Sonic Automotive INC

Market Movers (8-K)

NYSE
Sonic Automotive announced record consolidated revenues and gross profit for the second quarter of 2026, driven by strong performance in its EchoPark and Powersports segments.
NYSE
Sonic Automotive, Inc. announced performance-based restricted stock unit grants to key executive officers under its 2026 Equity Incentive Plan.
NYSE
Sonic Automotive stockholders approved the 2026 Equity Incentive Plan and re-elected the board of directors at the 2026 annual meeting.
NYSE
Sonic Automotive, Inc. has entered into a $150 million senior unsecured bridge credit facility with PNC Bank to support general corporate purposes.
Capital raise
NYSE
Sonic Automotive's Compensation Committee established performance-based cash bonus parameters for its executive officers for the 2026 fiscal year.
NYSE
Sonic Automotive, Inc. reported all-time record quarterly consolidated revenues of $4.0 billion and gross profit of $615.5 million for Q3 2025, despite a significant drop in reported net income.

Quarterly Earnings (10-Q)

NYSE
Sonic Automotive reported a 6% increase in total revenues for Q2 2026, reaching $3.93 billion, but saw a significant drop in net income due to higher expenses and a prior year gain.
Worse than expected
NYSE
Sonic Automotive reported a significant drop in net income and EPS for Q3 and the first nine months of 2025, primarily due to substantial non-cash impairment charges, despite revenue growth across most segments.
Worse than expected
NYSE
Sonic Automotive, Inc. reported a net loss of $45.6 million for the second quarter of 2025, primarily due to a $172.4 million non-cash franchise asset impairment charge, even as total revenues increased by 6%.
Delay expected
Worse than expected
NYSE
Sonic Automotive's Q1 2025 shows revenue growth driven by new vehicle sales, but earnings are affected by cyber insurance proceeds and changing market dynamics.
NYSE
Sonic Automotive's Q3 results show a decrease in revenue and profit, impacted by a cyber incident and challenging market conditions, despite some positive trends in used vehicle sales and F&I.
Worse than expected
NYSE
Sonic Automotive's second-quarter results were significantly impacted by a cybersecurity incident at CDK Global, disrupting operations and affecting sales volumes.
Worse than expected
Delay expected

Annual Reports (10-K)

NYSE
Sonic Automotive reports increased revenues across most segments in 2025, alongside significant impairment charges and recovery from a 2024 cyber outage.
Delay expected
Worse than expected
Capital raise
NYSE
Sonic Automotive reports a slight revenue decrease for 2024, impacted by the CDK outage and changing market conditions, while focusing on strategic growth and cost optimization.
Worse than expected
Delay expected
NYSE
Sonic Automotive's 10-K filing outlines its capital structure, including Class A and Class B common stock, and details anti-takeover provisions and risk factors.
Worse than expected

Insider Trading (Form 4)

NYSE
Sonic Automotive Inc. President Jeff Dyke reported the sale of Class A Common Stock valued at over $3 million through a pre-arranged trading plan.
NYSE
Sonic Automotive President Jeff Dyke sold 50,000 shares of Class A Common Stock via a pre-established 10b5-1 trading plan.
NYSE
Sonic Automotive Inc. EVP and CFO Heath Byrd reported a sale of 5,061 shares of Class A Common Stock on June 2, 2026, executed under a 10b5-1 trading plan.
NYSE
Sonic Automotive, Inc. reports that EVP and CFO Heath Byrd was granted 26,183 performance-based restricted stock units on May 6, 2026.
NYSE
Jeff Dyke, President and Director of Sonic Automotive, Inc., was granted 38,175 performance-based restricted stock units on May 6, 2026.
NYSE
Sonic Automotive Inc. reports the grant of performance-based restricted stock units to Chairman and CEO David Bruton Smith.

Proxy Statements (Def-14A)

NYSE
Sonic Automotive, Inc. announced its 2026 annual meeting of stockholders to address director elections, auditor ratification, executive compensation, and new equity incentive plans.
NYSE
Sonic Automotive, Inc. has filed a definitive proxy statement with the SEC.
NYSE
Sonic Automotive's 2025 proxy statement outlines proposals for the annual meeting, including director elections, auditor ratification, and executive compensation approval.
NYSE
Sonic Automotive, Inc. has filed a definitive proxy statement with the SEC.
NYSE
Sonic Automotive's 2024 annual meeting will address director elections, auditor ratification, and an advisory vote on executive compensation.

Schedule 13D - Activist Investments

NYSE
Sonic Automotive Inc. reports an increase in beneficial ownership by key stakeholders, including OBS Family, LLC, Sonic Financial Corporation, and individual Smiths, primarily due to open market repurchases by the company.

Schedule 13G - Passive Investments

NYSE
The Vanguard Group reports zero beneficial ownership in Sonic Automotive Inc. following an internal realignment.
NYSE
Dimensional Fund Advisors LP has filed an amended Schedule 13G, disclosing a 6.1% beneficial ownership stake in Sonic Automotive Inc. as of June 30, 2025.
NYSE
BlackRock, Inc. has filed an amended Schedule 13G, reporting beneficial ownership of 10.2% of Sonic Automotive Inc.'s Class A Common Stock as of March 31, 2025.
NYSE
Dimensional Fund Advisors LP files Schedule 13G, reporting beneficial ownership of 7.5% of Sonic Automotive Inc.'s common stock as of December 31, 2024.