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SAH · Sonic Automotive Inc
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$62.89 -0.72 (-1.13%) Q3 2026 earnings call transcript
Market Cap
$2.13B
Shares
34.17M
Volume · Oct 30 51.4K Avg daily vol (3M) 309.74K
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Earnings call · FY2024 Q2

Sonic Automotive Inc (SAH) Q2 2024 Earnings Call

Concluded Aug 5, 2024
Aug 5, 2024 0 turns
Period
FY2024 Q2
Runtime
—
Sources
2 artifacts
Revenue $3.45B -5.5% YoY
Diluted EPS $1.18 +81.5% YoY
Gross margin 15.6% +0.0 pp YoY
Net income $41.20M +76.1% YoY
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Executive readout · one minute

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Forward guidance

3 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

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Research materials

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Forward guidance

From the 8-K filed Aug 5, 2024.

Metric Guided
Incremental annualized fixed operations gross profit
FY 2024
$100M
New vehicle GPU
exit 2024
$3,000
F&I GPU Maintained
FY 2024
$2,400

Quarter detail

How the reported period landed and where the business moved.

Revenue · segments

Franchised Dealerships$2.90B -3.7% YoY
Pre-Owned Stores$517.30M -13.9% YoY

Capital returned

Buybacks · derived
$100,000
Dividend / share
$0.30
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