Sonic Automotive(SAH) - 2021 Q1 - Earnings Call Presentation

Company Overview - Sonic Automotive aims to grow total revenue to $25 billion by 2025[15] - In FY 2020, Sonic Automotive's total revenues were $9.8 billion, with 93,000 new vehicles and 159,000 used vehicles sold[12] - The company operates 107 locations across 14 states and features over 20 automotive brands[9, 12] Revenue Composition - Luxury brands account for 55% of total revenue, import brands 20%, EchoPark 15%, and domestic brands 10% in FY 2020[19] - Texas accounts for 28% of total revenue, California 26%, and Colorado 10% in FY 2020[17] - New vehicles contribute 42% to revenue, used vehicles 34%, parts, service & collision repair 13%, and finance & insurance 11%[21] EchoPark Growth Strategy - EchoPark plans to expand to a 140+ point distribution network by 2025[25] - EchoPark targets 575,000 unit sales and $14 billion in revenues annually by 2025[39] - EchoPark's 5-year accelerated growth forecast projects revenues to increase from $1.4 billion in FY 2020 to $14 billion in FY 2025, representing a 58% CAGR[53] Q1 2021 Financial Performance - Q1 2021 revenues reached $2786.8 million, a 20.7% increase compared to Q1 2020[82] - Q1 2021 net income was $53.7 million, a 127% increase compared to Q1 2020[82] - Q1 2021 diluted earnings per share were $1.23, a 126.3% increase compared to Q1 2020[82]