In This Article:
Sonic Automotive, Inc. SAH posted first-quarter 2025 adjusted earnings per share of $1.48, which topped the Zacks Consensus Estimate of $1.46 and improved 8.82% from the year-ago quarter.
Total revenues amounted to $3.65 billion, which surpassed the Zacks Consensus Estimate of $3.54 billion and rose from the year-ago quarter’s $3.38 billion.
Sonic Automotive, Inc. Price, Consensus and EPS Surprise
Sonic Automotive, Inc. price-consensus-eps-surprise-chart | Sonic Automotive, Inc. Quote
SAH’s Q1 in Detail
On a consolidated basis, revenues from the sales of new vehicles, used vehicles and wholesale vehicles totaled $1.67 billion (up 14% year over year), $1.2 billion (up 1%) and $82.7 million (up 7%), respectively. Revenues from parts, service and collision repair were up 6% to $474.4 million. Finance, insurance and other revenues rose 13% year over year to $190.8 million. Total gross profit increased 6% to $566.4 million.
In the Franchised Dealerships segment, revenues from the sales of new vehicles, used vehicles and wholesale vehicles totaled $1.66 billion (up 14% year over year), $745.6 million (up 2%) and $54.6 million (up 12%), respectively. Revenues from parts, service and collision repair increased 6% to $467.4 million. Finance, insurance and other revenues increased 9% to $130.6 million. The segment’s same-store revenues increased 8% to roughly $3 billion. Same-store retail units of new and used vehicles were 52,889, up 4% from the corresponding quarter of 2024.
The EchoPark segment reported quarterly revenues of $559.7 million. The figure was the same as the year-ago period. Revenues comprised $473.7 million (down 2%) from used vehicle sales, $27.3 million (down 5%) from wholesale vehicle sales and $58.7 million (up 23%) from finance, insurance and other. Its stores sold 18,798 and 3,150 used and wholesale vehicle units, respectively, up 5% each on a year-over-year basis. The segment’s same-store revenues increased 3% to $560.1 million. Same-store retail units of used and wholesale vehicles were 18,798 and 3,150, respectively, up 7% and 13% on a year-over-year basis.
In the Powersports segment, revenues from the sale of new vehicles, used vehicles and wholesale vehicles totaled $19.4 million (up 22% year over year), $5.7 million (up 68%) and $0.8 million (up 700%), respectively. Revenues from parts, service and collision repair rose 3% to $7 million. Finance, insurance and other revenues were $1.5 million. The segment’s same-store revenues were up 10% to $28.6 million. Same-store retail units of new and used vehicles were 1,316, up 11% on a year-over-year basis.