Earnings ·
Sonic Automotive reported second quarter 2026 financial results with total revenues of $3.9 billion, an 8%…
SAHSonic Automotive Inc
Sonic Automotive reported second quarter 2026 financial results with total revenues of $3.9 billion, an 8% year-over-year increase, and record quarterly gross profit of $616.2 million. Net income rose 226% to $57.4 million ($1.79 diluted EPS), while adjusted net income decreased 23% to $58.3 million ($1.82 adjusted diluted EPS). The company's Board of Directors approved a quarterly cash dividend of $0.41 per share, payable on October 15, 2026 to stockholders of record on September 15, 2026. Sonic Automotive operates as one of the nation’s largest automotive and powersports retailers.