Sonic Automotive posts Q4 record revenue $3.9B; EPS $1.67; declares $0.35 dividend

SONIC AUTOMOTIVE INC

2024-FY EPS reported $6.18 revenue$14,224,300,000

Record quarterly revenue of $3.9B, up 9% YoY; net income $58.6M (EPS $1.67) up 51%.
Adjusted EPS $1.51, down 7% YoY; EchoPark adjusted EBITDA $4.2M, up 146%.
Franchised Dealerships revenue $3.4B (+12%); EchoPark revenue $506.2M (-9%) but gross profit record $49M (+14%).
Acquired three dealerships (North Point Volvo JV, Audi New Orleans, Motorcycles of Charlotte) expected $145M annualized revenue.
Board approved quarterly dividend of $0.35 per share, payable April 15, 2025 to holders of record March 14, 2025.

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