Sonic automotive reports record third quarter revenues

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 third quarter ended september 30, 2023. third quarter 2023 financial summary record third quarter revenues of $3.6 billion, up 6% year-over-year; gross profit of $582.2 million, flat year-over-year reported third quarter net income of $68.4 million, down 22% year-over-year.
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