Sonic Automotive(SAH)

Search documents
Sonic Automotive(SAH) - 2021 Q1 - Quarterly Report
2021-04-29 20:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ FORM 10-Q ______________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-13395 ______________________________________ SONIC ...
Sonic Automotive(SAH) - 2020 Q4 - Annual Report
2021-02-22 22:34
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________________ FORM 10-K ___________________________________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-13395 ___ ...
Sonic Automotive(SAH) - 2020 Q4 - Earnings Call Presentation
2021-02-18 19:17
Sonic Automotive – Investor Presentation February 2021 AUTOMOTIV (3 Updated February 17, 2021 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events, are not historical facts and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. These statements can generally be identified by lead-in words such as ...
Sonic Automotive(SAH) - 2020 Q4 - Earnings Call Transcript
2021-02-17 20:56
Sonic Automotive, Inc. (NYSE:SAH) Q4 2020 Earnings Conference Call February 17, 2021 11:00 AM ET Company Participants Jeff Dyke - President & Director Heath Byrd - EVP & CFO Steve Wittman - Chief Digital Retail Officer Danny Wieland - VP, IR & Financial Reporting Conference Call Participants Nels Nelson - Stephens Inc. Rajat Gupta - JPMorgan Chase & Co. John Murphy - Bank of America Merrill Lynch Mark Jordan - Jefferies Operator Good morning, and welcome to the Sonic Automotive Fourth Quarter 2020 Earnings ...
Sonic Automotive (SAH) Investor Presentation - Slideshow
2020-11-06 22:24
C Sonic Automotive – Investor Presentation October 2020 AUTOMOTIX Updated October 29, 2020 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events, are not historical facts and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. These statements can generally be identified by lead-in words such as "m ...
Sonic Automotive(SAH) - 2020 Q3 - Earnings Call Transcript
2020-11-01 05:17
Financial Data and Key Metrics Changes - The company reported the highest quarterly earnings in its history, with adjusted EPS of $1.29, up 95% from the same quarter last year [5] - Adjusted SG&A expenses as a percentage of gross profit were 69.1%, down 760 basis points from the prior year [7] Business Line Data and Key Metrics Changes - EchoPark revenues for the quarter were $385 million, representing 15% of total revenues, an increase of 23% year-over-year [6] - EchoPark achieved record retail sales volume of 15,127 units, up nearly 15% year-over-year [6] Market Data and Key Metrics Changes - The company experienced a significant increase in consumer demand for new and used vehicles, alongside an improving recovery rate in parts and service business [5] - The automotive industry is viewed as being at an inflection point, with expectations to capitalize on this momentum [10] Company Strategy and Development Direction - The company plans to continue expanding its EchoPark network, aiming for $14 billion in revenue by 2025 [6] - A hybrid approach between online and on-site shopping is being developed to enhance the customer experience [8][9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery of demand for both new and used cars, with expectations for improved inventory levels moving into 2021 [17] - The company is better prepared to handle potential future shutdowns due to lessons learned during the pandemic [25] Other Important Information - The company has hired new digital executives to enhance its online retailing capabilities [9] - The company is on track to open additional retail stores and delivery centers, with plans to open two more retail stores by the end of the year [6][20] Q&A Session Summary Question: Follow-up on EchoPark and profit pressures - Management acknowledged challenges due to inventory issues but highlighted record revenue and volume despite constraints [14] Question: Near-term demand trends and parts and services recovery - Management indicated that fixed operations are slowly recovering, with expectations for improved performance in the coming months [25] Question: EchoPark EBITDA expectations for Q4 and 2021 - Management expects Q4 EBITDA to improve and anticipates a strong growth trajectory for EchoPark moving into 2021 [27][28] Question: Human capital sourcing for new store openings - Management confirmed that new store managers are sourced internally, ensuring cultural consistency across locations [36][37] Question: Used vehicle inventory management strategy - Management reiterated the importance of maintaining a short-day supply for profitability, despite recent challenges [44][46]
Sonic Automotive(SAH) - 2020 Q2 - Earnings Call Transcript
2020-08-02 12:09
Sonic Automotive, Inc. (NYSE:SAH) Q2 2020 Earnings Conference Call July 30, 2020 11:00 AM ET Company Participants David Smith - Chief Executive Officer Jeff Dyke - President Heath Byrd - Chief Financial Officer Conference Call Participants Rick Nelson - Stephens Rajat Gupta - JPMorgan Armintas Sinkevicius - Morgan Stanley Ethan Huntley - Jefferies John Murphy - Bank of America Operator Good morning. And welcome to the Sonic Automotive Second Quarter 2020 Earnings Conference Call. This conference call is bei ...
Sonic Automotive(SAH) - 2020 Q2 - Earnings Call Presentation
2020-07-30 18:06
© Sonic Automotive – Investor Presentation July 2020 AUTOMOTIV Updated July 30, 2020 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events, are not historical facts and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. These statements can generally be identified by lead-in words such as "may," " ...
Sonic Automotive(SAH) - 2020 Q1 - Earnings Call Transcript
2020-05-02 20:08
Sonic Automotive, Inc. (NYSE:SAH) Q1 2020 Earnings Conference Call April 30, 2020 11:00 AM ET Company Participants David Smith - Chief Executive Officer Jeff Dyke - President Heath Byrd - CFO Tim Keen - Executive VP of Operations Conference Call Participants Rick Nelson - Stephens Rajat Gupta - JPMorgan Armintas Sinkevicius - Morgan Stanley John Murphy - Bank of America Michael Ward - Benchmark Bret Jordan - Jefferies Operator Good morning. And welcome to the Sonic Automotive First Quarter 2020 Earnings Con ...
Sonic Automotive(SAH) - 2019 Q4 - Earnings Call Transcript
2020-02-19 20:43
Sonic Automotive, Inc. (NYSE:SAH) Q4 2019 Earnings Conference Call February 19, 2020 11:00 AM ET Company Participants | --- | --- | |------------------------------------------------------------|-------| | | | | David Smith – Chief Executive Officer | | | Jeff Dyke – President Heath Byrd – Chief Financial Officer | | | Conference Call Participants | | | Yarden Amsalem – Bank of America | | | Rick Nelson – Stephens | | | Rajat Gupta – JPMorgan | | | Mark Jordan – Jefferies | | Operator Good morning, and welco ...