Sonic Automotive Q2 net income swings to profit at $57.4 million; revenue rises 8% to $3.9 billion
Reuters2026/07/30 10:50Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Sonic Automotive posted Q2 2026 net income of $57.4 million, swinging from a loss, with diluted EPS of $1.79.
- Revenue rose 8% to $3.9 billion; gross profit increased 2% to $616.2 million.
- EchoPark revenue climbed 15% to $582.9 million; segment income fell 38% to $7.2 million despite retail used units up 17%.
- Powersports revenue surged 53% to $73.5 million; segment income improved to $2.3 million from breakeven.
- Board set a $0.41 quarterly dividend, payable Oct. 15 to holders of record Sept. 15.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sonic Automotive Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607300645BIZWIRE_USPR_____20260730_BW368443) on July 30, 2026, and is solely responsible for the information contained therein.
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