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Mar 31, 2025
Sonic Automotive Q1 2025 Earnings Report
Sonic Automotive reported record first quarter total revenues, gross profit, and net income, with strong performance in its EchoPark and Franchised Dealerships segments.
Key Takeaways
Sonic Automotive reported record first quarter total revenues of $3.7 billion, an 8% increase year-over-year, with total gross profit up 6% to $566.4 million. Reported net income increased by 68% to $70.6 million, resulting in $2.04 earnings per diluted share, up 70% year-over-year. The EchoPark Segment achieved all-time record quarterly gross profit and segment income.
First quarter total revenues reached a record $3.7 billion, an 8% increase year-over-year.
Reported net income grew by 68% year-over-year to $70.6 million, with diluted EPS at $2.04.
EchoPark Segment reported all-time record quarterly gross profit of $63.9 million, up 21% year-over-year, and segment income of $10.3 million.
Franchised Dealerships Segment generated record total revenues, fixed operations gross profit, and F&I gross profit.
Revenue by Segment
Forward Guidance
The company has updated or withdrawn certain items in its previous financial guidance for 2025 due to uncertainty around the effects of tariffs on the automotive industry and its business. Despite this, management remains optimistic about strategic capital deployment to grow revenue and enhance shareholder returns.
Positive Outlook
- Continued focus on delivering an outstanding experience for guests and teammates.
- Commitment to growing EchoPark volume and profitability.
- Efforts to gain market share in franchised dealerships and powersports segments.
- Optimization of expense structure to drive sustained success.
- Optimism about strategically deploying capital to grow revenue base and enhance shareholder returns.
Challenges Ahead
- Uncertainty around the impact of tariffs on pricing.
- Potential effects of tariffs on vehicle and parts inventory levels.
- Potential effects of tariffs on gross margin.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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