Sonic automotive reports fourth quarter and full year financial results

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 fourth quarter and fiscal year ended december 31, 2023. fourth quarter 2023 financial summary total revenues of $3.6 billion, flat year-over-year; total gross profit of $541.1 million, down 6% year-over-year reported net income of $38.7 million ($1.11 earnings per diluted.
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