Q2 2020
For quarter ended June 30, 2020
Latest Financial Results
$2.1B
Total Sonic consolidated second quarter 2020 revenues of $2.1 billion and gross profit of $307.4 million
74.9%
SG&A expenses as a percentage of gross profit were 74.9% for the second quarter of 2020, compared to 77.2% for the second quarter of 2019, a 230-basis point improvement (total SG&A expenses for the second quarter of 2020 decreased $64.2 million, or 22%, compared to the second quarter of 2019)
$0.71
Earnings per diluted share from continuing operations of $0.71 for the second quarter of 2020, compared to $0.62 for the second quarter of 2019 (included in the results for the second quarter of 2020 is a non-recurring tax benefit of $3.2 million, or $0.07 per share)
EchoPark second quarter 2020 revenues of $315.3 million, up 8% from the second quarter of 2019
EchoPark second quarter 2020 retail sales volume of 13,207 units, up 5% from the second quarter of 2019
EchoPark segment income of $2.6 million, up 52% from the second quarter of 2019
For complete information regarding our financials, see our periodic filings