Sonic Automotive reports Q2 adjusted EPS $2.19, consensus $1.60

Reports Q2 revenue $3.7B, consensus $3.66B. CEO David Smith stated, “I am very proud of our team’s effort in Q2, driving record Q2 consolidated revenues and another all-time record quarterly adjusted EBITDA in our EchoPark Segment. These results validate our efforts to deliver an outstanding experience for our guests and teammates, grow our long-term EchoPark volume and profitability, gain market share in our franchised dealerships and powersports segments, and optimize our expense structure in order to create long-term value for our stakeholders. The acquisition of four Jaguar Land Rover stores cements Sonic as the largest Jaguar Land Rover volume retailer in the U.S. and enhances our brand portfolio in the coveted California luxury market. While there is uncertainty around the future impact of tariffs on consumer demand, vehicle pricing, gross margins, and inventory levels, our team remains committed to executing our strategy and adapting to changes in our business, as we have done for much of our company’s history.” CFO Heath Byrd added, “As of June 30, 2025, we had approximately $210M in cash and floor plan deposits on hand, with total liquidity of approximately $775M, before considering unencumbered real estate. Our focus on maintaining a strong balance sheet and liquidity position allowed us to complete the acquisition of four Jaguar Land Rover dealerships in Q2 using cash on hand, and we remain focused on deploying capital via a diversified growth strategy across our Franchised Dealerships, EchoPark, and Powersports Segments to grow our revenue base and enhance shareholder returns.”