Sonic Automotive, Inc. · NYSE:SAH
Sonic Automotive — Corporate Update (June 2020)
10 slides from Sonic Automotive's corporate update, Jun 16, 2020
Slide 1: Sonic Automotive And EchoPark Continue To See Stronger Than Expected Recovery
Exhibit 99.1 Sonic Automotive And EchoPark Continue To See Stronger Than Expected Recovery Updated Guidance Reflects Improved Consumer Demand And Enhanced Profitability CHARLOTTE, N.C. – June 16, 2020 - Sonic Automotive Inc. (“Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automoti
Slide 2: About Sonic Automotive and EchoPark; Forward-Looking Statements
About Sonic Automotive Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is one of the nation’s largest automotive retailers. Sonic can be reached on the web at www.sonicautomotive.com. About EchoPark Automotive EchoPark Automotive is a growing operating segment withi
Slide 3: Sonic Automotive – Update On COVID-19 Impact On 2020 Outlook
Sonic Automotive – Update On COVID-19 Impact On 2020 Outlook Updated June 16, 2020
Slide 4: Forward-Looking Statements
Forward-Looking Statements This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events, are not historical facts and are based on our current expectations and assumptions regarding our bu
Slide 5: Update On COVID-19 Impact 2020 Outlook
UPDATE ON COVID-19 IMPACT 2020 OUTLOOK 3
Slide 6: Franchised New Vehicles
Outlook – Franchised New Vehicles Franchised Dealerships New Vehicle Unit Sales Volume 14,000 12,000 Production Constraints Driving Inventory Shortages In Certain Makes/Models In Q3 10,000 8,000 Back To Original Forecast in Q4 6,000 4,000 May Actuals 18% Better Than Previous Forecast 2,000 - Jan Feb
Slide 7: Franchised Used Vehicles
Outlook – Franchised Used Vehicles Franchised Dealerships Retail Used Vehicle Unit Sales Volume 14,000 12,000 Above Original Forecast August Through December 10,000 8,000 Back To Original Forecast in July 6,000 May Actuals 13% Better 4,000 Than Previous Forecast 2,000 - Jan Feb Mar Apr May Jun Jul A
Slide 8: EchoPark Used Vehicles
Outlook – EchoPark Used Vehicles EchoPark Retail Used Vehicle Unit Sales Volume 8,000 Above Original Forecast in July Through December 7,000 Back To Original Forecast in June 6,000 5,000 4,000 3,000 May Actuals 6% Better 2,000 Than Previous Forecast 1,000 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct No
Slide 9: Franchised Fixed Operations
Outlook – Franchised Fixed Operations Franchised Dealerships Fixed Operations Gross Profit $ $70,000 In Line With Original Forecast In Q4 $60,000 $50,000 Back To Original Forecast in September $40,000 (In Thousands) $30,000 May Actuals In Line With Previous Forecast $20,000 $10,000 $- Jan Feb Mar Ap
Slide 10: Investor Relations Contact
Investor Relations Contact: Sonic Automotive Inc. (NYSE: SAH) KCSA Strategic Communications Danny Wieland, Director of Financial Reporting David Hanover / Scott Eckstein ir@sonicautomotive.com sonic@kcsa.com (704) 927-3462 (212) 896-1220