FILING ANALYSIS · THURSDAY, OCTOBER 29
SONIC AUTOMOTIVE INC SAH — 8-K: Results of Operations and Financial Condition
neutral
Sonic Automotive reported all-time record quarterly total revenues of $4.0 billion and record quarterly gross profit of $617.5 million, driven by growth in the EchoPark and Powersports segments, but net income was down 12% year-over-year due to higher expenses. The company also announced a quarterly cash dividend of $0.41 per share.
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