Sonic Automotive, Inc. Class A Stock News

Sonic Automotive is investing in online platforms and dealership acquisitions, enhancing customer experience and expanding revenue growth across the U.S. The decline in late-model used vehicles and ongoing inflation could increase the value of SAH's car inventory and boost sales. Stock repurchases and conservative FCF forecasts suggest SAH is undervalued.

The small-cap rally saw shares of some companies rise more than fundamentals suggest they should have.

Software company CDK Global said it has managed to bring a batch of U.S. car dealerships back on to its system after a cyberattack severely disrupted their operations last week, raising hopes the issue can soon be resolved.

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Announces Retirement of Rachel Richards and Promotion of Dino Bernacchi to Chief Marketing Officer.

The better-than-expected operating profitability of Sonic Automotive's pre-owned vehicle business (EchoPark) was the main factor contributing to the company's +4.8% Q1 earnings beat. SAH has decreased its total shares outstanding by a fifth in the last four years with its active share buybacks. Sonic Automotive is awarded a Buy rating considering EchoPark's growth prospects and SAH's potential ...

Sonic Automotive, Inc. (NYSE:SAH ) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants David Smith - Chairman & CEO Heath Byrd - CFO Jeff Dyke - President Danny Wieland - VP of IR & Financial Reporting Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Patrick Buckley - Jefferies Operator Good morning, and welcome to the Sonic Automoti...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Reports First Quarter Financial Results.

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Schedules Release of 2024 First Quarter Financial Results.