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Sonic Automotive — Third Quarter 2026 Earnings Summary

Sonic Automotive reported third-quarter 2026 total revenues of $4.0 billion and a record quarterly gross profit of $617.5 million. The EchoPark segment drove growth with a 22% year-over-year increase in retail used vehicle unit sales, while the Powersports segment achieved record revenues and income. Despite these segment successes, reported net income declined 12% year-over-year to $41.1 million, and the Franchised Dealerships segment experienced a 7% drop in retail new vehicle unit sales. The company's board of directors approved a quarterly cash dividend of $0.41 per share, payable on January 15, 2027.

Company
SONIC AUTOMOTIVE INC
Sector
Consumer Cyclical
Industry
Auto & Truck Dealerships