Oct 29, 8:44 AM ET
Sonic Automotive reported record third-quarter 2026 total revenues of $4.0 billion, up 0.4% year-over-year, but net income fell 12% to $41.1 million and diluted earnings per share fell 4% to $1.28. The board also approved a quarterly cash dividend of $0.41 per share, up from $0.38 a year earlier, payable January 15, 2027.
- Total revenues of $4.0 billion, up 0.4%; gross profit of $617.5 million, up 0.3%
- Net income of $41.1 million, down 12%; diluted EPS of $1.28, down 4%; adjusted diluted EPS of $1.30, down 8%
- EchoPark retail used vehicle unit sales volume of 19,923, up 22%
- Quarterly dividend of $0.41 per share, payable January 15, 2027 to holders of record December 15, 2026
Read the filing on SEC.gov ↗
Jul 30, 8:52 AM ET
Sonic Automotive reported second-quarter 2026 revenue of $3.9 billion, up 8% year over year, and gross profit of $616.2 million, up 2%. Reported net income rose to $57.4 million from a loss of $45.6 million a year earlier, which included impairment charges, but adjusted net income fell 23% to $58.3 million. The Board also approved a quarterly dividend of $0.41 per share.
- Total revenues $3.9 billion, up 8%; gross profit $616.2 million, up 2%
- Reported diluted EPS $1.79 versus a loss of $1.34 a year earlier; adjusted diluted EPS $1.82, down 17%
- EchoPark retail used unit volume up 17% to 19,601; EchoPark segment income $7.2 million, down 38%
- Quarterly dividend of $0.41 per share, payable October 15, 2026, to holders of record on September 15, 2026
Read the filing on SEC.gov ↗
May 8, 4:01 PM ET
Sonic Automotive's Compensation Committee approved performance-based restricted stock unit grants to three executive officers, effective May 6, 2026. The awards are tied to the company's adjusted earnings per share for 2026 and vest in installments through February 2029, so they align executive pay with future per-share results.
- Grants: David Bruton Smith 69,872 units; Jeff Dyke 38,175 units; Heath R. Byrd 26,183 units
- Awards are subject to forfeiture based on achievement of defined adjusted EPS measures for calendar year 2026
- Vesting: 25% on March 31, 2027; 30% on February 11, 2028; 45% on February 11, 2029, subject to the performance condition
Read the filing on SEC.gov ↗
May 1, 4:05 PM ET
At its April 29, 2026 annual meeting, Sonic Automotive stockholders approved a new 2026 Equity Incentive Plan, which replaces the 2012 Stock Incentive Plan, and re-elected all nine director nominees. The filing also reports approval of the auditor, an advisory say-on-pay vote, and an amended director restricted stock plan, so shareholders should note the new share reserve for future equity awards.
- The 2026 Equity Incentive Plan reserves 2,318,148 Class A shares, including 318,148 shares left available under the 2012 plan, and runs until February 10, 2036.
- The equity plan received 133,026,040 votes for and 5,662,777 votes against, with 2,955 abstentions and 1,961,571 broker non-votes.
- The advisory vote on fiscal 2025 executive pay received 133,238,802 votes for and 5,439,356 against.
- Grant Thornton LLP was ratified as the independent auditor for fiscal 2026 with 140,643,605 votes for and 1,535 against.
Read the filing on SEC.gov ↗
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