Sonic Automotive (NYSE:SAH) Stock, Quote.Headers.trade-ideas

Sonic Automotive

Sonic Automotive is one of the largest auto dealership groups in the United States. The company has 108 franchised stores in 18 states, primarily in metropolitan areas in California, Texas, and the Southeast, plus 18 EchoPark used-vehicle stores, 16 collision centers, and 15 powersports locations. The franchise stores derive revenue from new and used vehicles plus parts and collision repair, finance, insurance, and wholesale auctions. Luxury and import dealerships make up about 86% of franchise new-vehicle revenue, while Honda, BMW, Mercedes, and Toyota constitute about 59% of new-vehicle revenue. BMW is the largest brand at about 25%. 2024's revenue was $14.2 billion, with Texas and California comprising 51% of the total. EchoPark's portion was $2.1 billion.

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Sonic Automotive reported 9% year-over-year growth in fourth-quarter revenue to $3.896 billion, beating the consensus of $3.611 billion.

Sonic Automotive Beats Q4 Estimates, Grows Technician Workforce For 2025

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Press Releases

CDK Extends Relationship With Sonic Automotive

Sonic Automotive Schedules Release of Third Quarter 2024 Financial Results

$2 Million Hurricane Relief Donation Made by Four Leading North Carolina Companies

Sonic Automotive Reports Third Quarter 2024 Financial Results

EchoPark Automotive Expands Houston Southwest Freeway Experience Center

After 20 Years, George C. Chaconas of Performance Brokerage Services Advises on the Sale of Motorcycles of Charlotte and Motorcycles of Greensboro in North Carolina to Sonic Automotive

Sonic Automotive Announces Acquisition of Audi New Orleans

Kerrigan Advisors Represents Bohn Brothers Automotive Group in Sale of Audi New Orleans to Sonic Automotive

Sonic Automotive Schedules Release of Fourth Quarter and Full Year 2024 Financial Results

Sonic Automotive Reports Fourth Quarter and Full Year Financial Results

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Sonic Automotive (NYSE:SAH) Stock, Quote.Headers.trade-ideas

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