Sonic Automotive Schedules Release of 2023 First Quarter Financial Results
11 Abril 2023 - 5:45AM
Business Wire
Sonic Automotive, Inc. (“Sonic Automotive” or “Sonic” or the
“Company”) (NYSE:SAH), one of the nation’s largest automotive
retailers, today announced it will release fiscal 2023 first
quarter financial results on Thursday, April 27, 2023 by 7:00 A.M.
(Eastern). Senior management will hold a conference call later that
morning at 11:00 A.M. (Eastern).
Investor presentation and earnings press release materials will
be accessible beginning the morning of the conference call on the
Company’s website at ir.sonicautomotive.com.
To access the live webcast of the conference call, please go to
ir.sonicautomotive.com and select the webcast link at the top of
the page.
To dial in to the conference call via telephone, please dial
(877) 407-8289 (domestic) or +1 (201) 689-8341 (international) and
ask to be connected to the Sonic Automotive First Quarter 2023
Earnings Conference Call.
Dial-in access remains available throughout the live call,
however, to ensure you are connected for the full call we suggest
dialing in at least 10 minutes before the start of the call. A
webcast replay will be available following the call for 14 days at
ir.sonicautomotive.com.
About Sonic Automotive
Sonic Automotive, Inc., a Fortune 500 company based in
Charlotte, North Carolina, is on a quest to become the most
valuable automotive retailer and service brand in America. Our
Company culture thrives on creating, innovating, and providing
industry-leading guest experiences, driven by strategic investments
in technology, teammates, and ideas that ultimately fulfill
ownership dreams, enrich lives, and deliver happiness to our guests
and teammates. As one of the largest automotive retailers in
America, we are committed to delivering on this goal while pursuing
expansive growth and taking progressive measures to be the leader
in this category. Our new platforms, programs, and people are set
to drive the next generation of automotive experiences. More
information about Sonic Automotive can be found at
www.sonicautomotive.com and ir.sonicautomotive.com.
About EchoPark
Automotive
EchoPark Automotive is one of the fastest growing and most
comprehensive retailers of nearly new pre-owned vehicles in America
today. Our rapid growth plan is expected to bring our unique
business model to 90% of the U.S. population by 2025, utilizing one
of the most innovative technology-enabled sales strategies in our
industry. Our approach provides a personalized and proven
guest-centric buying process that consistently delivers
award-winning guest experiences and superior value to car buyers
nationwide, with savings of up to $3,000 versus the competition.
Consumers have responded by putting EchoPark at number one among
national pre-owned vehicle retailers in products, sales, and
service based on Google Reviews between April 2021 through April
2022, while receiving the 2021 Consumer Satisfaction Award from
DealerRater. EchoPark’s nationwide growth will continue to leverage
the unique and preferred Experience Centers in-market with a
best-in-class shopping and online buying tool. EchoPark’s mission
is in the name: Every Car, Happy Owner. This drives the experience
for guests and differentiates EchoPark from the competition. More
information about EchoPark Automotive can be found at
www.echopark.com.
Forward-Looking
Statements
Included herein are forward-looking statements, including
statements regarding EchoPark’s anticipated future population
coverage. There are many factors that affect management’s views
about future events and trends of the Company’s business. These
factors involve risks and uncertainties that could cause actual
results or trends to differ materially from management’s views,
including, without limitation, economic conditions in the markets
in which we operate, new and used vehicle industry sales volume,
anticipated future growth in our EchoPark Segment, the success of
our operational strategies, the rate and timing of overall economic
expansion or contraction, the effect of the COVID-19 pandemic and
related government-imposed restrictions on operations, and the risk
factors described in the Company’s Annual Report on Form 10-K for
the year ended December 31, 2022 and other reports and information
filed with the Securities and Exchange Commission (the “SEC”). The
Company does not undertake any obligation to update forward-looking
information, except as required under federal securities laws and
the rules and regulations of the SEC.
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version on businesswire.com: https://www.businesswire.com/news/home/20230411005046/en/
Heath Byrd, Executive Vice President and Chief Financial Officer
Danny Wieland, Vice President, Investor Relations & Financial
Reporting ir@sonicautomotive.com
Sonic Automotive (NYSE:SAH)
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