16hon MSN
Sonic outlines $10M-$20M brand marketing increase while board approves $500M buyback authorization
Q1 2026 Management View "Sonic Automotive reported first quarter financial results, including record first quarter total revenues of $3.7 billion" and "record first quarter total gross profit of $598.
Q1 2026 earnings call recap: digital revenue hits 48%, EBITDA +45%, FCF positive; AI licensing & LocaliQ outlook.
On subscribers, Witz said “performance in the quarter was strong” and highlighted “self-pay net additions to negative 111,000… Churn remained a standout, improving to 1.5% despite our February price ...
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