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Sonic Automotive Reports Record Third Quarter Revenues and Earnings Per Share

Expected to add $3.2 billion in revenues on an annualized basis During the third quarter, Sonic repurchased 0.5 million shares of Class A Common Stock for an aggregate purchase price of $24.8 million In October, the Company amended its credit facilities to increase revolver and floor plan commitments from $1.8 billion to $2.95 billion, in addition to completing an upsized offering of $1.15 billion aggregate principal amount of unsecured senior notes due 2029 and 2031 at a blended rate of 4.73%, ...
North Carolina United States David Smith Heath Byrd Sonic Automotive Inc Auto Partners Inc

Sonic Automotive Reports Record First Quarter Revenues and Earnings Per Share

Sonic Automotive Reports Record First Quarter Revenues and Earnings Per Share CHARLOTTE, N.C.--Sonic Automotive, Inc. (โ€œSonicโ€ or the โ€œCompanyโ€) , one of the nationโ€™s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2021. The financial measures discussed below are results for the first quarter of 2021 with comparisons made to the first quarter of 2020, unless otherwise noted. Certain metrics are also compared to the first quarter of ...
North Carolina United States South Carolina Echo Park David Smith Heath Byrd

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