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July 29 , 2021 Sonic Automotive Sonic Automotive Reports All - Time Record Quarterly Revenues and Earnings Per Share Record Second Quarter Results Driven By Strong Franchised Dealership Performance Across All Business Lines Fourth Consecutive Quarter of Record EchoPark Revenues and Retail Unit Sales Volume EchoPark Announces Plans To Achieve 2 Million Vehicle Sales Annually At Maturity Board Announces Review of Strategic Alternatives for EchoPark Business CHARLOTTE , N.C .-- ( BUSINESS WIRE ) -- Sonic Automotive , Inc. ( " Sonic " or the " Company " ) ( NYSE : SAH ) , one of the nation's largest automotive retailers , today reported financial results for the second quarter and six months ended June 30 , 2021 . Key Highlights All - time record quarterly revenues of $ 3.4 billion , up 58.7 % year - over - year • All - time record quarterly income from continuing operations before taxes of $ 151.0 million , up 303.4 % year - over - year • All - time record quarterly earnings from continuing operations of $ 114.0 million ( $ 2.63 per diluted share ) • All - time record quarterly selling , general and administrative ( “ SG & A " ) expenses as a percentage of gross profit of 62.8 % • All - time record quarterly Adjusted EBITDA margin * of 5.7 % , up 220 basis points year over - year • All - time record quarterly total Finance & Insurance ( “ F & I ” ) gross profit per retail unit of $ 2,214 , up 13.8 % year - over - year • All - time record quarterly EchoPark revenues of $ 595.6 million , up 88.9 % year - over year • All - time record quarterly EchoPark retail sales volume of 21,261 , up 61.0 % year - over year Commentary David Smith , Sonic's and EchoPark's Chief Executive Officer , commented , " During the second quarter , our team continued to execute at a high level , driving record performance in our franchised dealerships and a fourth consecutive quarter of record revenue and retail unit sales volume for our EchoPark business . Given the increasing consumer demand we've experienced , our success in maximizing operating efficiency at our franchised dealerships and continued expansion of the EchoPark brand , we believe we can sustain our strong operating performance throughout the balance of 2021 and well into 2022. Longer - term ,