Sonic Automotive Inc at Bank of America Global Automotive Virtual Summit Transcript
Welcome back, everybody. Sorry, we had a little bit of a technical difficulty on our end, so I apologize for the delay.
Next up, we're very happy to have Sonic Automotive, one of the largest vehicle retailers in the United States. Management made a commitment to streamlining ops digitally in dealerships as well as establishing EchoPark, a stand-alone used vehicle business long before it was in vogue as it is now. It has taken some time to get these efforts off the ground, but they are really starting to roll and lift, especially at EchoPark. And Sonic has been outperforming on a traditional basis as the industry has gone through a constrained supply environment that's actually led to favorable macro dynamics, but has also executed incredibly well to take advantage of that environment.
Today, we are very happy to have Jeff Dyke, President; and Danny Wieland, Vice President of Investor Relations and Financial Reporting. I really appreciate you guys joining us today, and thank you so much for
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
