Sonic Automotive, Inc. (SAH) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.177 Good morning and welcome to the Sonic Automotive first quarter 2025 earnings conference 00:00:04.177 -- 00:00:09.882 call. This conference call is being recorded today, Thursday, April 24th, 2025. 00:00:10.125 -- 00:00:14.671 Presentation materials which accompany management's discussion on the conference call 00:00:14.671 -- 00:00:19.615 can be accessed at the company's website at ir.sonicautomotive.com. 00:00:20.659 -- 00:00:24.945 At this time, I would like to refer to the safe harbor statement under the Private Securities 00:00:24.945 -- 00:00:27.655 and Litigation Reform Act of 1995. 00:00:27.655 -- 00:00:31.921 During this conference call, management may discuss financial projections, information 00:00:31.921 -- 00:00:36.648 or expectations about the company's products or market or otherwise make statements about 00:00:36.648 -- 00:00:41.034 the future. Such statements are forward-looking and subject to a number of risks and 00:00:41.034 -- 00:00:44.980 uncertainties that could cause actual results to differ materially from the statements 00:00:44.980 -- 00:00:49.987 made. These risks and uncertainties are detailed in the company's filings with the Securities 00:00:49.987 -- 00:00:54.574 and Exchange Commission. In addition, management may discuss certain non-GAAP financial 00:00:54.574 -- 00:00:58.148 measures as defined by the Securities and Exchange Commission. 00:00:58.148 -- 00:01:03.193 Please refer to the non-GAAP reconciliation tables in the company's current report on 00:01:03.193 -- 00:01:07.418 Form 8K, filed with the Securities and Exchange Commission earlier today. 00:01:07.418 -- 00:01:12.042 I would now like to introduce Mr. David Smith, Chairman and Chief Executive Officer of 00:01:12.042 -- 00:01:17.368 Sonic...