2020 EchoPark 250

Sonic Automotive Reports All-Time Record Quarterly Revenues

Retrieved on: 
星期四, 七月 27, 2023

Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") ( NYSE:SAH ), one of the nation’s largest automotive retailers, today reported financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” "we," "us" or "our") ( NYSE:SAH ), one of the nation’s largest automotive retailers, today reported financial results for the second quarter ended June 30, 2023.
  • David Smith, Chairman and Chief Executive Officer of Sonic Automotive, stated, “Our team remains focused on executing our strategic plan and adapting our business to an evolving industry backdrop.
  • I am extremely proud of our team's continued efforts to maximize profitability in the near-term, while positioning Sonic for long-term success.
  • Sonic’s Board of Directors approved a quarterly cash dividend of $0.29 per share, payable on October 13, 2023 to all stockholders of record on September 15, 2023.