May 23, 2024

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Sonic Automotive Schedules Release of 2022 First Quarter Financial Results

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CHARLOTTE, N.C., April 08, 2022–(Business enterprise WIRE)–Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the “Corporation”) (NYSE:SAH), one particular of the nation’s major automotive merchants, nowadays declared it will launch fiscal 2022 initially quarter economic effects on Thursday, April 28, 2022 by 7:00 A.M. (Japanese). Senior management will hold a meeting call later that early morning at 11:00 A.M. (Japanese).

Investor presentation and earnings press release supplies will be accessible commencing the morning of the convention connect with on the Company’s website at ir.sonicautomotive.com.

To obtain the live webcast of the convention connect with, you should go to ir.sonicautomotive.com.

For phone obtain to this conference phone, be sure to sign up in progress using this link:
https://www.incommglobalevents.com/registration/q4inc/10643/sonic-automotive-q1-2022-earnings-convention-call/
Following registering, you will receive a confirmation that incorporates dial-in figures and a exclusive meeting call obtain code and PIN for entry. Registration continues to be obtainable by means of the stay call, nonetheless, to make certain you are connected for the whole get in touch with we recommend registering at least 10 minutes before the commence of the contact.

A meeting get in touch with replay will be accessible starting two several hours pursuing the call for 14 times at ir.sonicautomotive.com.

About Sonic Automotive

Sonic Automotive, Inc., a Fortune 500 corporation dependent in Charlotte, North Carolina, is on a quest to become the most useful automotive retailer and company brand name in The us. Our Organization culture thrives on creating, innovating, and supplying field-foremost visitor experiences, driven by strategic investments in technologies, teammates, and tips that finally satisfy ownership desires, enrich lives, and deliver pleasure to our company and teammates. As a person of the greatest automotive stores in The us, we are dedicated to offering on this intention although pursuing expansive growth and using progressive steps to be the leader in this class. Our new platforms, packages, and people are established to travel the future generation of automotive encounters. More details about Sonic Automotive can be located at www.sonicautomotive.com and ir.sonicautomotive.com.

About EchoPark Automotive

EchoPark Automotive is 1 of the speediest developing and most comprehensive stores of practically new pre-owned cars in The usa these days. Our quick advancement program is anticipated to bring our one of a kind company model to 90% of the U.S. inhabitants by 2025, making use of a single of the most modern technological know-how-enabled income techniques in our business. Our technique offers a customized and established guest-centric getting procedure that constantly delivers award profitable visitor experiences and exceptional benefit to car consumers nationwide, with cost savings of up to $3,000 versus the levels of competition. We consider EchoPark is on pace to develop into the #1 retailer in the almost new pre-owned car market place by 2025, and is currently producing its mark by earning the 2021 Shopper Fulfillment Award from DealerRater, growing its Owner Knowledge Facilities, developing an all-new electronic ecommerce system and concentrating on rising its brand name nationwide. EchoPark’s mission is in its name: Every Car or truck warrants a Content Proprietor. This drives the car or truck shopping for working experience for attendees and differentiates EchoPark from the competitiveness. Far more details about EchoPark Automotive can be observed at www.echopark.com.

Forward-Wanting Statements

Involved herein are forward-seeking statements, like statements pertaining to anticipated future pre-owned automobile product sales projections, the opening of more EchoPark marketplaces, and upcoming populace coverage. There are lots of elements that have an impact on management’s views about potential activities and tendencies of the Company’s enterprise. These elements include risks and uncertainties that could cause actual final results or tendencies to differ materially from management’s views, which inclu
de, without the need of limitation, financial ailments in the markets in which we work, new and employed car business gross sales volume, expected long run development in our EchoPark Section, the accomplishment of our operational procedures, the rate and timing of total financial enlargement or contraction, the outcome of the COVID-19 pandemic and similar government-imposed restrictions on functions, and the possibility components explained in the Company’s Yearly Report on Sort 10-K for the yr ended December 31, 2021 and other stories and info submitted with the Securities and Exchange Fee (the “SEC”). The Business does not undertake any obligation to update ahead-seeking information and facts, except as expected underneath federal securities rules and the policies and polices of the SEC.

Watch source variation on businesswire.com: https://www.businesswire.com/information/home/20220408005025/en/

Contacts

Heath Byrd, Govt Vice President and Main Financial Officer (704) 566-2400
Danny Wieland, Vice President, Trader Relations & Money Reporting (704) 927-3462
[email protected]

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