Sonic Automotive (SAH) Misses Q2 EPS by 2c, Revenue Beats

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Go back to Sonic Automotive (SAH) Misses Q2 EPS by 2c, Revenue Beats

Sonic Automotive, Inc. Reports Second Quarter Results - EchoPark Grows Revenue 267%

July 27, 2018 7:30 AM EDT

CHARLOTTE, N.C., July 27, 2018 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive retailers, today reported financial results for the second quarter of 2018.

Second quarter record revenue and gross profit of $2.5 billion and $362.4 million, respectively All-time record quarterly pre-owned retail unit sales of 35,779 units All-time record quarterly F&I gross profit per retail unit of $1,572 All-time record quarterly F&I gross of $104.1 million EchoPark stores retailed 7,459 units during the quarter, up 35.2% sequentially from first quarter 2018

Second Quarter... More