Sonic Automotive Q3 2026 net income falls 12% to $41.1 million
Bitget2026/10/29 10:49- Sonic Automotive’s third-quarter 2026 net income fell 12% to $41.1 million, while diluted earnings per share declined to $1.28.
- Total revenues rose to $3.99 billion, while selling, general and administrative expenses climbed 3% to $466.8 million.
- EchoPark revenues increased 14% to $596 million, while retail used-vehicle unit sales jumped 22% to 19,923.
- Management plans an EchoPark Orlando market opening in the coming weeks and is prioritizing improved expense leverage.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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