CRM and certain DMS functions remain offline.
Incident since June 19 caused slower vehicle sales; reasonably likely to materially impact Q2 2024 results.
Full restoration timing unclear; third-party applications also still offline.
Earnings for quarter ended June 30, 2024 expected to be adversely impacted.
Financial condition impact not yet fully ascertainable.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.