Sonic Automotive Reports Record Q2 Earnings Amid Segment Growth
Sonic Automotive (SAH) reported record total revenues of $3.9 billion for Q2 2026, an 8% increase year over year and a second-quarter high. The company also achieved a new quarterly gross profit of $616.2 million, up 2%. GAAP earnings per share were $1.79, while adjusted EPS came in at $1.82, aligning with management expectations. The franchised dealership segment saw revenue rise to $3.3 billion (up 6% YoY), and fixed operations gross profit hit a record $263.8 million due to strong customer pay and warranty results. However, new vehicle GPU declined by 11%, prompting an upward revision of full-year guidance from $2,700–$3,000 to $2,850–$3,000. The EchoPark segment grew revenue by 15% YoY and saw a significant increase in retail used unit volume. Powersports also posted record results with a 53% year-over-year revenue jump.
Topics: automotive EchoPark segment franchised dealerships GPU performance revenue growth