Fastest-growing powersports retailer delivers record 511 new Harley-Davidson motorcycle sales; Black Hills Harley-Davidson ranks No. 1 nationally in year-to-date new-bike sales

CHARLOTTE, N.C. and STURGIS, S.D., Sept. 9, 2026 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive and powersports retailers and the only automotive and powersports retailer recognized on Newsweek's 2026 "Most Trustworthy Companies in America" list, today announced that Sonic Powersports set another sales record at the 86th annual Sturgis Motorcycle Rally, selling 1,135 motorcycles. The total included a record 511 new Harley-Davidson motorcycles, securing Black Hills Harley-Davidson as the No. 1 Harley-Davidson dealership in the nation for year-to-date new motorcycle sales.

The achievement was powered by more than 1,200 new and pre-owned, rally-ready motorcycles deployed across Sonic's five Black Hills locations – the largest Harley-Davidson inventory ever assembled for the Rally under Sonic's ownership – and executed through the operational scale of the company's expanded national Harley-Davidson network. The result is a clear operating proof point for Sonic's strategy to build a larger, more connected powersports platform that can offer riders more selection, more access and a stronger guest experience.

"What we accomplished represents far more than another record at the Rally," said David B. Smith, Chairman and Chief Executive Officer of Sonic Automotive. "It validates the strategy behind the platform we are building: expanding our Harley-Davidson footprint, investing in the selection riders want, and giving our teammates the scale and support to execute at the highest level. We are seeing that strategy create a differentiated experience for riders and real momentum for Sonic Powersports."

"The annual Sturgis Motorcycle Rally is one of the most iconic gatherings in motorcycling – an event our customers, dealers and employees look forward to every year – and this year was a tremendous success," said Jonathan Root, Chief Financial and Commercial Officer of Harley-Davidson. "Sonic Powersports helped deliver the kind of unmatched Harley-Davidson customer experience that makes the Rally so special, bringing the scale, selection and commitment it takes to serve riders at the highest level."

2026 Sturgis Motorcycle Rally: Key Facts

• Record retail performance: 1,135 new and pre-owned motorcycles sold, Sonic Powersports' highest Rally sales volume to date.
• Record new-motorcycle sales: 511 new Harley-Davidson motorcycles sold during the Rally.
• Sturgis Harley-Davidson: 348 new and pre-owned motorcycles sold, a dealership record; the location began selling motorcycles only one year ago.
• Rally operating scale: More than 550 Sonic Powersports teammates deployed across five Black Hills locations to support the Rally experience.

"Sturgis is the Super Bowl of motorcycle retail, and our team came ready to compete," said Jeff Dyke, President of Sonic Automotive. "We brought more motorcycles, more teammates and more resources to the Black Hills than ever before. Riders found the selection, the people and the experience they were looking for. The outcome was another record — and more proof of what this growing platform can do."

A National Harley-Davidson Platform Built to Serve Riders

Sonic Powersports continues to be the fastest-growing powersports retailer in the country, with a national Harley-Davidson platform that now spans 20 rooftops and 46 franchises, including 13 Harley-Davidson locations: nine full-service Harley-Davidson dealerships and four Harley-Davidson retail locations focused on apparel and accessories. The network includes Black Hills Harley-Davidson and Sturgis Harley-Davidson in South Dakota, and Mancuso Harley-Davidson and Horny Toad Harley-Davidson in Texas. The 2026 additions included San Diego Harley-Davidson, Falcon's Fury Harley-Davidson in Conyers, Georgia, Space Coast Harley-Davidson in Palm Bay, Florida, Treasure Coast Harley-Davidson in Stuart, Florida, and Raging Bull Harley-Davidson in Durham, North Carolina, extending Sonic's reach in some of the country's most active riding markets and strengthening its ability to serve riders well beyond the Rally.

For more information about Sturgis Harley-Davidson, visit SturgisHD.com. To explore the Sonic Powersports network, visit SonicPowersports.com. Investors can find company information and filings at ir.sonicautomotive.com.

About Sonic Powersports

Sonic Powersports is the powersports division of Sonic Automotive, Inc. and continues to be the fastest-growing powersports retailer in the country. The platform operates 20 rooftops nationwide, representing 46 franchises and premium powersports brands, including Harley-Davidson, Kawasaki, BRP, Polaris, Honda, Suzuki, BMW Motorrad, Yamaha, Ducati and Indian Motorcycle. Sonic Powersports serves riders through new and pre-owned motorcycle sales, parts, service, authentic merchandise, and community experiences.

About Sonic Automotive

For more than 60 years, Sonic Automotive has pursued a single purpose: to deliver an experience for guests and teammates that fulfills dreams, enriches lives and delivers happiness. Founded in 1966 by Bruton Smith, Sonic Automotive today has more than 11,000 teammates across 173 automotive and powersports franchises in 145 locations, representing 24 automotive and 15 powersports brands.

Sonic Automotive was the only automotive and powersports retailer selected for Newsweek's 2026 Most Trustworthy Companies in America list. The company has helped more than 7 million guests purchase vehicles, delivered more than 40 million service experiences and earned more than 1 million five-star reviews by consistently putting people first.

Sonic Automotive. Driven By People. Inspired By Purpose. Learn more at SonicAutomotive.com and ir.sonicautomotive.com.

Contacts

Investor Inquiries: Heath Byrd, Executive Vice President and Chief Financial Officer; Danny Wieland, Vice President, Investor Relations | ir@sonicautomotive.com
Media Inquiries: Sonic Automotive Media Relations | media.relations@sonicautomotive.com 

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SOURCE Sonic Automotive

Newsweek's 2026 Most Trustworthy Company Honoree Strengthens Sonic's Northern California Presence and Expands Its Porsche Portfolio to Six Dealerships

CHARLOTTE, N.C., Aug. 27, 2026 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive and powersports retailers and a recipient of Newsweek's 2026 Most Trustworthy Companies in America recognition, today announced the acquisition of Porsche Walnut Creek, further expanding its presence in the Bay Area market.

This acquisition advances Sonic Automotive's investment in luxury automotive retail and strengthens its relationship with the Porsche brand. Porsche Walnut Creek serves Walnut Creek, the East Bay, and the greater San Francisco Bay Area, and is located in one of Northern California's most desirable automotive markets, where clients expect performance, personalization, convenience, and exceptional care.

Previously operated by Fletcher Jones Automotive Group, Porsche Walnut Creek is located at 2555 N. Main Street in Walnut Creek, California, ideally situated off the 680 Freeway. The dealership is known for its boutique guest experience, and this acquisition complements that legacy with Sonic Automotive's reputation for delivering world-class guest experiences.

"The Bay Area is one of the most important luxury automotive markets in the country, and this acquisition reflects our ongoing commitment to expanding in premium, high-performing markets," said David B. Smith, Chairman and Chief Executive Officer of Sonic Automotive, Inc. "Porsche Walnut Creek has an outstanding reputation and a guest experience that aligns perfectly with our vision for the future of luxury automotive retail. We are proud to welcome this dealership and teammates into the Sonic Automotive family."

With the addition of Porsche Walnut Creek, Sonic Automotive now operates six Porsche dealerships nationwide, enhancing its ability to serve Porsche clients and enthusiasts in key luxury markets. This acquisition supports Sonic's broader luxury growth strategy and expands its California portfolio, which includes BMW, Honda, Jaguar, Land Rover, Lexus, Mercedes-Benz, MINI, and Toyota. The company also operates EchoPark Automotive and Harley-Davidson dealerships in the state.

Porsche Walnut Creek offers the full Porsche experience, including new Porsche vehicles, Porsche Certified Pre-Owned vehicles, pre-owned vehicles, factory-trained service, Porsche Genuine Parts, and personalized support throughout the ownership journey. Serving the Walnut Creek community since 2006, the Porsche Center has built its reputation around experienced teammates, long-standing client relationships, and a deep appreciation for the Porsche brand. The team brings decades of combined automotive and German luxury experience across sales, service advising, and technical expertise, including Porsche Certified Gold Technicians.

The acquisition comes at an exciting time for Porsche's SUV portfolio. The Cayenne has long been a cornerstone of the brand, and the Cayenne Electric, the first fully electric version of one of Porsche's most iconic nameplates, is now beginning to arrive. Joining the existing gas and hybrid variants, it further expands customer choice across the Cayenne family and the broader Porsche lineup. For Porsche Walnut Creek, this creates an opportunity to introduce Bay Area clients to a new expression of Porsche performance, versatility, and electric innovation.

Clients will continue to be served by the same dedicated Porsche Walnut Creek team, including General Manager Mike Pardini, who has served clients there for 22 years. A Walnut Creek native, Pardini has deep roots in the community and a long-standing personal connection to the Porsche brand. His father also served clients at Porsche Walnut Creek for 15 years, creating a family legacy tied to the Porsche Center and its clients.

In addition to Porsche Walnut Creek, Sonic Automotive serves automotive and powersports clients in California through its portfolio of dealerships, including Autobahn Motors, Beverly Hills BMW, BMW and MINI of Monrovia, Buena Park Honda, Carson Honda, Concord Honda, Concord Toyota, Crown Lexus, EchoPark Sacramento, Honda of Serramonte, Honda of Stevens Creek, Jaguar Land Rover Beverly Hills, Jaguar Land Rover Newport Beach, Jaguar Land Rover San Jose, Land Rover Pasadena, Land Rover Santa Monica, Lexus of Marin, Lexus of Serramonte, Long Beach BMW, Mercedes-Benz of Calabasas, Mercedes-Benz of Walnut Creek, Poway Honda, San Diego Harley-Davidson, Stevens Creek BMW, and W.I. Simonson Mercedes-Benz.

About Porsche Walnut Creek

Porsche Walnut Creek is an established Porsche Center serving Walnut Creek, the East Bay, and the greater San Francisco Bay Area. The Porsche Center offers new Porsche vehicles, Porsche Certified Pre-Owned vehicles, pre-owned vehicles, factory-trained service, genuine Porsche parts, and personalized support throughout every stage of the Porsche ownership journey. Serving the Walnut Creek community since 2006, Porsche Walnut Creek is committed to delivering an elevated automotive experience defined by performance, expertise, hospitality, convenience, and long-term client relationships. Find out more at porschewalnutcreek.com.

About Sonic Automotive

For more than 60 years, Sonic Automotive has pursued a single purpose: to deliver an experience for our guests and our teammates that fulfills dreams, enriches lives, and delivers happiness. We don't simply sell and service vehicles. We help people pursue their dreams, whether it's a guest purchasing their first vehicle, a family creating lifelong memories, or a teammate building a meaningful career.

Founded in 1966 by Bruton Smith, the company has grown into a Fortune 300 company under the leadership of Chairman and CEO David B. Smith. Today, more than 11,000 teammates bring the company's purpose to life across a nationwide network of 173 automotive and powersports franchises in 145 locations in 90 cities and 21 states. We are proud to represent 24 automotive and 15 powersports brands and have helped more than 7 million guests purchase vehicles, delivered over 40 million service experiences, and earned more than 1 million 5-star reviews by consistently putting people first.

At Sonic Automotive, we believe trust isn't claimed — it's earned through transparency, consistency, integrity, and genuine care. That's why we were the only automotive and powersports retailer recognized by Newsweek as one of America's Most Trustworthy Companies in 2026. As the automotive and powersports industries continue to evolve, our mission remains constant: to innovate, lead with integrity, and create exceptional experiences that inspire confidence, build lifelong relationships, and positively impact every life we touch.

Sonic Automotive. Driven By People. Inspired By Purpose. For more information, visit www.sonicautomotive.com and ir.sonicautomotive.com.

Sonic Automotive Press Inquiries
Sonic Automotive Media Relations
media.relations@sonicautomotive.com

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SOURCE VML

CHARLOTTE, N.C., August 25, 2026 – Sonic Automotive, Inc. (NYSE: SAH), one of the nation’s largest automotive and powersports retailers and a recipient of Newsweek’s 2026 “Most Trustworthy Companies in America” award, today announced the renaming of two premier dealerships to Jaguar Beverly Hills and Land Rover Beverly Hills. Jaguar Beverly Hills and Land Rover Beverly Hills are among Sonic Automotive’s 11 Jaguar Land Rover dealerships nationwide and 14 automotive and powersports dealerships serving the Southern California area.

Formerly known as Jaguar Los Angeles and Land Rover Los Angeles, the new names represent more than a change in identity. This transition reinforces their position as the only Jaguar and Land Rover retailer serving Beverly Hills, solidifying the company’s commitment to delivering a client experience worthy of the Beverly Hills name, an internationally recognized destination for luxury, design, culture, and exceptional hospitality.

The transition arrives at a pivotal moment for the Jaguar and Land Rover brands. Jaguar is preparing for a bold new era of all-electric luxury, previewed by the dramatic Type 00 design vision and brought closer to production through the forthcoming Type 01 four-door electric GT. Range Rover continues to define modern luxury with the all-new Range Rover Electric and Range Rover SV Ultra. Defender is building on its legendary capability with Defender OCTA, the most powerful and capable Defender ever produced, while Discovery continues to deliver versatile, family-focused vehicles.

Featuring this array of highly desirable brands, Jaguar Beverly Hills and Land Rover Beverly Hills will provide a world-class home in one of the globe's most influential luxury markets.

"Beverly Hills is one of the most iconic destinations in the world, and these new dealership names more accurately reflect the world-class experience our teammates deliver," said David B. Smith, Chairman and Chief Executive Officer of Sonic Automotive. "The transition to Jaguar Beverly Hills and Land Rover Beverly Hills is a statement about our position as the official Jaguar and Land Rover retailer serving Beverly Hills, the brand standards we uphold, and our commitment to creating exceptional automotive retail experiences worthy of this extraordinary market."

Building upon their established foundations, Land Rover Beverly Hills will continue to offer clients the iconic Range Rover, Defender, and Discovery portfolios, while Jaguar Beverly Hills showcases the brand’s distinctive approach to modern luxury, design, and performance. Across both brands, the focus remains on delivering highly personalized service, elevated hospitality, and effortless convenience.

Clients will continue to be served by the same dedicated dealership teammates, with access to factory-trained service technicians, genuine parts, and personalized support throughout the ownership journey. Clients can experience the luxury experience at Jaguar Beverly Hills and Land Rover Beverly Hills in person at 400 S. La Brea Avenue, Los Angeles, CA 90036, or online at jaguarbeverlyhills.com and landroverbeverlyhills.com.

In addition to Jaguar Beverly Hills and Land Rover Beverly Hills, Sonic Automotive serves luxury automotive clients in Southern California through a portfolio of premier dealerships, including Beverly Hills BMW, BMW and MINI of Monrovia, Crown Lexus, Jaguar Land Rover Newport Beach, Land Rover Pasadena, Land Rover Santa Monica, Long Beach BMW, Mercedes-Benz of Calabasas, and W.I. Simonson Mercedes-Benz. Together, these dealerships reflect Sonic Automotive's commitment to delivering exceptional luxury ownership experiences across many of the world's most respected luxury automotive brands.

About Jaguar Beverly Hills

Jaguar Beverly Hills is a premier luxury automotive retailer serving Beverly Hills, Los Angeles, and the surrounding Southern California communities. The dealership offers Jaguar vehicles, factory-trained service, genuine parts, and personalized support throughout every stage of vehicle ownership. Jaguar Beverly Hills is committed to delivering a distinctive luxury automotive experience defined by modern design, performance, exceptional hospitality, and attention to detail. Find out more at jaguarbeverlyhills.com.

About Land Rover Beverly Hills

Land Rover Beverly Hills is a premier luxury automotive retailer serving Beverly Hills, Los Angeles, and the surrounding Southern California communities. The dealership offers the complete portfolio of Range Rover, Defender, and Discovery vehicles, along with factory-trained service, genuine parts, and personalized support throughout every stage of vehicle ownership. Land Rover Beverly Hills is committed to delivering an elevated automotive experience defined by exceptional hospitality, attention to detail, and long-term client relationships. Find out more at landroverbeverlyhills.com.

About Sonic Automotive

For more than 60 years, Sonic Automotive has pursued a single purpose: to deliver an experience for our guests and our teammates that fulfills dreams, enriches lives, and delivers happiness. We don’t simply sell and service vehicles. We help people pursue their dreams, whether it’s a guest purchasing their first vehicle, a family creating lifelong memories, or a teammate building a meaningful career.

Founded in 1966 by Bruton Smith, the company has grown into a Fortune 300 company under the leadership of Chairman and CEO David B. Smith. Today, more than 11,000 teammates bring the company’s purpose to life across a nationwide network of 173 automotive and powersports franchises in 145 locations in 90 cities and 21 states. We are proud to represent 24 automotive and 15 powersports brands and have helped more than 7 million guests purchase vehicles, delivered over 40 million service experiences, and earned more than 1 million 5-star reviews by consistently putting people first.

At Sonic Automotive, we believe trust isn’t claimed – it’s earned through transparency, consistency, integrity, and genuine care. That’s why we were the only automotive and powersports retailer recognized by Newsweek as one of America’s Most Trustworthy Companies in 2026. As the automotive and powersports industries continue to evolve, our mission remains constant: to innovate, lead with integrity, and create exceptional experiences that inspire confidence, build lifelong relationships, and positively impact every life we touch.

Sonic Automotive. Driven By People. Inspired By Purpose. For more information, visit www.sonicautomotive.com and ir.sonicautomotive.com.

Expanding to one of North Houston's fastest-growing communities, the new location celebrates with a public open house and a youth baseball equipment drive dedicated to supporting local families

CHARLOTTE, N.C., Aug. 6, 2026 /PRNewswire/ -- EchoPark Automotive, a subsidiary of Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive and powersports retailers, and recipient of Newsweek's 2026 "Most Trustworthy Companies in America" award, announced the recent opening of its relocated North Houston dealership, now serving guests from its new, state-of-the-art facility at 18310 North Freeway in Houston, Texas. The move expands EchoPark's presence in one of the region's fastest-growing communities, bringing its signature car-buying experience closer to residents in Spring, The Woodlands, and the greater North Houston area. The new EchoPark North Houston location complements the company's EchoPark Houston Southwest Freeway location, providing two convenient Houston locations among the company's six locations serving the state of Texas.

To celebrate its new home, EchoPark will host a community open house on Wednesday, September 2, from 3 p.m. to 6 p.m., featuring special guest and baseball legend Roger Clemens. In partnership with the Astros Foundation and the Roger Clemens Foundation, the event will include a baseball equipment drive and culminate with the presentation of a vehicle to a deserving Houston-area Little League coach in recognition of their extraordinary impact on young athletes. This celebration reflects EchoPark and Sonic Automotive's commitment to strengthening the communities they serve.

"Our continued investment in the Houston market is a direct reflection of our commitment to delivering an exceptional guest experience where our guests live and work," said David B. Smith, Chairman and Chief Executive Officer of Sonic Automotive. "Spring is a vibrant, expanding community, and this new location is a natural next step for EchoPark. We believe in being deeply rooted in our communities, and we are excited to celebrate the opening of this new location by partnering with the Astros Foundation and Roger Clemens Foundation to serve youth sports."

The new EchoPark North Houston location offers a more convenient destination for guests to experience the brand's signature hassle-free approach. EchoPark is known for its high-quality, nearly new vehicles, which undergo a rigorous 190-point inspection. With prices up to $3,000 less than the competition and a commitment to paying up to $2,000 more for vehicles purchased from customers, EchoPark has earned a five-star review from 93% of its guests.

"This move is all about our guests," said Jeff Dyke, President of Sonic Automotive. "We're bringing EchoPark's value, quality, and industry-leading experience closer to our customers in Spring and The Woodlands. The same team our guests know and trust has moved to a more convenient location, and our guests can walk through our doors knowing they will continue to receive the transparent and welcoming experience that defines the EchoPark brand."

The dealership's dedicated team has officially relocated and is now welcoming guests to the new location at 18310 North Freeway, Houston, Texas 77090. This move ensures a seamless transition for all guests, who can also shop for their next vehicle online anytime at EchoPark.com.

About EchoPark Automotive 

EchoPark Automotive is a leading retailer of nearly new vehicles. With a focus on providing an exceptional guest experience, EchoPark offers a simple, transparent, and hassle-free way to buy and sell cars. Every vehicle undergoes a 190-point inspection and comes with a free CarFax report. EchoPark's pricing model ensures guests get a great deal on high-quality, low-mileage vehicles, consistently earning the brand top customer satisfaction ratings. EchoPark Automotive is a subsidiary of Sonic Automotive, Inc. Learn more at EchoPark.com.

About Sonic Automotive

For more than 60 years, Sonic Automotive has pursued a single purpose: to deliver an experience for our guests and our teammates that fulfills dreams, enriches lives, and delivers happiness. We don't simply sell and service vehicles. We help people pursue their dreams, whether it's a guest purchasing their first vehicle, a family creating lifelong memories, or a teammate building a meaningful career.

Founded in 1966 by Bruton Smith, the company has grown into a Fortune 300 company under the leadership of Chairman and CEO David B. Smith. Today, more than 11,000 teammates bring the company's purpose to life across a nationwide network of 173 automotive and powersports franchises in 145 locations in 90 cities and 21 states. We are proud to represent 24 automotive and 15 powersports brands and have helped more than 7 million guests purchase vehicles, delivered over 40 million service experiences, and earned more than 1 million 5-star reviews by consistently putting people first.

At Sonic Automotive, we believe trust isn't claimed – it's earned through transparency, consistency, integrity, and genuine care. That's why we were the only automotive and powersports retailer recognized by Newsweek as one of America's Most Trustworthy Companies in 2026. As the automotive and powersports industries continue to evolve, our mission remains constant: to innovate, lead with integrity, and create exceptional experiences that inspire confidence, build lifelong relationships, and positively impact every life we touch.

Sonic Automotive. Driven By People. Inspired By Purpose. For more information, visit www.sonicautomotive.com and ir.sonicautomotive.com. 

Sonic Automotive Press Inquiries
Sonic Automotive Media Relations
media.relations@sonicautomotive.com

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SOURCE EchoPark Automotive

EchoPark Segment Retail Unit Sales Volume Increased 17% Year-Over-Year, Driving Second Quarter Record Segment Gross Profit

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” “we,” “us” or “our”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the second quarter ended June 30, 2026.

Second Quarter 2026 Financial Summary

• Second quarter total revenues of $3.9 billion, up 8% year-over-year; second quarter record total gross profit of $616.2 million, up 2% year-over-year
• Reported net income in the second quarter was $57.4 million, up 226% year-over-year ($1.79 earnings per diluted share, up 234% year-over-year)
  • Adjusted net income^* for the second quarter of 2026 was $58.3 million, down 23% year-over-year ($1.82 adjusted earnings per diluted share^*, down 17% year-over-year)
• Total reported selling, general and administrative (“SG&A”) expenses as a percentage of gross profit of 72.2% (71.9% on a Franchised Dealerships Segment basis, 73.4% on an EchoPark Segment basis, and 73.5% on a Powersports Segment basis)
  • Total adjusted SG&A expenses as a percentage of gross profit^* of 72.0% (71.7% on a Franchised Dealerships Segment basis, 73.4% on an EchoPark Segment basis, and 73.5% on a Powersports Segment basis)
• EchoPark Segment revenues of $582.9 million, up 15% year-over-year; second quarter record EchoPark Segment total gross profit of $64.3 million, up 4% year-over-year; EchoPark Segment retail used vehicle unit sales volume of 19,601, up 17% year-over-year
• Reported EchoPark Segment income of $7.2 million, as compared to $11.7 million in the prior year period, a 38% decrease year-over-year
  • Adjusted EchoPark Segment income^* of $7.2 million, as compared to $10.9 million in the prior year period, a 34% decrease year-over-year
• EchoPark Segment adjusted EBITDA^* of $13.9 million, as compared to $16.4 million in the prior year period, down 15% year-over-year
• Previously announced acquisition of Space Coast Harley-Davidson, Treasure Coast Harley-Davidson, Falcons Fury Harley-Davidson, Raging Bull Harley-Davidson, and San Diego Harley-Davidson in April 2026 is expected to add approximately $100 million in annualized revenue to Sonic's Powersports Segment
• Sonic’s Board of Directors approved a quarterly cash dividend of $0.41 per share, payable on October 15, 2026 to all stockholders of record on September 15, 2026

* Represents a non-GAAP financial measure — please refer to the discussion and reconciliation of non-GAAP financial measures below.

Commentary

David Smith, Chairman and Chief Executive Officer of Sonic Automotive, stated, “Our second quarter performance reflects the strength of Sonic’s diversified business model and the commitment of our teammates across the organization. We generated second quarter record consolidated revenues of $3.9 billion and all-time record quarterly gross profit of $616.2 million, driven by growth across our diversified operating segments. EchoPark delivered double-digit unit volume growth and second quarter record gross profit, while Powersports achieved record second quarter revenue and gross profit. Our latest results and outlook reaffirm our commitment to investing in differentiated platforms that broaden our earnings base and position Sonic to create sustainable long-term value for our stockholders.”

Jeff Dyke, President of Sonic Automotive, commented, “Our teams executed well in a quarter that included difficult year-over-year comparisons and a challenging consumer affordability backdrop. Our continued focus on opportunities in our used vehicle and fixed operations businesses led to our Franchised Dealerships segment delivering strong used vehicle volume growth and all-time record quarterly fixed operations gross profit, along with second quarter record F&I gross profit. At EchoPark, retail used vehicle volume increased 17% year-over-year, driving revenue and gross profit growth despite lower total gross profit per unit. We remain focused on improving our inventory sourcing mix, optimizing F&I performance, and positioning EchoPark for disciplined footprint expansion beginning in the fourth quarter of 2026.”

Heath Byrd, Chief Financial Officer of Sonic Automotive, added, “We ended the quarter with approximately $294 million of cash and floor plan deposits and approximately $676 million of total available liquidity resources. Our balance sheet and liquidity position provide the flexibility to fund our existing operations, support targeted growth investments and return capital to stockholders. We will continue to apply a disciplined approach to capital allocation, balancing strategic acquisitions, organic investment and share repurchases as opportunities arise and market conditions evolve.”

Second Quarter 2026 Segment Highlights

The financial measures discussed below are results for the second quarter of 2026 with comparisons made to the second quarter of 2025, unless otherwise noted.

• Franchised Dealerships Segment operating results include:
  • Same store revenues up 2%; same store gross profit down 3%
  • Same store retail new vehicle unit sales volume was flat; same store retail new vehicle gross profit per unit down 16%, to $2,872
  • Same store retail used vehicle unit sales volume up 7%; same store retail used vehicle gross profit per unit down 13%, to $1,401
  • Same store parts, service and collision repair (“Fixed Operations”) gross profit up 2%; same store customer pay gross profit up 1%; same store warranty gross profit up 3%; same store Fixed Operations gross profit margin down 30 basis points, to 51.0%
  • Same store finance and insurance (“F&I”) gross profit down 1%; same store F&I gross profit per retail unit of $2,619, down 4%
  • On a trailing quarter cost of sales basis, the Franchised Dealerships Segment had 56 days’ supply of new vehicle inventory (including in-transit) and 35 days’ supply of used vehicle inventory
• EchoPark Segment operating results include:
  • Revenues of $582.9 million, up 15%; gross profit of $64.3 million, up 4%
  • Retail used vehicle unit sales volume of 19,601, up 17%
  • Quarterly reported segment income of $7.2 million, quarterly adjusted segment income^* of $7.2 million, and quarterly adjusted EBITDA^* of $13.9 million
  • On a trailing quarter cost of sales basis, the EchoPark Segment had 47 days’ supply of used vehicle inventory
• Powersports Segment operating results include:
  • Second quarter record revenues of $73.5 million, up 53%; second quarter record gross profit of $19.7 million, up 58%
  • Segment income of $2.3 million, compared to breakeven in the prior year period, and adjusted EBITDA* of $4.9 million, a 145% improvement from adjusted EBITDA^* of $2.0 million in the prior year period

* Represents a non-GAAP financial measure — please refer to the discussion and reconciliation of non-GAAP financial measures below.

Dividend

Sonic’s Board of Directors approved a quarterly cash dividend of $0.41 per share, payable on October 15, 2026 to all stockholders of record on September 15, 2026.

Second Quarter 2026 Earnings Conference Call

Senior management will hold a conference call today at 11:00 A.M. (Eastern). Investor presentation and earnings press release materials will be accessible beginning prior to 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. For telephone access to this conference call, please dial (877) 407-8289 (domestic) or +1 (201) 689-8341 (international) and ask to be connected to the Sonic Automotive Second Quarter 2026 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

For more than 60 years, Sonic Automotive has pursued a single purpose: to deliver an experience for our guests and our teammates that fulfills dreams, enriches lives, and delivers happiness. We don’t simply sell and service vehicles. We help people pursue their dreams, whether it’s a guest purchasing their first vehicle, a family creating lifelong memories, or a teammate building a meaningful career.

Founded in 1966 by Bruton Smith, the company has grown into a Fortune 300 company under the leadership of Chairman and CEO David B. Smith. Today, more than 11,000 teammates bring the company’s purpose to life across a nationwide network of 173 automotive and powersports franchises in 145 locations in 90 cities and 21 states. We are proud to represent 24 automotive and 15 powersports brands and have helped more than 7 million guests purchase vehicles, delivered over 40 million service experiences, and earned more than 1 million 5-star reviews by consistently putting people first.

At Sonic Automotive, we believe trust isn’t claimed – it’s earned through transparency, consistency, integrity, and genuine care. That’s why we were the only automotive and powersports retailer recognized by Newsweek as one of America’s Most Trustworthy Companies in 2026. As the automotive and powersports industries continue to evolve, our mission remains constant: to innovate, lead with integrity, and create exceptional experiences that inspire confidence, build lifelong relationships, and positively impact every life we touch.

Sonic Automotive. Driven By People. Inspired By Purpose. For more information, visit www.sonicautomotive.com and ir.sonicautomotive.com.

Forward-Looking Statements

Included herein are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements address our future objectives, plans and goals, as well as our intent, beliefs and current expectations regarding future operating performance, results and events, and can generally be identified by words such as “may,” “will,” “should,” “could,” “believe,” “expect,” “estimate,” “anticipate,” “intend,” “plan,” “foresee” and other similar words or phrases. You should not place undue reliance on these statements, and you are cautioned that these forward-looking statements are not guarantees of future performance. 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, the effects of tariffs on vehicle and parts pricing and supply, the effects of tariffs on consumer demand, economic conditions in the markets in which we operate, supply chain disruptions and manufacturing delays, labor shortages, the impacts of inflation and changes in interest rates, new and used vehicle industry sales volume, future levels of consumer demand for new and used vehicles, anticipated future growth in each of our operating segments, the success of our operational strategies and investment in new technologies, the rate and timing of overall economic expansion or contraction, the integration of acquisitions, cybersecurity incidents and other disruptions to our information systems, and the risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and other reports and information filed with the United States 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. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.

Non-GAAP Financial Measures

This press release and the attached financial tables contain certain non-GAAP financial measures as defined under SEC rules, such as adjusted net income, adjusted earnings per diluted share, adjusted SG&A expenses, adjusted SG&A expenses as a percentage of gross profit, adjusted segment income (loss), and adjusted EBITDA (loss). As required by SEC rules, the Company has provided reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures in the schedules included in this press release. The Company believes that these non-GAAP financial measures improve the transparency of the Company’s disclosures and provide a meaningful presentation of the Company’s results.