Highest-materiality recent filing
Sonic Automotive Q2 2026 revenue $3.9B (+8% YoY); net income $57.4M (+226%); EchoPark units +17%
Q2 total revenues $3.9B (+8% YoY); total gross profit $616.2M (+2% YoY) - record.
Sonic Automotive Q1 record revenue $3.7B; net income down 14%; dividend raised 8%
Revenue $3.7B (+1% YoY); gross profit $598.8M (+6% YoY); reported EPS $1.79 vs $2.04 prior year.
Sonic Automotive reports record annual revenue of $15.2B; Q4 net income down 20%
Full-year revenue $15.2B (+7% YoY); Q4 revenue $3.9B (-1% YoY) with record quarterly gross profit $598.7M.
Sonic Automotive reports record Q3 revenues of $4.0B, up 14% YoY; adjusted EPS $1.41, up 12%
Record quarterly total revenues of $4.0B (+14% YoY); total gross profit $615.5M (+13% YoY).
Sonic Automotive Q2 adjusted EPS $2.19, up 49%; revenue record $3.7B; dividend up 9%
Total revenue $3.7B (+6% YoY); reported net loss $45.6M from $172.4M non-cash impairment.
Sonic Automotive reports record Q1 revenue $3.7B, EPS $2.04 (+70% YoY); declares $0.35 dividend
Record total revenue $3.7B (+8% YoY); reported net income $70.6M ($2.04 EPS), up 68% and 70% YoY.
Sonic Automotive posts Q4 record revenue $3.9B; EPS $1.67; declares $0.35 dividend
Record quarterly revenue of $3.9B, up 9% YoY; net income $58.6M (EPS $1.67) up 51%.
Sonic Automotive enters $149M mortgage loan facility maturing 2027
Credit agreement with PNC Bank establishes a $149,137,000 syndicated mortgage loan facility maturing November 17, 2027.
Sonic Automotive Q3 GAAP EPS up 11% to $2.13; adjusted EPS down 38%; dividend raised 17%
Revenue $3.5B, down 4% YoY; GAAP net income $74.2M ($2.13 diluted EPS), up 8% and 11% YoY respectively.
Sonic Automotive reports $0.64 EPS hit from CDK cyber incident; systems restored
CDK cyber incident on June 19 disrupted DMS and CRM systems; access now restored as of this filing.
Sonic Automotive Q2 net income $41.2M (+76% YoY); CDK outage cut pre-tax income ~$30M
Total revenue $3.5B, down 5% YoY; gross profit $539.1M, down 5%.
Sonic Automotive updates CDK cyber incident; expects material adverse impact on Q2 earnings
DMS basic functionality restored as of July 5; CRM and certain DMS functions remain offline.
Sonic Automotive reports cybersecurity incident at CDK Global disrupting DMS and CRM systems.
On June 19, 2024, CDK Global notified Sonic that it suspended certain systems due to a cybersecurity incident.
Sonic Automotive Q1 revenue down 3% to $3.4B; EchoPark adjusted EBITDA hits record $7.3M
Reported EPS $1.20 (-7% YoY); adjusted EPS $1.36 (+2% YoY).
Q4 revenues $3.6B flat YoY; reported EPS $1.11 (incl $16.7M impairment); adj EPS $1.63.
Sonic Automotive Q3 revenue record $3.6B; net income down 22% YoY to $68.4M
Record Q3 revenue $3.6B (+6% YoY); gross profit $582.2M flat; net income $68.4M (-22%); diluted EPS $1.92 (-14%).
All-time record quarterly revenue of $3.7B, up 4% YoY; gross profit of $568.9M, down 3%.
Sonic Automotive suspends operations at 8 EchoPark locations; expects $60-80M impairment charge
Indefinite suspension at eight EchoPark locations and related delivery/buy centers due to pre-owned market volatility.
Sonic Automotive Q1 revenue record $3.5B, net income down 51% YoY; dividend raised 3.6%
Record Q1 revenue of $3.5B, up 1% YoY; gross profit $553.5M, down 3%.
Q4 2022 revenue $3.6B (record), up 13% YoY; full-year revenue $14B (record), up 13% YoY.
Sonic Automotive restates Q1-Q2 2022 fleet revenue; internal control material weakness
Restatement corrects overstatement of fleet new vehicle revenue by $130.4M (Q1) and $146.6M (Q2); no impact on gross profit or net income.
Sonic Automotive Q3 2022: record revenue $3.4B, net income $87.3M, dividend raised 12%
Record Q3 revenue $3.4B (+12% YoY); gross profit $580.7M (+23%).
Record quarterly revenue $3.7B (+9% YoY) and gross profit $588.8M (+15% YoY).
Sonic Automotive founder and Executive Chairman O. Bruton Smith dies on June 22, 2022
O. Bruton Smith, founder and Executive Chairman, passed away on June 22, 2022.
Sonic Automotive Q1 record revenue $3.6B, EPS $2.33 up 89% YoY; raises dividend 108%
Record Q1 revenue $3.6B (+28.7% YoY); diluted EPS $2.33 (+89.4% YoY).
Sonic Automotive files RFJ Auto financials; 9M21 sales $2.27B, net income $63M
Acquisition closed Dec 6, 2021; purchase price ~$700M for goodwill/intangibles plus inventory values.
Sonic Automotive reports record Q4 revenue $3.2B, EPS $2.66 (adj.)
Q4 record revenue $3.2B, up 13.8% YoY; net income $96.3M ($2.25 diluted EPS).
Sonic Automotive completes $950M acquisition of RFJ Auto Partners; adds 33 locations
Total consideration ~$950.2M; $222.4M funded from floor plan credit facilities.
Record Q3 revenue $3.1B (+20.6% YoY), diluted EPS $1.96 vs $1.35 in prior year.
On July 26, 2023, John W. Harris III, notified the Company of his decision to resign from the Board of Directors of the Company, effective as of August 31, 2023.
Also on July 27, 2022, the Board of the Company elected B. Scott Smith, Co-Founder of the Company and a greater than 10% beneficial owner of the Company, to the Board to fill the vacancy created by the passing of O. Bruton Smith, effective that day, with a term expiring at the Company’s 2023 annual meeting of stockholders.
On July 27, 2022, the Board of Directors (the “Board”) of Sonic Automotive, Inc. (the “Company”) elected David Bruton Smith, the Company’s Chief Executive Officer and a member of the Board, to also serve as Chairman of the Board, effective that day.
Victor H. Doolan and Robert Heller notified Sonic Automotive, Inc. (the “Company”) of his intention not to seek reelection to the Company’s board of directors
Victor H. Doolan and Robert Heller notified Sonic Automotive, Inc. (the “Company”) of his intention not to seek reelection to the Company’s board of directors
Max materiality 0.90 · Median 0.70 · Most common event earnings