Sonic Automotive Provides Update To 2020 Outlook

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May 19, 2020
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Sonic+Automotive+Inc. (“Sonic” or the “Company”) (NYSE:SAH, Financial), one of the nation’s largest automotive retailers, today provided an updated outlook on anticipated vehicle sales volume and parts and service gross profit for the remainder of 2020. The information included in the presentation prepared by Sonic that updates such outlook and accompanies this press release is an update to the anticipated outlook information previously provided by Sonic on April 29, 2020, which can be found at ir.sonicautomotive.com. This updated guidance is based on Sonic’s actual, but unaudited, results in April and May month to date as well as the Company’s current expectations for the remainder of the year.