11th Consecutive Quarter of Year-Over-Year EPS Growth
Franchised Dealership SG&A as % of Gross
Profit Decreased 760 Basis Points*, to 60.1%
(Third Quarter Record)
Quarterly F&I Per Unit of $2,349
(All-Time Record)
Franchised dealerships
EchoPark Locations
# of Automotive Brands
# of States
88
31
25+
17
Company Overview
Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is one of the nation's largest automotive retailers. Our two operating segments consist of franchised dealerships, representing over 25 different new vehicle brands, and EchoPark Automotive, which offers a unique car buying experience in the 1-4year-oldpre-owned vehicle market.
For more company information visit ir.sonicautomotive.com/
*Non-GAAP Financial Measure - Please Refer to Form 8-K Filed October 28, 2021 for Reconciliation to Nearest GAAP Measure
**Excludes $3.2 billion annualized impact of pending acquisition of RFJ Auto Partners
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Sonic Automotive Inc. published this content on 28 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2021 11:12:21 UTC.
Sonic Automotive, Inc. is an automotive retailer in the United States. The Company operates through three segments. The Franchised Dealerships segment provides comprehensive sales and services, including sales of both new and used cars and light trucks; sales of replacement parts and performance of vehicle maintenance, manufacturer warranty repairs, and paint and collision repair services, collectively, Fixed Operations; and arrangement of third-party financing, extended warranties, service contracts, insurance, and other aftermarket products, collectively, finance and insurance (F&I) for its guests. The EchoPark segment sells used cars and light trucks and arranges third-party F&I product sales for its guests in pre-owned vehicle specialty retail locations. The Powersports segment offers guests sales of both new and used powersports vehicles, such as motorcycles, personal watercraft, and all-terrain vehicles; Fixed Operations activities; and F&I services.