Q3 2020
For quarter ended September 30, 2020
Latest Financial Results
$2.5B
Total Sonic consolidated third quarter 2020 revenues of $2.5 billion and gross profit of $376.6 million
68.3%
Selling, general and administrative (“SG&A”) expenses as a percentage of gross profit were 68.3% for the third quarter of 2020, compared to 76.7% for the third quarter of 2019 (results for the third quarter of 2020 include an 80 basis point benefit related to a gain on franchise disposals)
$1.35
All-time record earnings per diluted share from continuing operations of $1.35 for the third quarter of 2020, an increase of 105% compared to $0.66 for the third quarter of 2019 (included in the results for the third quarter of 2020 is a pre-tax gain of $3.2 million, or $0.06 per share, related to franchise disposals)
All-time record EchoPark quarterly revenues of $385.1 million, up 23.3% from the third quarter of 2019
All-time record EchoPark quarterly retail sales volume of 15,127 units, up 14.5% from the third quarter of 2019
For complete information regarding our financials, see our periodic filings