Sonic Automotive reports Q3 adjusted EPS $1.41, consensus $1.74

Reports Q3 revenue $4.0B, consensus $3.63B. CEO David Smith stated, “I am very proud of our team’s effort in Q3, driving all-time record quarterly consolidated revenues and gross profit…The acquisition of our latest Jaguar Land Rover store in Santa Monica 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.” Jeff Dyke, President of Sonic Automotive (SAH), commented, “In addition to reporting all-time record quarterly revenues, our Franchised Dealerships Segment generated all-time record quarterly fixed operations gross profit and F&I gross profit, which combined to account for over 75% of our total gross profit mix…While there is uncertainty around the future impact of tariffs on consumer demand, vehicle pricing, gross margins, and inventory levels, the Sonic team remains committed to executing our strategy and adapting to changes in our business.” CFO Heath Byrd added, “As of September 30, 2025, we had approximately $264M in cash and floor plan deposits on hand, with total liquidity of approximately $815M, before considering unencumbered real estate. Going forward, 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.”