Automotive Business Review (Free subscription) | 10/30/2008
Sonic Automotive, an automotive retailer, has reported a net loss of $25.35 million, or $0.57 per diluted share, for the third quarter of 2008, compared to net income of $26.11 million, or $0.58 per diluted share, in the same quarter of 2007.
The Charlotte Business Journal (Free subscription) | 10/28/2008
Sonic Automotive Inc. reports a third-quarter net loss of $25.3 million, or 57 cents per diluted share. In the same period last year, the Charlotte-based automotive retailer earned $26.1 million, or 58 cents per diluted share. (SAH)
PR News Wire (Free subscription) | 10/28/2008
CHARLOTTE, N.C., Oct. 28 /PRNewswire-FirstCall/ -- Sonic Automotive, Inc. (NYSE: ), a leader in automotive retailing, today announced a third quarter 2008 loss from continuing operations of $11.4 million, or $0.24 per diluted share, compared to earnings of $30.9 million, or $0.68 per diluted share, in the prior year period. Included in the current quarter's results from continuing operations is an...
PR News Wire (Free subscription) | 10/14/2008
HOUSTON, Oct. 14 /PRNewswire-FirstCall/ -- The Mint Leasing, Inc. (OTC Bulletin Board: MLES), a provider of innovative vehicle leasing solutions, today announced that it has entered into a dealer agreement with Sonic Automotive, Inc. ("Sonic") that will allow Sonic's customers to take advantage of The Mint Leasing's quality leasing options at Sonic dealerships nationwide. "We are very pleased to...
Auto Channel (Free subscription) | 10/08/2008
The Charlotte Business Journal (Free subscription) | 08/25/2008
Sonic Automotive Inc. Chief Executive Bruton Smith has dropped plans to sell 315,000 shares of the company’s stock after exercising options to buy 450,000 shares. (SAH)
Auto Channel (Free subscription) | 08/25/2008
Business Wire (Free subscription) | 07/30/2008
CHICAGO--(BUSINESS WIRE)--Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now.
Automotive Business Review (Free subscription) | 07/30/2008
Sonic Automotive, an automotive retailer, has announced that its earnings in the second quarter of 2008 from continuing operations were $20.1 million or $0.49 per diluted share, compared to $28.8 million or $0.62 per diluted share in the second quarter of 2007.
Auto Channel (Free subscription) | 07/29/2008
"This quarter's results are in line with our revised earnings target," said President and Chief Strategic Officer B. Scott Smith. "We have seen some improvement in our July business compared to the relatively weak industry experience the entire sector saw in June but the overall market remains challenged. We continue to see the benefit of the automotive retailing model and believe the changes we are...
The Charlotte Business Journal (Free subscription) | 07/29/2008
Sonic Automotive Inc. reports a drop in second-quarter net income to $10.8 million, or 27 cents per diluted share, from $26.4 million, or 57 cents per diluted share, in the year-ago period. (SAH)
The Charlotte Business Journal (Free subscription) | 07/15/2008
Sonic Automotive Inc. is lowering its earnings forecast for the year, citing lower-than-expected sales in the second quarter. (SAH)
Automotive Business Review (Free subscription) | 07/15/2008
Sonic Automotive has revised its earnings target for the year ending December 31, 2008. The company now expects that its diluted earnings per share from continuing operations for the year will be in the range of $1.65 to $1.85.
Auto Channel (Free subscription) | 07/14/2008
The difficult retail market for new and used vehicles resulted in lower-than-anticipated sales volume for the Company in the second quarter of 2008. The Company estimated an annual new vehicle industry sales rate of approximately 15.5 million vehicles for 2008 when establishing its original earnings target for this year. The expected sales rate for vehicles and the parts and service business is now...
Business Wire (Free subscription) | 06/16/2008
CHICAGO--(BUSINESS WIRE)--Zacks Equity Research releases the latest Analyst Interview. Today’s interview is with senior analyst Paul Raman, who discusses Cooper
