Sonic Automotive reports Q1 adjusted EPS $1.48, consensus $1.44

Reports Q1 revenue $3.7B, consensus $3.52B. CEO David Smith stated, “In Q1, our team continued to execute at a high level, driving record Q1 consolidated revenues and combined new and used retail unit sales volume, in addition to all-time record quarterly adjusted EBITDA in our EchoPark Segment…Despite uncertainty around the impact of tariffs on pricing, vehicle and parts inventory levels, gross margin, and consumer demand, our entire team remains focused on executing our strategy and continuing to grow our business, in order to create long-term value for our stakeholders.” CFO Heath Byrd added, “As of March 31, 2025, we had approximately $430M in cash and floor plan deposits on hand, with total liquidity of approximately $947M, before considering unencumbered real estate. In light of uncertainty around the effects that tariffs are expected to have on the automotive industry and our business, we have updated or withdrawn certain items in our previous financial guidance for 2025. Despite this uncertainty, we remain optimistic about opportunities to strategically deploy our capital to grow our revenue base and enhance shareholder returns, while managing the impact of tariffs on our business.”