None
DE
Sonic Automotive Q2 Earnings Call Highlights
['Ethan Ryder']
Ticker Report
Reported gross profit for the segment rose 1%, but same-store gross profit declined 3%, reflecting difficult comparisons against elevated demand ahead of tariffs in the second quarter of 2025.
Same-store retail used-vehicle volume increased 7%, as Sonic cited improving supply and its strategy to increase used-vehicle throughput.
Same-store fixed operations gross profit increased 2%, including a 1% increase in customer-pay gross profit and a 3% increase in warranty gross profit.
Retail used-vehicle volume increased 17% to 19,601 units, outpacing the broader used-vehicle market, according to the company.
About Sonic Automotive (NYSE:SAH)Sonic Automotive, Inc is a publicly traded automotive retailer that operates a network of franchised new-car dealerships and used-vehicle dealerships across the United States.