Every material Form 8-K Sonic Automotive filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Sonic Automotive reported third quarter 2025 total revenues of $4.0 billion, up 14% and an all-time quarterly record, with gross profit of $615.5 million, also a record. Net income fell 37% to $46.8 million and diluted earnings per share fell 38% to $1.33, driven by a significant increase in medical expenses and a higher effective tax rate. The board approved a quarterly dividend of $0.38 per share, up from $0.30 a year earlier.
Total revenues of $4.0 billion rose 14% and gross profit of $615.5 million rose 13%, both all-time quarterly records.
Net income of $46.8 million fell 37%; diluted earnings per share of $1.33 fell 38%.
Excluding listed items, adjusted diluted earnings per share were $1.41, up 12%.
Board approved a $0.38 quarterly dividend, payable January 15, 2026, to stockholders of record on December 15, 2025.
Sonic Automotive reported second quarter 2025 revenue of $3.7 billion, up 6% year-over-year, but a net loss of $45.6 million, or $1.34 per diluted share, after a $172.4 million non-cash franchise asset impairment charge. The company also raised its quarterly cash dividend 9% to $0.38 per share, which matters to shareholders because it increases the regular cash payment while GAAP results turned to a loss.
Total revenues were $3.7 billion, up 6%, and gross profit was $602.2 million, up 12%.
Reported net loss was $45.6 million, or $1.34 per share, compared with net income of $41.2 million, or $1.18 per diluted share, a year earlier.
Excluding certain items, adjusted earnings per diluted share were $2.19, up 49%, a non-GAAP measure the company defines.
Quarterly dividend rises to $0.38 per share, payable October 15, 2025, to holders of record on September 15, 2025.
Sonic Automotive reported first-quarter 2025 revenue of $3.7 billion, up 8% year over year, and net income of $70.6 million, up 68%. The company included a $30.0 million pre-tax gain from cyber insurance proceeds in those results and said it updated or withdrew certain items of its 2025 guidance because of uncertainty about tariffs.
Diluted earnings per share were $2.04, up 70%; adjusted diluted earnings per share were $1.48, up 9%
EchoPark Segment posted an all-time record quarterly gross profit of $63.9 million and segment income of $10.3 million
Board approved a quarterly cash dividend of $0.35 per share, payable July 15, 2025 to holders of record on June 13, 2025
Sonic Automotive reported fourth quarter 2024 revenue of $3.9 billion, up 9% year-over-year, with reported net income of $58.6 million, up 51%, and diluted earnings of $1.67 per share, up 50%. For the full year, revenue was $14.2 billion, down 1%, while reported net income rose 21% to $216.0 million; adjusted net income fell 7% in the quarter and 20% for the year, and the board approved a $0.35 per share quarterly dividend.
Q4 2024 total revenues $3.9 billion, up 9%; reported net income $58.6 million, up 51%; diluted EPS $1.67, up 50%
Q4 adjusted net income $53.1 million, down 7%; adjusted diluted EPS $1.51, down 7%
Full year 2024 revenues $14.2 billion, down 1%; reported net income $216.0 million, up 21%; diluted EPS $6.18, up 24%
Board approved quarterly cash dividend of $0.35 per share, payable April 15, 2025, to holders of record on March 14, 2025
On February 5, 2025, Sonic Automotive's Compensation Committee set 2025 performance bonus criteria tied to adjusted earnings per share and customer satisfaction, granted performance-based restricted stock units, and approved higher base salaries retroactive to January 1, 2025. Shareholders may track these awards because the salary increases raise fixed executive pay, while the bonuses and RSUs depend on the company's 2025 adjusted earnings per share.
Base salaries rise retroactive to January 1, 2025: David Bruton Smith (Chairman and CEO) from $1,336,366 to $1,737,276; Jeff Dyke (President) from $1,193,230 to $1,491,538; Heath R. Byrd (EVP and CFO) from $930,000 to $1,023,000.
Performance-based RSU grants of 53,035 units to Smith, 30,135 to Dyke and 23,487 to Byrd, subject to forfeiture based on 2025 adjusted EPS, with vesting on March 31, 2026 (25%), February 5, 2027 (30%) and February 5, 2028 (45%).
2025 bonuses are tied to adjusted EPS and dealership customer satisfaction goals for the January 1 to December 31, 2025 Performance Period, with amounts to be determined by March 15, 2026.
On December 27, 2024, Sonic Automotive and certain subsidiaries entered into a credit agreement with PNC Bank as administrative agent, establishing a syndicated mortgage loan facility with maximum lender commitments of $149,137,000 that matures on November 17, 2027. The facility is separate from an existing PNC Mortgage Facility, which remains outstanding, and is secured by liens on certain subsidiary-owned properties and guaranteed by subsidiaries.
Maximum aggregate lender commitments of $149,137,000, available upon satisfaction of funding conditions
Facility matures November 17, 2027; interest priced above SOFR or the Base Rate on a leverage-based pricing grid
Secured by liens on certain subsidiary properties and guaranteed by subsidiaries under a Subsidiary Guaranty Agreement dated December 27, 2024
Agreement includes customary covenants and events of default; the company could be required to repay all amounts upon a default
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Sonic Automotive filing is on SEC EDGAR ↗. 8-K briefs of other companies →