Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $23.21 USD
Change Today 0.00 / 0.00%
Volume 204.8K
SAH On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 3:31 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

sonic automotive inc-class a (SAH) Snapshot

Open
$23.28
Previous Close
$23.21
Day High
$23.57
Day Low
$23.08
52 Week High
12/30/14 - $27.84
52 Week Low
10/14/14 - $21.76
Market Cap
1.2B
Average Volume 10 Days
510.1K
EPS TTM
$1.95
Shares Outstanding
38.7M
EX-Date
09/11/15
P/E TM
11.9x
Dividend
$0.10
Dividend Yield
0.43%
Current Stock Chart for SONIC AUTOMOTIVE INC-CLASS A (SAH)

sonic automotive inc-class a (SAH) Related Businessweek News

No Related Businessweek News Found

sonic automotive inc-class a (SAH) Details

Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates through two segments, Franchised Dealerships and EchoPark. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks; sale replacement parts; provision of vehicle maintenance, manufacturer warranty repairs, paint, and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products. The EchoPark segment operates stand-alone pre-owned specialty retail locations, which enables customers to search, buy, service, and sell their pre-owned vehicles. As of December 31, 2014, it operated 118 franchises in 13 states representing 25 different brands of cars and light trucks; 19 collision repair centers; two stand-alone pre-owned specialty retail locations under the EchoPark brand; and 100 stores. The company was founded in 1997 and is based in Charlotte, North Carolina.

9,300 Employees
Last Reported Date: 02/27/15
Founded in 1997

sonic automotive inc-class a (SAH) Top Compensated Officers

Co-Founder, Chief Executive Officer and Direc...
Total Annual Compensation: $1.0M
Co-Founder and Executive Chairman
Total Annual Compensation: $1.2M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $642.7K
Executive Vice President of Operations
Total Annual Compensation: $922.5K
Compensation as of Fiscal Year 2014.

sonic automotive inc-class a (SAH) Key Developments

Sonic Automotive Inc. Announces Executive Changes

The board of directors of Sonic Automotive Inc. announced the appointment of O. Bruton Smith as Executive Chairman and B. Scott Smith to the position of Chief Executive Officer in conjunction with an executive management realignment. David B. Smith will continue to serve as the company's Vice Chairman. O. Bruton Smith has served as Sonic Automotive's Chairman and Chief Executive Officer since its initial public offering in 1997. As Executive Chairman, he will report directly to the board of directors and will work closely with the board, the Chief Executive Officer and the Vice Chairman to engage in the overall leadership and strategic direction of the Company, guide senior management, coordinate activities of the board of directors and communicate with the company's key stakeholders. In his expanded role as Chief Executive Officer and President, B. Scott Smith, who is a co-founder of the Company and has served as Sonic Automotive's President and Chief Strategic Officer since 2007, will work closely with the Executive Chairman, the Vice Chairman, executive management and the board of directors to develop the strategic direction of the company, provide leadership of day-to-day operations and communicate with the Company's key stakeholders. The realignment became effective immediately upon approval by Sonic Automotive Inc.'s board of directors.

Sonic Automotive Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Impairment Charges for the Second Quarter Ended June 30, 2015; Provides Capital Expenditure Guidance for the Year 2015

Sonic Automotive Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company's total revenues were $2,423,740,000 compared to $2,353,280,000 a year ago. Operating income was $43,130,000 compared to $63,598,000 a year ago. Income from continuing operations before taxes was $24,741,000 compared to $44,890,000 a year ago. Income from continuing operations was $15,092,000 or $0.30 per diluted share compared to $27,061,000 or $0.51 per diluted share a year ago. Net income was $14,781,000 or $0.29 per diluted share compared to $26,993,000 or $0.51 per diluted share a year ago. Adjusted net income from continuing operations was $23.4 million or $0.46 per diluted share compared to $23.5 million, or $0.44 per diluted share a year ago. Adjusted net income was $23.077 million or $0.45 per diluted share compared to $23.387 million, or $0.44 per diluted share a year ago. Capital spends for the second quarter, a total spend of $83 million for facilities, IT and general maintenance, offset by $46 million in mortgages related to the EchoPark and franchise dealership properties. For the six months the company's total revenues were $4,659,256,000 compared to $4,489,666,000 a year ago. Operating income was $84,626,000 compared to $114,241,000 a year ago. Income from continuing operations before taxes was $48,329,000 compared to $77,123,000 a year ago. Income from continuing operations was $29,481,000 or $0.57 per diluted share compared to $47,045,000 or $0.89 per diluted share a year ago. Net income was $28,749,000 or $0.56 per diluted share compared to $46,379,000 or $0.87 per diluted share a year ago. Adjusted earnings from continuing operations were $42,196,000 or $0.82 per diluted share compared to $43.439 million or $0.82 per diluted share for the same period a year ago. Adjusted net income was $41.464 million or $0.81 per diluted share compared to $42.773 million, or $0.81 per diluted share a year ago. The company also reported impairment charges of $10,469,000 for the second quarter ended June 30, 2015 compared to $4,000 a year ago. Estimated 2015 total spend of $214 million, offset by $110 million in mortgages.

Sonic Automotive, Inc. Approves Quarterly Dividend, Payable on October 15, 2015

Sonic Automotive Inc. announced that its board of directors approved a quarterly dividend of $0.025 per share payable in cash for stockholders of record on September 15, 2015. The dividend will be payable on October 15, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SAH:US $23.21 USD 0.00

SAH Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Asbury Automotive Group Inc $88.31 USD +0.76
Group 1 Automotive Inc $96.57 USD +1.04
Lithia Motors Inc $120.14 USD +2.03
Monro Muffler Brake Inc $62.83 USD +0.35
Pep Boys-Manny Moe & Jack/The $11.80 USD -0.14
View Industry Companies
 

Industry Analysis

SAH

Industry Average

Valuation SAH Industry Range
Price/Earnings 14.9x
Price/Sales 0.1x
Price/Book 1.7x
Price/Cash Flow 8.2x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SONIC AUTOMOTIVE INC-CLASS A, please visit www.sonicautomotive.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.