Recent Updates — SAH
Sonic Automotive reported all-time record third-quarter total revenues of $4.0 billion and gross profit of $617.5 million. Reported net income was $41.1 million ($1.28 per diluted share), down 12% year-over-year, while adjusted net income fell 15% to $41.9 million. The company's Board approved a quarterly cash dividend of $0.41 per share, payable on January 15, 2027 to stockholders of record on December 15, 2026. Sonic Automotive operates as one of the nation’s largest automotive and powersports retailers.
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.