Sonic Automotive Inc. (SA8A)
XDUS 
Summary
SA8A Chart
Why Sonic Automotive (SAH) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sonic Automotive (SAH) have what it takes?
Sonic Automotive (SAH) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sonic Automotive (SAH) have what it takes?
SAH Q2 Earnings Beat Estimates, EchoPark Total Unit Sales Rise 16%
Sonic's Q2 revenues rise 8% and beat estimates as EchoPark and Powersports grow. Adjusted earnings fall 17%.
Sonic Automotive Inc. (SA8A) FAQ
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Sonic Automotive Inc. Profile
| Automobiles Industry | Consumer Discretionary Sector | David Bruton Smith CEO | XDUS Exchange | US83545G1022 ISIN |
| US Country | 11,000 Employees | 15 Sep 2026 Last Dividend | 26 Jan 1999 Last Split | 12 Nov 1997 IPO Date |
Overview
Sonic Automotive, Inc. is a premier automotive retailer based in the United States, known for its comprehensive approach to serving the automotive needs of its customers. Established in 1997 and headquartered in Charlotte, North Carolina, the company operates through three main segments: Franchised Dealerships, EchoPark, and Powersports. Each segment caters to specific facets of the automotive market, ranging from new and used vehicle sales to maintenance and finance services, underscoring Sonic Automotive’s commitment to covering every aspect of vehicle ownership and enthusiast activities.
Products and Services
- Franchised Dealerships:
This segment marks the core of Sonic Automotive's operations, focusing on the sale of new and used cars and light trucks. It extends beyond sales to offer a broad spectrum of automotive services, including vehicle maintenance, manufacturer warranty repairs, as well as paint and collision repair services. For customers looking to enhance their purchase experience, the segment facilitates extended warranties, service contracts, financing, insurance, and other aftermarket products, making it a one-stop-shop for new and used vehicle customers.
- EchoPark:
Specializing in the sale of used cars and light trucks, the EchoPark segment of Sonic Automotive provides a premium pre-owned vehicle buying experience. In addition to sales, EchoPark places a strong emphasis on customer service by arranging finance and insurance product sales for its guests, further streamlining the procurement process for high-quality, pre-owned vehicles at specialty retail locations.
- Powersports:
Diversifying its portfolio, Sonic Automotive also ventures into the powersports market through this segment. Offering a wide range of new and used powersports vehicles, including motorcycles, personal watercraft, and all-terrain vehicles, it caters to the enthusiasts' market. Similar to its automotive segments, the Powersports segment supports its sales with comprehensive finance and insurance services, ensuring customers not only find the vehicle they desire but also the means to secure and protect their investment.
