Sonic Automotive (SAH) Misses Q4 EPS by 8c

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Sonic Automotive, Inc. Reports Fourth Quarter and Full Year Results

February 20, 2019 7:30 AM EST

CHARLOTTE, N.C., Feb. 20, 2019 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive retailers, today reported financial results for the fourth quarter and full year ended December 31, 2018.

Fourth quarter revenue and gross profit of $2.6 billion and $370.7 million, respectively Record fourth quarter pre-owned retail unit sales of 35,135 units Record quarterly F&I gross profit per retail unit of $1,659 Record quarterly F&I gross of $109.6 million EchoPark stores retailed 8,762 units during the fourth quarter, up 94.9% from the fourth quarter of 2017... More