What new share repurchase authorization did Sonic Automotive announce?

On April 30, 2026, Sonic’s Board approved an additional $500.0 million share repurchase authorization. Combined with remaining capacity under prior programs, the company now has $528.0 million of unused share repurchase authority available for future buybacks, subject to market conditions.

Sonic Automotive (NYSE: SAH) posts Q1 2026 results, boosts buybacks and dividend

Q: How did Sonic Automotive (SAH) perform financially in Q1 2026?

Sonic Automotive reported Q1 2026 revenue of $3.69 billion , up 1% year-over-year, and gross profit of $598.8 million , up 6%. Reported net income was $60.8 million with diluted EPS of $1.79 , while adjusted net income was $54.9 million and adjusted EPS $1.62 .

Q: How much stock did Sonic Automotive (SAH) repurchase in Q1 2026?

During Q1 2026, Sonic repurchased approximately 2.1 million shares of its Class A common stock for an aggregate $135.7 million . This buyback represented about a 6% reduction in outstanding shares compared with December 31, 2025 , significantly shrinking the equity base.

Q: What was Sonic Automotive’s liquidity position as of March 31, 2026?

As of March 31, 2026 , Sonic Automotive held approximately $381 million in cash and floor plan deposits, with total liquidity of about $770 million . This liquidity supports ongoing operations, capital investments and the company’s share repurchase and dividend programs.

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Sonic Automotive reported first quarter 2026 results showing modest growth in sales and stronger performance at key segments. Total revenue reached $3.69 billion, up 1% year-over-year, while gross profit rose 6% to $598.8 million, reflecting better mix and higher profitability in parts, service and finance operations.

Reported net income was $60.8 million, down 14%, or $1.79 per diluted share, largely against a prior year that included sizeable cyber insurance gains. On an adjusted basis, net income rose to $54.9 million and adjusted EPS to $1.62, both up year-over-year.

The EchoPark used‑vehicle segment delivered all‑time record results, including revenue of $580.5 million, gross profit of $67.9 million, segment income of $16.2 million and adjusted EBITDA of $18.6 million. Powersports revenue grew 19% to $40.9 million with a narrower segment loss of $2.0 million.

Capital returns were significant. Sonic repurchased about 2.1 million Class A shares for $135.7 million, a 6% reduction in outstanding shares from December 31, 2025. The Board approved an additional $500 million share repurchase authorization, bringing remaining capacity to $528 million, and raised the quarterly dividend 8% to $0.41 per share.

Positive

Aggressive capital returns: Sonic repurchased approximately 2.1 million Class A shares for $135.7 million (a 6% share reduction) and added $500 million of new buyback authorization, leaving $528 million in remaining repurchase capacity.
EchoPark profitability inflection: The EchoPark Segment delivered all‑time record quarterly segment income of $16.2 million and adjusted EBITDA of $18.6 million, with revenue up 4% and total gross profit up 6% year‑over‑year.
Dividend growth: The Board approved an 8% increase in the quarterly cash dividend to $0.41 per share, reinforcing a commitment to ongoing cash distributions alongside share repurchases.

Negative

GAAP earnings decline: Reported Q1 2026 net income fell 14% year‑over‑year to $60.8 million and diluted EPS declined 12% to $1.79, reflecting tougher comparisons against prior‑year non‑recurring gains.
Higher cost intensity: Consolidated SG&A expenses rose 12% to $427.0 million, and reported SG&A as a percentage of gross profit increased to 71.3% from 67.1%, indicating reduced operating leverage.

Insights

Record revenues, EchoPark strength and a large buyback offset softer GAAP earnings.

Sonic Automotive posted Q1 2026 revenue of $3.69 billion, up 1%, with gross profit up 6% to $598.8 million. GAAP net income fell 14% to $60.8 million as the prior year benefited from $30 million of cyber insurance proceeds.

On an adjusted basis, results improved: adjusted net income was $54.9 million, up 7%, and adjusted EPS rose 9% to $1.62. The EchoPark Segment was a standout, generating record revenue of $580.5 million, gross profit of $67.9 million, segment income of $16.2 million and adjusted EBITDA of $18.6 million, all up double‑digits.

Management also emphasized capital deployment. During the quarter, the company repurchased about 2.1 million Class A shares for $135.7 million, reducing shares outstanding by 6% from December 31, 2025. The Board approved an additional $500 million repurchase authorization, lifting remaining capacity to $528 million, and increased the quarterly dividend 8% to $0.41 per share payable on July 15, 2026. Taken together, the quarter combines operational resilience, particularly at EchoPark, with an aggressive return-of-capital posture.

8-K Event Classification

6 items: 2.02, 2.4, 5.3, 7.01, 7.4, 9.01

6 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 2.4 Item 2.4

Item 5.3 Item 5.3

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 7.4 Item 7.4

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Total revenue: $3.69B Gross profit: $598.8M Net income: $60.8M +5 more

8 metrics

Total revenue $3.69B Q1 2026, up 1% year-over-year

Gross profit $598.8M Q1 2026, up 6% year-over-year

Net income $60.8M Q1 2026, down 14% year-over-year

Adjusted net income $54.9M Q1 2026, up 7% year-over-year

EchoPark adjusted EBITDA $18.6M Q1 2026 all‑time quarterly record, up 18% year-over-year

Share repurchases $135.7M Q1 2026, 2.1M Class A shares, 6% share reduction

New buyback authorization $500.0M Board approval April 30, 2026; total remaining $528.0M

Quarterly dividend $0.41/share Q2 2026 dividend, up 8%, payable July 15, 2026

Key Terms

Adjusted EBITDA, SG&A expenses, EchoPark Segment, floor plan deposits, +1 more

5 terms

Adjusted EBITDA financial

"All-time record quarterly EchoPark Segment adjusted EBITDA* of $18.6 million"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

SG&A expenses financial

"Total reported selling, general and administrative (“SG&A”) expenses as a percentage of gross profit of 71.3%"

SG&A expenses are the costs a company spends on things like sales, marketing, and running the business that aren’t directly tied to making products. These expenses matter because they affect how much profit a company can keep after covering all its day-to-day operations. Think of it like the money spent on advertising or paying staff that helps the business grow and stay competitive.

EchoPark Segment financial

"EchoPark Segment revenues of $580.5 million, up 4% year-over-year"

floor plan deposits financial

"As of March 31, 2026, we had approximately $381 million in cash and floor plan deposits on hand"

Adjusted EPS financial

"$1.62 adjusted earnings per diluted share*, up 9% year-over-year"

Adjusted earnings per share (adjusted eps) is a measure of a company's profit per share that has been modified to exclude certain one-time or unusual items, such as costs from restructuring or asset sales. It provides a clearer picture of the company’s core performance by removing events that may distort the usual earnings. Investors use adjusted eps to better understand a company's ongoing profitability and compare it more accurately over time.

Earnings Snapshot

Revenue: $3.69B

Q1 2026

Revenue $3.69B +1% YoY

Net income $60.8M -14% YoY

Diluted EPS $1.79 -12% YoY

Adjusted net income $54.9M +7% YoY

Adjusted EPS $1.62 +9% YoY

EchoPark adjusted EBITDA $18.6M +18% YoY

Understanding 8-K Material Events →

04/30/2026 - 08:41 AM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________________________

FORM 8-K

____________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 30, 2026

____________________________________

SONIC AUTOMOTIVE, INC.

(Exact name of registrant as specified in its charter)

____________________________________

Delaware

(State or other jurisdiction

of incorporation)


1-13395						56-2010790
(Commission File Number)						(IRS Employer Identification No.)

4401 Colwick Road

Charlotte,

North Carolina

28211

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (704) 566-2400

Not Applicable

(Former name or former address, if changed since last report.)

____________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Class A Common Stock, par value $0.01 per share	SAH	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On April 30, 2026, Sonic Automotive, Inc. (the “Company”) issued a press release announcing its financial results for its first fiscal quarter ended March 31, 2026 (the “Earnings Press Release”). A copy of the Earnings Press Release is attached hereto as Exhibit 99.1 and a copy of the earnings call presentation materials is attached hereto as Exhibit 99.2.

Item 7.01. Regulation FD Disclosure.

On April 30, 2026, in the Earnings Press Release, the Company announced the approval of a quarterly cash dividend.

On April 30, 2026, the Company announced that the Board of Directors approved an additional $500.0 million share repurchase authorization. Repurchases under the authorization may be made from time to time based on market conditions and other factors. Together with unused capacity under previously approved repurchase authorizations, the Company has $528.0 million in unused share repurchase authority.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.


Exhibit No.						Description

99.1						Press Release of Sonic Automotive, Inc., dated April 30, 2026.

99.2						Earnings Call Presentation Materials.

104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

The information in this Current Report on Form 8-K, including Exhibits 99.1 and 99.2 attached hereto, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	SONIC AUTOMOTIVE, INC.

April 30, 2026	By:	/s/ STEPHEN K. COSS
		Stephen K. Coss
		Senior Vice President and General Counsel

Exhibit 99.1

Sonic Automotive Reports First Quarter 2026 Financial Results

Sonic Reported First Quarter Record Consolidated Revenues and Gross Profit

Sonic's EchoPark Segment Achieved All-Time Record Quarterly Pre-Tax Income and Adjusted EBITDA*

During the First Quarter, Sonic Repurchased Approximately 2.1 Million Shares of its Class A Common Stock, Representing a 6% Reduction In Outstanding Shares from December 31, 2025

CHARLOTTE, N.C. – April 30, 2026 – 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 first quarter ended March 31, 2026.

First Quarter 2026 Financial Summary

•First quarter record total revenues of $3.7 billion, up 1% year-over-year; first quarter record total gross profit of $598.8 million, up 6% year-over-year

•Reported net income in the first quarter was $60.8 million, down 14% year-over-year ($1.79 earnings per share, down 12% year-over-year)

▪Reported net income for the first quarter of 2026 includes a $5.1 million pre-tax disposition-related net gain and a $3.6 million pre-tax gain related to the exit of leased dealerships, partially offset by a $0.4 million pre-tax impairment charge related to capital improvement projects (collectively, these items are partially offset by a $2.4 million income tax expense on the above net benefit)

▪Reported net income for the first quarter of 2025 includes the effect of a $30.0 million pre-tax gain from cyber insurance proceeds, offset partially by a $1.4 million non-cash pre-tax impairment charge, a $1.0 million pre-tax disposition related net loss, and a $0.9 million pre-tax charge related to storm damage (collectively, these items are partially offset by a $7.4 million tax expense on the above net benefit)

◦Excluding the above items, adjusted net income* for the first quarter of 2026 was $54.9 million, up 7% year-over-year ($1.62 adjusted earnings per diluted share*, up 9% year-over-year)

•Total reported selling, general and administrative (“SG&A”) expenses as a percentage of gross profit of 71.3% (71.9% on a Franchised Dealerships Segment basis, 62.9% on an EchoPark Segment basis, and 97.7% on a Powersports Segment basis)

▪Total adjusted SG&A expenses as a percentage of gross profit* of 72.8% (72.9% on a Franchised Dealerships Segment basis, 68.2% on an EchoPark Segment basis, and 97.7% on a Powersports Segment basis)

•EchoPark Segment revenues of $580.5 million, up 4% year-over-year; all-time record quarterly EchoPark Segment total gross profit of $67.9 million, up 6% year-over-year; EchoPark Segment retail used vehicle unit sales volume of 19,326, up 3% year-over-year

•All-time record quarterly reported EchoPark Segment income of $16.2 million, as compared to $10.3 million in the prior year period, a 57% increase year-over-year

◦All-time record quarterly adjusted EchoPark Segment income* of $12.6 million, as compared to $10.1 million in the prior year period, a 25% increase year-over-year

•All-time record quarterly EchoPark Segment adjusted EBITDA* of $18.6 million, as compared to $15.8 million adjusted EBITDA* in the prior year period, up 18% year-over-year

•Previously announced acquisition of Space Coast Harley-Davidson, Treasure Coast Harley-Davidson, Falcons Fury Harley-Davidson, Raging Bull Harley-Davidson, and San Diego Harley-Davidson in April 2026 is expected to add approximately $100 million in annualized revenue to Sonic's Powersports Segment

•During the first quarter, Sonic disposed of four Franchised Dealerships, which generated $113.5 million in revenues in 2025 and $58.7 million in gross proceeds from disposition

•During the first quarter, Sonic repurchased approximately 2.1 million shares of its Class A common stock for an aggregate purchase price of approximately $135.7 million, representing a 6% reduction in outstanding shares from December 31, 2025

◦In April 2026, Sonic's Board of Directors approved $500 million in additional share repurchase authorization, increasing the total remaining share repurchase authorization to $528 million

•Sonic’s Board of Directors approved an 8% increase to the quarterly cash dividend, to $0.41 per share, payable on July 15, 2026 to all stockholders of record on June 15, 2026

* Represents a non-GAAP financial measure — please refer to the discussion and reconciliation of non-GAAP financial measures below.

Commentary

David Smith, Chairman and Chief Executive Officer of Sonic Automotive, stated, “I am grateful for our team's efforts in the first quarter, which delivered several first quarter and all-time quarterly records across our operating segments. Our Franchised Dealerships built on fourth quarter momentum to deliver record consolidated first quarter revenue, and our EchoPark team capitalized on a strong tax refund season to deliver an all-time record adjusted EBITDA* of $18.6 million while continuing to provide a world-class guest experience. We are also excited to expand our Powersports segment in the great riding states of California, Florida, Georgia, and North Carolina. The acquisition of five new Harley-Davidson dealerships establishes Sonic Powersports as one of the fastest growing powersports retailers in the country and reinforces our commitment to diversifying our revenue base and enhancing shareholder returns.”

Jeff Dyke, President of Sonic Automotive, commented, “Despite tough year-over-year comparisons, our team outperformed on several key operating metrics. In our Franchised Dealerships segment, our focus on technician hiring and retention resulted in first quarter record fixed operations gross profit, up 10% year-over-year. Continued improvements in our finance and insurance operations led to first quarter records in both total gross profit and gross profit per unit. At EchoPark, our team once again proved that executing on our playbook will drive industry leading returns. With all-time records in quarterly segment total gross profit, pre-tax income, and adjusted EBITDA*, we remain confident in the long-term potential of the EchoPark brand and our plan to resume disciplined expansion of our EchoPark footprint in late 2026, supported by a strategic brand marketing investment beginning in mid-2026.”

Heath Byrd, Chief Financial Officer of Sonic Automotive, added, “As of March 31, 2026, we had approximately $381 million in cash and floor plan deposits on hand, with total liquidity of approximately $770 million. As we move through 2026, we will continue to seek opportunities to strategically deploy capital as markets evolve."

First Quarter 2026 Segment Highlights

The financial measures discussed below are results for the first quarter of 2026 with comparisons made to the first quarter of 2025, unless otherwise noted.

•Franchised Dealerships Segment operating results include:

•Same store revenues down 4%; same store gross profit flat

•Same store retail new vehicle unit sales volume down 10%; same store retail new vehicle gross profit per unit down 4%, to $3,002

•Same store retail used vehicle unit sales volume up 3%; same store retail used vehicle gross profit per unit down 4%, to $1,533

•Same store parts, service and collision repair (“Fixed Operations”) gross profit up 5%; same store customer pay gross profit up 5%; same store warranty gross profit up 7%; same store Fixed Operations gross profit margin up 40 basis points, to 51.1%

•Same store finance and insurance (“F&I”) gross profit up 2%; same store F&I gross profit per retail unit of $2,594, up 6%

•On a trailing quarter cost of sales basis, the Franchised Dealerships Segment had 58 days’ supply of new vehicle inventory (including in-transit) and 32 days’ supply of used vehicle inventory

•EchoPark Segment operating results include:

•Revenues of $580.5 million, up 4%; gross profit of $67.9 million, up 6%

•Retail used vehicle unit sales volume of 19,326, up 3%

•All-time record quarterly reported segment income of $16.2 million, all-time record quarterly adjusted segment income* of $12.6 million, and all-time record quarterly adjusted EBITDA* of $18.6 million

•On a trailing quarter cost of sales basis, the EchoPark Segment had 40 days’ supply of used vehicle inventory

•Powersports Segment operating results include:

•First quarter record revenues of $40.9 million, up 19%; first quarter record gross profit of $10.1 million, up 19%

•Segment loss of $2.0 million, a 43% improvement from a segment loss of $3.5 million in the prior year period, and adjusted EBITDA loss* of $0.1 million, an 86% improvement from an adjusted EBITDA loss* of $0.7 million in the prior year period (note that the first quarter has seasonally lower demand ahead of peak powersports industry demand in the second and third quarters)

* Represents a non-GAAP financial measure — please refer to the discussion and reconciliation of non-GAAP financial measures below.

Dividend

Sonic’s Board of Directors approved an 8% increase to the quarterly cash dividend, to $0.41 per share, payable on July 15, 2026 to all stockholders of record on June 15, 2026.

First Quarter 2026 Earnings Conference Call

Senior management will hold a conference call today at 11:00 A.M. (Eastern). Investor presentation and earnings press release materials will be accessible beginning prior to the conference call on the Company’s website at ir.sonicautomotive.com.

To access the live webcast of the conference call, please go to ir.sonicautomotive.com and select the webcast link at the top of the page. For telephone access to this conference call, please dial (877) 407-8289 (domestic) or +1 (201) 689-8341 (international) and ask to be connected to the Sonic Automotive First Quarter 2026 Earnings Conference Call. Dial-in access remains available throughout the live call; however, to ensure you are connected for the full call we suggest dialing in at least 10 minutes before the start of the call. A webcast replay will be available following the call for 14 days at ir.sonicautomotive.com.

About Sonic Automotive

Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, North Carolina, is on a quest to become the most valuable diversified automotive retail and service brand in America. Our Company culture thrives on creating, innovating, and providing industry-leading guest experiences, driven by strategic investments in technology, teammates, and ideas that ultimately fulfill ownership dreams, enrich lives, and deliver happiness to our guests and teammates. As one of the largest automotive and powersports retailers in America, we are committed to delivering on this goal while pursuing expansive growth and taking progressive measures to be the leader in these categories. Our new platforms, programs, and people are set to drive the next generation of automotive and powersports experiences. More information about Sonic Automotive can be found at www.sonicautomotive.com and ir.sonicautomotive.com.

About EchoPark Automotive

EchoPark Automotive is one of the most comprehensive retailers of nearly new pre-owned vehicles in America today. Our unique business model offers a best-in-class shopping experience and utilizes one of the most innovative technology-enabled sales strategies in our industry. Our approach provides a personalized and proven guest-centric buying process that consistently delivers award-winning guest experiences and superior value to car buyers nationwide, with savings of up to $3,000 versus the competition. Consumers have responded by putting EchoPark among the top national pre-owned vehicle retailers in products, sales, and service, while receiving the 2023 Consumer Satisfaction Award from DealerRater. EchoPark’s mission is in the name: Every Car, Happy Owner. This drives the experience for guests and differentiates EchoPark from the competition. More information about EchoPark Automotive can be found at www.echopark.com.

Forward-Looking Statements

Included herein are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements address our future objectives, plans and goals, as well as our intent, beliefs and current expectations regarding future operating performance, results and events, and can generally be identified by words such as “may,” “will,” “should,” “could,” “believe,” “expect,” “estimate,” “anticipate,” “intend,” “plan,” “foresee” and other similar words or phrases. You should not place undue reliance on these statements, and you are cautioned that these forward-looking statements are not guarantees of future performance. There are many factors that affect management’s views about future events and trends of the Company’s business. These factors involve risks and uncertainties that could cause actual results or trends to differ materially from management’s views, including, without limitation, the effects of tariffs on vehicle and parts pricing and supply, the effects of tariffs on consumer demand, economic conditions in the markets in which we operate, supply chain disruptions and manufacturing delays, labor shortages, the impacts of inflation and changes in interest rates, new and used vehicle industry sales volume, future levels of consumer demand for new and used vehicles, anticipated future growth in each of our operating segments, the success of our operational strategies and investment in new technologies, the rate and timing of overall economic expansion or contraction, the integration of acquisitions, cybersecurity incidents and other disruptions to our information systems, and the risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and other reports and information filed with the United States Securities and Exchange Commission (the “SEC”). The Company does not undertake any obligation to update forward-looking information, except as required under federal securities laws and the rules and regulations of the SEC. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.

Non-GAAP Financial Measures

This press release and the attached financial tables contain certain non-GAAP financial measures as defined under SEC rules, such as adjusted net income, adjusted earnings per diluted share, adjusted SG&A expenses, adjusted SG&A expenses as a percentage of gross profit, adjusted segment income (loss), and adjusted EBITDA (loss). As required by SEC rules, the Company has provided reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures in the schedules included in this press release. The Company believes that these non-GAAP financial measures improve the transparency of the Company’s disclosures and provide a meaningful presentation of the Company’s results.

Company Contacts

Investor Inquiries:

Heath Byrd, Executive Vice President and Chief Financial Officer

Danny Wieland, Vice President, Investor Relations & Financial Reporting

ir@sonicautomotive.com

Press Inquiries:

Sonic Automotive Media Relations

media.relations@sonicautomotive.com

Sonic Automotive, Inc.

Results of Operations (Unaudited)

Results of Operations - Consolidated


	Three Months Ended March 31,				Better / (Worse)
			2026		2025		% Change
		(In millions, except per share amounts)
Revenues:
Retail new vehicles			$	1,607.4	$	1,656.3	(3)	%
Fleet new vehicles			20.7		22.1		NM
Total new vehicles			1,628.1		1,678.4		(3)	%
Used vehicles			1,269.6		1,225.0		4	%
Wholesale vehicles			71.8		82.7		NM
Total vehicles			2,969.5		2,986.1		(1)	%
Parts, service and collision repair			516.6		474.4		9	%
Finance, insurance and other, net			202.4		190.8		6	%
Total revenues			3,688.5		3,651.3		1	%
Cost of sales:
Retail new vehicles			(1,522.9)		(1,566.9)		3	%
Fleet new vehicles			(20.3)		(21.5)		6	%
Total new vehicles			(1,543.2)		(1,588.4)		3	%
Used vehicles			(1,221.1)		(1,178.6)		(4)	%
Wholesale vehicles			(73.4)		(84.1)		13	%
Total vehicles			(2,837.7)		(2,851.1)		—	%
Parts, service and collision repair			(252.0)		(233.8)		(8)	%
Total cost of sales			(3,089.7)		(3,084.9)		—	%
Gross profit			598.8		566.4		6	%
Selling, general and administrative expenses			(427.0)		(380.3)		(12)	%
Impairment charges			(0.4)		(1.4)		NM
Depreciation and amortization			(38.7)		(39.7)		3	%
Operating income (loss)			132.7		145.0		(8)	%
Other income (expense):
Interest expense, floor plan			(19.4)		(20.0)		3	%
Interest expense, other, net			(28.3)		(27.6)		(3)	%
Other income (expense), net			0.1		—		NM
Total other income (expense)			(47.6)		(47.6)		—	%
Income before taxes			85.1		97.4		(13)	%
Provision for income taxes - benefit (expense)			(24.3)		(26.8)		9	%





Net income			$	60.8	$	70.6	(14)	%

Basic earnings (loss) per common share			$	1.81	$	2.09	(13)	%


Basic weighted-average common shares outstanding			33.6		33.9		1	%

Diluted earnings (loss) per common share			$	1.79	$	2.04	(12)	%


Diluted weighted-average common shares outstanding			34.0		34.6		2	%

Dividends declared per common share			$	0.38	$	0.30	27	%

NM = Not Meaningful

Franchised Dealerships Segment - Reported


	Three Months Ended March 31,				Better / (Worse)
			2026		2025		% Change
		(In millions, except unit and per unit data)
Revenues:
Retail new vehicles			$	1,585.2	$	1,636.9	(3)	%
Fleet new vehicles			20.7		22.1		NM
Total new vehicles			1,605.9		1,659.0		(3)	%
Used vehicles			768.7		745.6		3	%
Wholesale vehicles			43.9		54.6		NM
Total vehicles			2,418.5		2,459.2		(2)	%
Parts, service and collision repair			509.3		467.4		9	%
Finance, insurance and other, net			139.3		130.6		7	%
Total revenues			3,067.1		3,057.2		—	%
Gross Profit:
Retail new vehicles			81.2		86.7		(6)	%
Fleet new vehicles			0.4		0.6		(33)	%
Total new vehicles			81.6		87.3		(7)	%
Used vehicles			40.5		39.9		2	%
Wholesale vehicles			(1.8)		(1.0)		(80)	%
Total vehicles			120.3		126.2		(5)	%
Parts, service and collision repair			261.1		237.2		10	%
Finance, insurance and other, net			139.3		130.6		7	%
Total gross profit			520.7		494.0		5	%
Selling, general and administrative expenses			(374.4)		(325.9)		(15)	%
Impairment charges			(0.4)		—		NM
Depreciation and amortization			(31.7)		(33.4)		5	%
Operating income			114.2		134.7		(15)	%
Other income (expense):
Interest expense, floor plan			(16.0)		(16.3)		2	%
Interest expense, other, net			(27.3)		(26.6)		(3)	%
Other income (expense), net			0.1		0.1		NM
Total other income (expense)			(43.2)		(42.8)		(1)	%
Income before taxes			71.0		91.9		(23)	%
Add: Impairment charges			0.4		—		NM
Segment income			$	71.4	$	91.9	(22)	%

Unit Sales Volume:
Retail new vehicles			25,830		28,082		(8)	%
Fleet new vehicles			337		383		(12)	%
Total new vehicles			26,167		28,465		(8)	%
Used vehicles			26,335		25,441		4	%
Wholesale vehicles			4,713		6,195		(24)	%
Retail new & used vehicles			52,165		53,523		(3)	%
Used-to-New Ratio			1.02		0.91		12	%

Gross Profit Per Unit:
Retail new vehicles			$	3,144	$	3,089	2	%
Fleet new vehicles			$	1,264	$	1,444	(12)	%
New vehicles			$	3,120	$	3,067	2	%
Used vehicles			$	1,539	$	1,568	(2)	%
Finance, insurance and other, net			$	2,670	$	2,439	9	%

NM = Not Meaningful

Note: Reported Franchised Dealerships Segment results include (i) same store results from the “Franchised Dealerships Segment - Same Store” table below and (ii) the effects of acquisitions, open points, dispositions and holding company impacts for the periods reported. All currently operating franchised dealership stores are included within the same store group as of the first full month following the first anniversary of the store’s opening or acquisition.

Franchised Dealerships Segment - Same Store


	Three Months Ended March 31,				Better / (Worse)
			2026		2025		% Change
		(In millions, except unit and per unit data)
Revenues:
Retail new vehicles			$	1,485.5	$	1,617.0	(8)	%
Fleet new vehicles			18.8		22.0		(15)	%
Total new vehicles			1,504.3		1,639.0		(8)	%
Used vehicles			746.2		732.5		2	%
Wholesale vehicles			41.4		53.6		(23)	%
Total vehicles			2,291.9		2,425.1		(5)	%
Parts, service and collision repair			483.5		462.2		5	%
Finance, insurance and other, net			130.6		128.3		2	%
Total revenues			2,906.0		3,015.6		(4)	%
Gross Profit:
Retail new vehicles			74.2		86.5		(14)	%
Fleet new vehicles			0.5		0.6		(17)	%
Total new vehicles			74.8		87.1		(14)	%
Used vehicles			39.3		39.5		(1)	%
Wholesale vehicles			(1.7)		(0.7)		(143)	%
Total vehicles			112.4		125.9		(11)	%
Parts, service and collision repair			247.1		234.5		5	%
Finance, insurance and other, net			130.6		128.3		2	%
Total gross profit			$	490.1	$	488.7	—	%

Unit Sales Volume:
Retail new vehicles			24,725		27,598		(10)	%
Fleet new vehicles			317		383		(17)	%
Total new vehicles			25,042		27,981		(11)	%
Used vehicles			25,636		24,832		3	%
Wholesale vehicles			4,519		5,968		(24)	%
Retail new & used vehicles			50,361		52,430		(4)	%
Used-to-New Ratio			1.04		0.90		16	%

Gross Profit Per Unit:
Retail new vehicles			$	3,002	$	3,135	(4)	%
Fleet new vehicles			$	1,717	$	1,444	19	%
New vehicles			$	2,986	$	3,112	(4)	%
Used vehicles			$	1,533	$	1,592	(4)	%
Finance, insurance and other, net			$	2,594	$	2,448	6	%

Note: All currently operating franchised dealership stores are included within the same store group as of the first full month following the first anniversary of the store’s opening or acquisition.

EchoPark Segment - Reported


	Three Months Ended March 31,				Better / (Worse)
			2026		2025		% Change
		(In millions, except unit and per unit data)
Revenues:

Used vehicles			$	491.8	$	473.7	4	%
Wholesale vehicles			27.3		27.3		NM
Total vehicles			519.1		501.0		4	%

Finance, insurance and other, net			61.4		58.7		5	%
Total revenues			580.5		559.7		4	%
Gross Profit:

Used vehicles			6.3		5.4		17	%
Wholesale vehicles			0.2		(0.2)		200	%
Total vehicles			6.5		5.2		25	%

Finance, insurance and other, net			61.4		58.7		5	%
Total gross profit			67.9		63.9		6	%
Selling, general and administrative expenses			(42.7)		(44.8)		5	%
Impairment charges			—		(0.2)		NM
Depreciation and amortization			(5.7)		(5.2)		(10)	%
Operating income			19.5		13.7		42	%
Other income (expense):
Interest expense, floor plan			(3.0)		(3.1)		3	%
Interest expense, other, net			(0.3)		(0.4)		25	%
Other income (expense), net			—		(0.1)		NM
Total other income (expense)			(3.3)		(3.6)		8	%
Income before taxes			16.2		10.1		60	%
Add: Impairment charges			—		0.2		NM
Segment income			$	16.2	$	10.3	57	%

Unit Sales Volume:

Used vehicles			19,326		18,798		3	%
Wholesale vehicles			3,127		3,150		(1)	%

Gross Profit Per Unit:
Total used vehicle and F&I			$	3,502	$	3,411	3	%

NM = Not Meaningful

EchoPark Segment - Same Market


	Three Months Ended March 31,				Better / (Worse)
			2026		2025		% Change
		(In millions, except unit and per unit data)
Revenues:
Used vehicles			$	491.8	$	473.7	4	%
Wholesale vehicles			27.4		27.3		—	%
Total vehicles			519.2		501.0		4	%

Finance, insurance and other, net			61.6		59.1		4	%
Total revenues			580.8		560.1		4	%
Gross Profit:
Used vehicles			6.4		5.4		19	%
Wholesale vehicles			0.2		(0.2)		200	%
Total vehicles			6.6		5.2		27	%

Finance, insurance and other, net			61.6		59.1		4	%
Total gross profit			$	68.2	$	64.3	6	%

Unit Sales Volume:

Used vehicles			19,326		18,798		3	%
Wholesale vehicles			3,127		3,150		(1)	%

Gross Profit Per Unit:
Total used vehicle and F&I			$	3,518	$	3,432	3	%

Note: All currently operating EchoPark stores in a local geographic market are included within the same market group as of the first full month following the first anniversary of the market's opening.

Powersports Segment - Reported


	Three Months Ended March 31,				Better / (Worse)
			2026		2025		% Change
		(In millions, except unit and per unit data)
Revenues:
Retail new vehicles			$	22.3	$	19.4	15	%
Used vehicles			9.2		5.7		61	%
Wholesale vehicles			0.2		0.8		NM
Total vehicles			31.7		25.9		22	%
Parts, service and collision repair			7.4		7.0		6	%
Finance, insurance and other, net			1.8		1.5		20	%
Total revenues			40.9		34.4		19	%
Gross Profit:
Retail new vehicles			3.2		2.7		19	%
Used vehicles			1.6		1.1		45	%
Wholesale vehicles			—		(0.2)		100	%
Total vehicles			4.8		3.6		33	%
Parts, service and collision repair			3.5		3.4		3	%
Finance, insurance and other, net			1.8		1.5		20	%
Total gross profit			10.1		8.5		19	%
Selling, general and administrative expenses			(9.9)		(9.6)		(3)	%
Impairment charges			—		(1.1)		NM
Depreciation and amortization			(1.2)		(1.2)		—	%
Operating income			(1.0)		(3.4)		71	%
Other income (expense):
Interest expense, floor plan			(0.4)		(0.5)		20	%
Interest expense, other, net			(0.7)		(0.7)		—	%
Other income (expense), net			0.1		—		NM
Total other income (expense)			(1.0)		(1.2)		17	%
Loss before taxes			(2.0)		(4.6)		57	%
Add: Impairment charges			—		1.1		NM
Segment loss			$	(2.0)	$	(3.5)	43	%

Unit Sales Volume:
Retail new vehicles			1,124		993		13	%
Used vehicles			832		578		44	%
Wholesale vehicles			49		60		(18)	%


Gross Profit Per Unit:
Retail new vehicles			$	2,891	$	2,681	8	%
Used vehicles			$	1,938	$	1,823	6	%
Finance, insurance and other, net			$	907	$	943	(4)	%

NM = Not Meaningful

Powersports Segment - Same Store


	Three Months Ended March 31,				Better / (Worse)
			2026		2025		% Change
		(In millions, except unit and per unit data)
Revenues:
Retail new vehicles			$	22.3	$	18.8	19	%


Used vehicles			9.2		5.2		77	%
Wholesale vehicles			0.2		0.8		(75)	%
Total vehicles			31.7		24.8		28	%
Parts, service and collision repair			7.4		6.6		12	%
Finance, insurance and other, net			1.8		1.4		29	%
Total revenues			40.9		32.8		25	%
Gross Profit:
Retail new vehicles			3.2		2.6		23	%


Used vehicles			1.6		1.0		60	%
Wholesale vehicles			—		—		—	%
Total vehicles			4.8		3.6		33	%
Parts, service and collision repair			3.5		3.2		9	%
Finance, insurance and other, net			1.8		1.4		29	%
Total gross profit			$	10.1	$	8.2	23	%

Unit Sales Volume:
Retail new vehicles			1,124		969		16	%


Used vehicles			832		533		56	%
Wholesale vehicles			49		60		(18)	%
Retail new & used vehicles			1,956		1,502		30	%
Used-to-New Ratio			0.74		0.55		35	%

Gross Profit Per Unit:
Retail new vehicles			$	2,891	$	2,709	7	%


Used vehicles			$	1,938	$	1,797	8	%
Finance, insurance and other, net			$	907	$	952	(5)	%

Note: All currently operating powersports stores are included within the same store group as of the first full month following the first anniversary of the store’s opening or acquisition.

Non-GAAP Reconciliation - Consolidated - SG&A Expenses


	Three Months Ended March 31,						Better / (Worse)
	2026			2025			Change			% Change
	(In millions)
Reported:
Compensation	$	274.3		$	258.5		$	(15.8)		(6)	%
Advertising	27.3			23.8			(3.5)			(15)	%
Rent	9.7			10.2			0.5			5	%
Other	115.7			87.8			(27.9)			(32)	%
Total SG&A expenses	$	427.0		$	380.3		$	(46.7)		(12)	%
Adjustments:
Acquisition and disposition-related gain (loss)	$	5.1		$	(1.0)

Cyber insurance proceeds	—			30.0

Storm damage charges	—			(0.9)

Gain (loss) on exit of leased dealership	3.6			—


Total SG&A adjustments	$	8.7		$	28.1
Adjusted:
Total adjusted SG&A expenses	$	435.7		$	408.4		$	(27.3)		(7)	%

Reported:
SG&A expenses as a % of gross profit:
Compensation	45.8		%	45.6		%	(20)			bps
Advertising	4.6		%	4.2		%	(40)			bps
Rent	1.6		%	1.8		%	20			bps
Other	19.3		%	15.5		%	(380)			bps
Total SG&A expenses as a % of gross profit	71.3		%	67.1		%	(420)			bps
Adjustments:
Acquisition and disposition-related gain (loss)	0.9		%	(0.2)		%

Cyber insurance proceeds	—		%	5.3		%

Storm damage charges	—		%	(0.2)		%

Gain (loss) on lease terminations	0.6		%	—		%


Total effect of adjustments	1.5		%	5.0		%
Adjusted:
Total adjusted SG&A expenses as a % of gross profit	72.8		%	72.1		%	(70)		bps

Reported:
Total gross profit	$	598.8		$	566.4		$	32.4		6	%

Non-GAAP Reconciliation - Franchised Dealerships Segment - SG&A Expenses



	Three Months Ended March 31,						Better / (Worse)
	2026			2025			Change			% Change
	(In millions)
Reported:
Compensation	$	240.1		$	226.4		$	(13.7)		(6)	%
Advertising	18.7			15.8			(2.9)			(18)	%
Rent	12.4			9.7			(2.7)			(28)	%
Other	103.2			74.0			(29.2)			(39)	%
Total SG&A expenses	$	374.4		$	325.9		$	(48.5)		(15)	%
Adjustments:
Acquisition and disposition-related gain (loss)	$	5.1		$	(0.3)


Cyber insurance proceeds	—			30.0
Storm damage charges	—			(0.9)


Total SG&A adjustments	$	5.1		$	28.8
Adjusted:
Total adjusted SG&A expenses	$	379.5		$	354.7		$	(24.8)		(7)	%

Reported:
SG&A expenses as a % of gross profit:
Compensation	46.1		%	45.8		%	(30)			bps
Advertising	3.6		%	3.2		%	(40)			bps
Rent	2.4		%	2.0		%	(40)			bps
Other	19.8		%	15.0		%	(480)			bps
Total SG&A expenses as a % of gross profit	71.9		%	66.0		%	(590)			bps
Adjustments:
Acquisition and disposition-related gain (loss)	1.0		%	(0.1)		%

Cyber insurance proceeds	—		%	6.1		%

Storm damage charges	—		%	(0.2)		%


Total effect of adjustments	1.0		%	5.8		%
Adjusted:
Total adjusted SG&A expenses as a % of gross profit	72.9		%	71.8		%	(110)		bps

Reported:
Total gross profit	$	520.7		$	494.0		$	26.7		5	%

Non-GAAP Reconciliation - EchoPark Segment - SG&A Expenses



	Three Months Ended March 31,						Better / (Worse)
	2026			2025			Change			% Change
	(In millions)
Reported:
Compensation	$	26.9		$	25.9		$	(1.0)		(4)	%
Advertising	8.3			7.7			(0.6)			(8)	%
Rent	(2.7)			0.7			3.4			486	%
Other	10.2			10.5			0.3			3	%
Total SG&A expenses	$	42.7		$	44.8		$	2.1		5	%
Adjustments:
Acquisition and disposition-related gain (loss)	$	—		$	0.2



Gain (loss) on exit of leased dealerships	3.6			—

Total SG&A adjustments	$	3.6		$	0.2
Adjusted:
Total adjusted SG&A expenses	$	46.3		$	45.0		$	(1.3)		(3)	%

Reported:
SG&A expenses as a % of gross profit:
Compensation	39.6		%	40.5		%	90		bps
Advertising	12.2		%	12.1		%	(10)		bps
Rent	(4.0)		%	1.1		%	510		bps
Other	15.1		%	16.4		%	130		bps
Total SG&A expenses as a % of gross profit	62.9		%	70.1		%	720		bps
Adjustments:
Acquisition and disposition-related gain (loss)	—		%	0.3		%



Gain (loss) on exit of leased dealerships	5.3		%	—		%

Total effect of adjustments	5.3		%	0.3		%
Adjusted:
Total adjusted SG&A expenses as a % of gross profit	68.2		%	70.4		%	220		bps

Reported:
Total gross profit	$	67.9		$	63.9		$	4.0		6	%

Non-GAAP Reconciliation - Powersports Segment - SG&A Expenses



	Three Months Ended March 31,						Better / (Worse)
	2026			2025			Change			% Change
	(In millions)
Reported:
Compensation	$	7.3		$	6.2		$	(1.1)		(18)	%
Advertising	0.3			0.2			(0.1)			(50)	%
Rent	—			(0.2)			(0.2)			(100)	%
Other	2.3			3.4			1.1			32	%
Total SG&A expenses	$	9.9		$	9.6		$	(0.3)		(3)	%









Adjustments:
Acquisition and disposition-related gain (loss)	$	—		$	(0.9)
Total SG&A adjustments	$	—		$	(0.9)
Adjusted:
Total adjusted SG&A expenses	$	9.9		$	8.7

Reported:
SG&A expenses as a % of gross profit:
Compensation	71.9		%	72.6		%	70		bps
Advertising	3.3		%	2.9		%	(40)		bps
Rent	—		%	(2.0)		%	(200)		bps
Other	22.5		%	39.0		%	1,650		bps
Total SG&A expenses as a % of gross profit	97.7		%	112.5		%	1,480		bps
Adjustments:
Acquisition and disposition-related gain (loss)	—		%	(10.5)		%
Total effect of adjustments	—		%	(10.5)		%
Adjusted:
Total adjusted SG&A expenses as a % of gross profit	97.7		%	102.0		%	430			bps

Reported:
Total gross profit	$	10.1		$	8.5		$	1.6		19	%

Non-GAAP Reconciliation - Franchised Dealerships Segment - Income (Loss) Before Taxes and Segment Income (Loss)


	Three Months Ended March 31,
			2026		2025		% Change
		(In millions)
Reported:
Income before taxes			$	71.0	$	91.9	(23)	%
Add: Impairment charges			0.4		—
Segment income			$	71.4	$	91.9	(22)	%

Adjustments:
Acquisition and disposition-related (gain) loss			$	(5.1)	$	0.3

Cyber insurance proceeds			—		(30.0)


Storm damage charges			—		0.9

Total pre-tax adjustments			$	(5.1)	$	(28.8)

Adjusted:
Segment income			$	66.3	$	63.1	5	%

Non-GAAP Reconciliation - EchoPark Segment - Income (Loss) Before Taxes and Segment Income (Loss)


	Three Months Ended March 31,
			2026		2025		% Change
		(In millions)
Reported:
Income before taxes			$	16.2	$	10.1	60	%
Add: Impairment charges			—		0.2
Segment income			$	16.2	$	10.3	57	%

Adjustments:
Acquisition and disposition-related (gain) loss			$	—	$	(0.2)



Loss (gain) on exit of leased dealerships			(3.6)		—


Total pre-tax adjustments			$	(3.6)	$	(0.2)

Adjusted:
Segment income			$	12.6	$	10.1	25	%

Non-GAAP Reconciliation - Powersports Segment - Income (Loss) Before Taxes and Segment Income (Loss)


	Three Months Ended March 31,
			2026		2025		% Change
		(In millions)
Reported:
Loss before taxes			$	(2.0)	$	(4.6)	57	%
Add: Impairment charges			—		1.1
Segment loss			$	(2.0)	$	(3.5)	43	%

Adjustments:
Acquisition and disposition-related (gain) loss			$	—	$	0.9









Adjusted:
Adjusted segment loss			$	(2.0)	$	(2.6)	23	%

Non-GAAP Reconciliation - Consolidated - Net Income (Loss) and Diluted Earnings (Loss) Per Share


	Three Months Ended March 31, 2026					Three Months Ended March 31, 2025
	Weighted- Average Shares	Net Income (Loss)		Per Share Amount		Weighted- Average Shares	Net Income (Loss)		Per Share Amount
	(In millions, except per share amounts)
Reported net income, diluted shares, and diluted earnings per share	34.0	$	60.8	$	1.79	34.6	$	70.6	$	2.04
Adjustments:
Acquisition and disposition-related (gain) loss		$	(5.1)				$	1.0



Cyber insurance proceeds		—					(30.0)

Storm damage charges		—					0.9
Impairment charges		0.4					1.4
Loss (gain) on exit of leased dealerships		(3.6)					—


Total pre-tax adjustments		$	(8.3)				$	(26.7)
Tax effect of above items		2.4					7.4

Adjusted net income, diluted shares, and diluted earnings per share	34.0	$	54.9	$	1.62	34.6	$	51.3	$	1.48

Non-GAAP Reconciliation - Adjusted EBITDA



	Three Months Ended March 31, 2026								Three Months Ended March 31, 2025
	Franchised Dealerships Segment		EchoPark Segment		Powersports Segment		Total		Franchised Dealerships Segment		EchoPark Segment		Powersports Segment		Total
	(In millions)
Net income							$	60.8							$	70.6
Provision for income taxes							24.3								26.8
Income (loss) before taxes	$	71.0	$	16.2	$	(2.0)	$	85.1	$	91.9	$	10.1	$	(4.6)	$	97.4
Non-floor plan interest (1)	25.6		0.3		0.7		26.6		24.9		0.5		0.7		26.1
Depreciation & amortization (2)	33.3		5.7		1.2		40.2		35.1		5.2		1.2		41.4
Stock-based compensation expense	5.2		—		—		5.2		5.8		—		—		5.8
Loss (gain) on exit of leased dealerships	—		(3.6)		—		(3.6)		—		—		—		—
Impairment charges	0.4		—		—		0.4		—		0.2		1.1		1.4



Cyber insurance proceeds	—		—		—		—		(30.0)		—		—		(30.0)
Acquisition and disposition related (gain) loss	(5.1)		—		—		(5.1)		0.3		(0.2)		0.9		1.0
Storm damage charges	—		—		—		—		0.9		—		—		0.9



Adjusted EBITDA (loss)	$	130.4	$	18.6	$	(0.1)	$	148.8	$	128.9	$	15.8	$	(0.7)	$	144.0

Note: Due to rounding, segment level financial data may not sum to consolidated results.

(1)Includes interest expense, other, net in the accompanying consolidated statements of operations, net of any amortization of debt issuance costs or net debt discount/premium included in (2) below.

(2)Includes the following line items from the accompanying consolidated statements of cash flows: depreciation and amortization of property and equipment; debt issuance cost amortization; and debt discount amortization, net of premium amortization.

SONIC AUTOMOTIVE Updated April 29, 2026 Investor Presentation | First Quarter 2026 EXHIBIT 99.2

NYSE SAH Forward-Looking Statements This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events, are not historical facts and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. These statements can generally be identified by lead-in words such as “may,” “will,” “should,” “could,” “believe,” “expect,” “estimate,” “anticipate,” “intend,” “plan,” “project,” “foresee” and other similar words or phrases. Statements that describe our Company’s objectives, plans or goals are also forward-looking statements. Examples of such forward-looking information we may be discussing in this presentation include, without limitation, the potential impact of tariffs on new vehicle pricing, inventory levels, and consumer demand, our anticipated future new vehicle unit sales volume, revenues and profitability (including per unit data), our anticipated future used vehicle unit sales volume, revenues and profitability (including per unit data), future levels of consumer demand for new and used vehicles, our anticipated future parts, service and collision repair (“Fixed Operations”) gross profit, our anticipated future finance and insurance (“F&I”) gross profit, our anticipated expense reductions, targeted increases to our technician headcount, hybrid and electric vehicle trends and related GPU headwinds, long-term annual revenue and profitability targets, anticipated future growth capital expenditures, profitability and pricing expectations in our EchoPark Segment, EchoPark’s omnichannel strategy, anticipated future EchoPark population coverage, anticipated future EchoPark revenue and unit sales volume, anticipated future performance and growth of our Franchised Dealerships Segment, anticipated growth and profitability of our Powersports Segment, anticipated liquidity positions, anticipated industry new vehicle sales volume, anticipated industry used vehicle supply, the implementation of growth and operating strategies, including acquisitions of dealerships and properties, anticipated future acquisition synergies, the return of capital to stockholders, anticipated future success and impacts from the implementation of our strategic initiatives, and earnings per share expectations. You are cautioned that these forward-looking statements are not guarantees of future performance, involve risks and uncertainties and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. These risks and uncertainties include, without limitation, risks associated with tariffs, import product restrictions and foreign trade risks, economic conditions in the markets in which we operate, supply chain disruptions and manufacturing delays, labor shortages, the impacts of inflation and fluctuations in interest rates, new and used vehicle industry sales volume, the success of our operational strategies, the rate and timing of overall economic expansion or contraction, and the other risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and other reports and information filed with the United States Securities and Exchange Commission (the “SEC”). These forward-looking statements, risks, uncertainties and additional factors speak only as of the date of this presentation. We undertake no obligation to update any such statements, except as required under federal securities laws and the rules and regulations of the SEC. 2

NYSE SAH Sonic Automotive Company Overview • Our Franchised Dealerships Segment is a full-service automotive retail business with a diversified brand portfolio and multiple strategic growth levers • 107 locations - $12.9 billion in FY 2025 revenues • Our EchoPark Segment provides high growth potential in a highly fragmented pre-owned vehicle market • 18 locations - $2.1 billion in FY 2025 revenues • Our Powersports Segment represents an early-stage consolidation growth opportunity at attractive multiples • 20 locations** - $203 million in FY 2025 revenues • We believe our diversified business model provides balanced growth opportunities across our Franchised Dealerships, EchoPark and Powersports Segments that differentiates Sonic from other companies in the automotive retail space 3 Note: Location counts as of April 30, 2026. * Refer to appendix for calculation and reconciliation of Adjusted EPS (a non-GAAP measure). ** Includes Five Harley-Davidson Dealerships And One Authorized Retail Outlet Acquired In April 2026, Estimated To Generate $100 Million In Annualized Revenues. Actual results may differ. See “Forward-Looking Statements.” $12.4 $14.0 $14.4 $14.2 $15.2 $3.7 $3.7 $8.06 $2.23 $4.97 $6.18 $3.42 $2.04 $1.79 $8.46 $9.61 $6.81 $5.60 $6.60 $1.48 $1.62 $- $5 $10 $15 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 Total Revenues and Earnings Per Share Revenue (Billions) GAAP EPS Adjusted EPS* NYSE: SAH – A Fortune 500 Diversified Automotive Retailer

NYSE SAH Diversified Portfolio And Business Lines 4 Geographic Distribution TX 26% CA 25% CO 8% TN 7% FL 6% AL 5% NC 4% GA 4% ID 3% VA 2% MD 2% NV 2% All Others 6% Total Revenues By State Note: Percentages are percent of total for year ended December 31, 2025. 5% 34% 14% 43% 34% 7% 47% 16% Revenue Gross Profit New Vehicle Used Vehicle (Including Wholesale) Parts, Service & Collision Repair ("Fixed Operations") Finance & Insurance ("F&I") Category % of Total Revenue Franchised Brand % of Total Revenue BMW 20% Mercedes 11% Audi 5% Land Rover 5% Lexus 4% Porsche 4% Cadillac 3% Other Luxury (1) 3% Honda 9% Toyota 7% Other Import (2) 3% EchoPark 14% Non-Franchised 14% Chevrolet GMC Buick 5% Ford 4% Chrysler Dodge Jeep RAM 2% Powersports 1% Powersports (3) 1% Luxury 55% 19%Import Domestic 11% (1) Includes Jaguar, MINI, Polestar and Volvo (2) Includes Hyundai, Nissan, Subaru and Volkswagen (3) Includes Harley-Davidson, Kawasaki, BRP, Polaris, Honda, Suzuki, BMW Motorrad, Yamaha, Ducati, and Indian Motorcycle Business Line MixBrand Distribution

NYSE SAH Strategic Focus – Franchised Dealerships Segment • Manage tariff impact on inventory and pricing strategy to maintain market share • Focus on opportunities to emphasize growth in parts and service (Fixed Operations) and finance and insurance (F&I) revenues and gross profit • Actively manage new and used vehicle inventory turnover and adapt to electric vehicle (EV) and hybrid electric vehicle (HEV) transition • Focus on controllable selling, general and administrative (SG&A) expenses to maintain structural improvement in SG&A leverage as a percent of gross profit • Opportunity to pursue accretive strategic acquisition opportunities to drive revenue growth and optimize our dealership network Franchised Dealerships Strategy $10.1 $11.5 $11.8 $11.9 $12.9 $3.1 $3.1 $530 $642 $448 $258 $316 $92 $71 $692 $839 $675 $526 $554 $129 $130 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 Total Revenues, Segment Income*, and Adjusted EBITDA* Revenue (Billions) Segment Income* (Millions) Adjusted EBITDA* (Millions) * Refer to appendix for calculation and reconciliation of Segment Income, Adjusted EBITDA and Adjusted SG&A Expenses As % Of Gross Profit (non-GAAP measures). 5 1.5% 1.7% 2.0% 2.8% 3.3% 3.2% 3.6% 40.8% 40.2% 42.1% 45.2% 45.7% 45.8% 46.1% 16.0% 16.2% 19.5% 20.4% 20.1% 20.8% 20.8% 2.6% 2.0% 2.0% 2.0% 2.1% 2.0% 2.4% 60.9% 60.1% 65.6% 70.4% 71.2% 71.8% 72.9% 61.0% 59.9% 64.6% 70.9% 69.9% 66.0% 71.9% FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 Reported and Adjusted SG&A Expenses as % of Gross Profit* Advertising* Compensation* Other* Rent* Adjusted SG&A Expenses* Reported SG&A Expenses

NYSE SAH Strategic Focus – Franchised Dealerships Segment (continued) 6 99.8 99.4 107.3 111.5 116.0 28.1 25.8 $49.9 $56.1 $57.9 $57.7 $59.9 $58.3 $61.4 $4,595 $6,591 $4,836 $3,382 $3,170 $3,089 $3,144 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 Retail New Vehicle Unit Sales Volume, Revenue, and Gross Profit Per Unit Unit Sales Volume (Thousands) Revenue Per Unit (Thousands) GPU 105.5 108.5 100.2 102.0 104.2 25.4 26.3 $27.5 $31.3 $30.4 $28.6 $29.6 $29.3 $29.2 $1,784 $1,607 $1,626 $1,473 $1,514 $1,568 $1,539 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 Retail Used Vehicle Unit Sales Volume, Revenue, and Gross Profit Per Unit Unit Sales Volume (Thousands) Revenue Per Unit (Thousands) GPU Retail New And Used Vehicles • Tariffs may create volatility in new and used vehicle pricing, volume and GPU in 2026 and beyond • The rate of new vehicle GPU decline has moderated, and we believe the "new normal" will remain higher than pre-pandemic levels, in the $2,500-$3,000 per unit range, subject to tariff impact on inventory levels, pricing and demand • We believe used vehicle GPU may decline over time if we are able to drive higher retail used vehicle unit sales volume by supplementing our inventory levels as off-lease inventory supply begins to grow in 2026 and beyond • Strategic focus to return to selling at least 100 retail used vehicles per store per month, on average (represents approximately 25% improvement in retail used vehicle volume throughput per store) • As new and used vehicle sales volumes have recovered from pandemic-induced lows, F&I gross profit and fixed operations gross profit have benefitted from higher industry retail volume Note: New and used vehicle GPU, sales volume, and F&I and fixed operations gross profit expectations and projections are estimates of future results. Actual results may differ. See “Forward-Looking Statements.”

NYSE SAH Strategic Focus – Franchised Dealerships Segment (continued) 7 Fixed Operations And F&I • Increased technician headcount and focus on technician retention and productivity is expected to drive additional fixed operations revenues and gross profit growth • Fixed operations parts and labor cost inflation is generally passed along to customers, supporting stable fixed operations profit margins over time • Vehicle affordability challenges may drive consumers to choose to repair their current vehicle to extend its life rather than replace it with a newer vehicle, benefitting fixed operations revenues • F&I gross profit per unit increased over 60% from pre- pandemic to FY 2025, driven primarily by higher warranty contract penetration rates • We believe F&I GPU will remain structurally higher than pre-pandemic as a result of optimized F&I presentation, consumer preferences, lower product cost structure and higher average vehicle sale prices • Even in an elevated interest rate environment, finance contract penetration rates remain robust and are supported by manufacturer financing or lease incentives only available at franchised dealerships $2,160 $2,453 $2,403 $2,374 $2,596 $2,439 $2,670 77.6% 72.9% 71.2% 72.6% 72.8% 71.7% 74.5% 44.4% 49.4% 48.9% 48.0% 48.9% 47.9% 49.4% FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 F&I Gross Profit Per Unit and Product Penetration Rates F&I GPU Finance Contract Penetration Rate Warranty Penetration Rate Note: Fixed operations gross profit, fixed operations profit margin and F&I GPU are estimates of future results. Actual results may differ. See “Forward-Looking Statements.” $673 $787 $853 $909 $1,006 $237 $261 50.2% 49.5% 49.7% 50.4% 51.1% 50.7% 51.3% FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 Fixed Operations Gross Profit and Gross Margin % Fixed Operations Gross Profit (Millions) Fixed Operations Gross Margin %

NYSE SAH Strategic Focus – Franchised Dealerships Segment (continued) Hybrid vs. Electric Vehicle Trends • Industry sales volume penetration rates for combined hybrid electric vehicles (HEV) and plug-in hybrid electric vehicles (PHEV) exceed the penetration rates for battery electric vehicles (BEV) and are trending upward • FY 2025 hybrid new vehicle GPU was higher than internal combustion engine (ICE) new vehicle GPU in our import and domestic brands, and marginally lower in our luxury brands, driven by better consumer demand and relatively lower hybrid days’ supply vs. both ICE and BEV • BEV new vehicle GPU has lagged both hybrid and ICE vehicles as a result of excess inventory supply, resulting in BEV sales negatively impacting total new vehicle GPU by approximately $200 in FY 2025 (improved from $350 in FY 2024) and $100 in Q1 2026 (flat compared to $100 in Q4 2025 due to better alignment of BEV inventory with consumer demand) • To the extent OEMs can align BEV supply with natural consumer demand following the expiration of the federal EV tax credit, this BEV mix-driven GPU headwind could improve in 2026 and beyond • Initial BEV repair and maintenance trends show lower frequency but higher gross profit per repair order vs. ICE vehicles, while hybrid vehicles create opportunity to service both types of power trains 18.3% 5.1% 0% 4% 8% 12% 16% 20% M ar -1 9 Se p- 19 M ar -2 0 Se p- 20 M ar -2 1 Se p- 21 M ar -2 2 Se p- 22 M ar -2 3 Se p- 23 M ar -2 4 Se p- 24 M ar -2 5 Se p- 25 M ar -2 6 Hybrid Vehicle vs. EV Industry Sales Volume Penetration Hybrid (HEV/PHEV) Penetration % BEV Penetration % So ur ce : M or ga n St an le y R es ea rc h 8 100% Luxury Import Domestic Total Sonic FY 2025 Average New Vehicle Relative GPU by Power Train BEV Hybrid ICE Average New Vehicle GPU Note: Average new vehicle relative GPU by power train in the chart above is shown as a percentage of blended average GPU for each brand group and franchised dealerships segment total GPU, where 100% represents the blended average GPU for each brand group and the franchised dealerships segment total GPU. Note: Hybrid and electric vehicle trends and GPU headwinds are estimates of future results. Actual results may differ. See “Forward- Looking Statements.”

NYSE SAH Strategic Focus – EchoPark Segment • FY 2025 EchoPark Segment adjusted EBITDA* of $49.2 million, up 78% year-over-year • All-time record quarterly EchoPark Segment adjusted EBITDA* of $18.6 million in Q1 2026 • Returned to positive segment adjusted EBITDA* in FY 2024 after 3 years of used vehicle industry headwinds • Expect to resume disciplined expansion of EchoPark footprint in Q4 2026 as used vehicle market conditions become more supportive of growth • Long-term goal to reach 90% of the U.S. population • Below-market pricing and no-haggle, transparent guest experience expected to drive market share gains • EchoPark maintains the #1 ranking in guest satisfaction among all major pre-owned vehicle retailers according to Reputation.com EchoPark Strategy * Refer to appendix for calculation and reconciliation of Adjusted EBITDA (a non-GAAP measure). Note: “EchoPark Operations” chart data includes currently operating stores and corporate/holding company results. “Closed Stores” chart data includes results from stores that are not currently in operation as of the date of this presentation. $(27.0) $(70.1) $(49.5) $32.5 $48.3 $15.9 $17.8 $(19.3) $(35.3) $(33.5) $(4.9) $0.9 $(0.1) $0.8 $(120) $(80) $(40) $- $40 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 M ill io n s EchoPark Segment Adjusted EBITDA* (Millions) EchoPark Operations (with Holding Company) Closed Stores 203 111 164 268 313 348 358 77,835 64,107 73,676 69,053 67,636 18,798 19,326 - 200 400 600 800 1,000 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 M on th ly V ol um e Pe r S to re EchoPark Segment Retail Unit Sales Volume Average Monthly Unit Volume Per Store Used Retail Unit Sales Volume 9

NYSE SAH Strategic Focus – EchoPark Segment (continued) 10 • Maintain focus on optimizing F&I product offerings, cost, and pricing to drive F&I GPU growth in FY 2026 • Focus on maintaining positive retail used vehicle GPU throughout FY 2026 driven by fast inventory turns, expected stability in the spread between wholesale and retail prices, and a focus on sourcing more inventory from non-auction sources, which is expected to drive total GPU in the $3,400 to $3,600 range • Anticipate sustained pricing increases in the new vehicle market as a result of tariffs, which should benefit used vehicle demand as a relatively more affordable vehicle option for consumers • Used vehicle supply reached its lowest point in late 2025, due to lower levels of off-lease inventory as a result of declines in new vehicle industry sales volume and fewer lease originations since 2020 (see chart for supply trend of 3-year-old vehicles, which approximates the average age of vehicles in our inventory mix) • Beginning in 2026, gradual expansion of used vehicle supply and further normalization of used vehicle pricing should drive consumer demand and higher retail sales volume for EchoPark EchoPark Strategy $(47.8) $(105.4) $(83.0) $27.6 $49.2 $15.8 $18.6 $1,762 $2,657 $2,183 $3,029 $3,484 $3,411 $3,502 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 EchoPark Segment Adjusted EBITDA* and Total GPU (Used GPU + F&I GPU) Adjusted EBITDA* (Millions) Total GPU Source: J.D. Power Vehicle Age (0-5 Years) * Refer to appendix for calculation and reconciliation of Adjusted EBITDA (a non-GAAP measure). Note: F&I GPU growth, total GPU, used vehicle price and supply, and sales volume projections are estimates of future results. Actual results may differ. See “Forward-Looking Statements.” 4.8 5.1 5.1 5.1 4.7 4.1 3.4 3.7 3.8 4.6 0 3 6 9 12 15 18 2019 2020 2021 2022 2023 2024 2025 2026E 2027E 2028E (In M ill io ns ) Used Vehicle Supply Trend For Units Up To Five Years In Age 1 2 3 4 5 Forecast

NYSE SAH 11 • Standardized operating playbooks and processes in existing stores to facilitate future organic and acquisition growth • Completed roll out of modernized inventory management and marketing strategy in FY 2025 • Manage expenses and inventory to mitigate effects of weaker seasonal demand in Q1 and Q4 while supporting higher seasonal demand in Q2 and Q3 • Expect to realize synergies from network effect, driving potential gains in used vehicle volume and F&I and cross-selling opportunities • Identify desirable acquisition opportunities at attractive valuations to grow this segment and reduce seasonal volatility • Acquired five Harley-Davidson dealerships in California, Florida, Georgia and North Carolina in April 2026 to diversify geographic footprint and seasonality Powersports Strategy Note: Multiples are based on the most recent Haig Partners Report. Multiples are typically applied to a normalized dealership earnings before taxes. Luxury includes: BMW, Jaguar Land Rover, Lexus, Mercedes-Benz and Porsche Other Luxury includes: Audi, Cadillac and Volvo Import includes: Toyota, Honda, Subaru, Kia, Hyundai, VW Domestic includes: Buick, Chevrolet, Ford, GMC, Chrysler, Jeep, Dodge, RAM Strategic Focus – Powersports Segment * Refer to appendix for calculation and reconciliation of Adjusted EBITDA (a non-GAAP measure). Note: Gains in used vehicle volume and F&I are estimates of future results. Actual results may differ. See “Forward-Looking Statements.” $4.6 $10.8 $6.3 $11.5 $(0.7) $2.0 $10.1 $0.1 $(0.1) FY 2022 FY 2023 FY 2024 FY 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Powersports Segment Adjusted EBITDA* (Millions) Industry Demand Seasonally Weak In Q4 & Q1 Acquisition Multiple Franchise Type Low High High-Line Luxury 6.0x 10.0x Other Luxury 3.0x 5.0x Import 3.0x 8.5x Domestic 3.0x 4.5x Powersports 2.5x 4.5x

NYSE SAH Strategic Focus – Consolidated Company 12 • Expect to maintain strong balance sheet and free cash flows • Balanced capital allocation strategy prioritizes highest return opportunity • History of returning capital to shareholders via dividend and share repurchases • Quarterly dividend per share has grown 300% since FY 2019, current forward yield >2.0% • Reduced outstanding shares by 27% since FY 2019 • Sonic’s Board approved additional $500 million of share repurchase authorization in April 2026, resulting in $528 million of current remaining share repurchase authorization • Net debt to adjusted EBITDA ratio* of 2.17 for the 12 months ended Q1 2026 is within our target leverage range Consolidated Company Strategy $399 $501 $374 $384 $306 $381 $703 $794 $846 $862 $702 $770 $- $200 $400 $600 $800 $1,000 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025 Mar 2026 $ In M ill io ns Strong Balance Sheet and Liquidity Cash and Floor Plan Deposit Balance Total Liquidity * Refer to appendix for calculation and reconciliation of Net Debt to Adjusted EBITDA Ratio (a non-GAAP measure). Note: Dividend yield is based on stock price as of April 28, 2026. Note: Balance sheet and free cash flow projections are estimates of future results. Actual results may differ. See “Forward-Looking Statements.” $1,019 $102 $75 $55 $440 $298 $227 $204 $187 $150 $93 $262 $178 $34 $82 $18 $35 $40 $41 $49 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 $ In M ill io ns Capital Allocation Trend Acquisitions Cap Ex Share Repurchases Dividends Note: Cap Ex represents total purchases of land, property and equipment from consolidated statements of cash flows included in Sonic’s Annual Report on Form 10-K for the applicable fiscal year.

NYSE SAH Sonic Automotive FY 2026 Outlook • Anticipate new vehicle GPU in the $2,700 to $3,000 per unit range for FY 2026 – second half of 2026 could be lower than first half of 2026 depending on tariff impact of new model year vehicle pricing, affordability, and consumer demand • Anticipate FY 2026 used vehicle GPU in the $1,350 to $1,450 per unit range (previously $1,300 to $1,400 per unit), depending on flow through tariff impact on pricing and demand • Expect mid single digit percentage growth in same store fixed operations gross profit for FY 2026 (customer pay growth expected to offset effects of potential lower warranty recall activity) • Expect F&I GPU in the $2,600 to $2,700 per unit range for FY 2026 • Expect FY 2026 adjusted SG&A expenses as a % of gross profit* in the low 70% range, including effects of EchoPark brand marketing investment • Anticipate FY 2026 floor plan interest expense to increase approximately 10% from FY 2025, depending on inventory levels and floor plan offset balance • Anticipate FY 2026 effective income tax rate in the 28.0% to 29.0% range due to changes in corporate tax regulations • Expect adjusted EBITDA* between $35-$40 million (previously $25-$35 million), depending on effects of new store openings in late 2026 and brand marketing investment (estimate $10-20 million incremental advertising expense beginning mid-2026) • Expect high single digit percentage increase in used retail unit sales volume for FY 2026 and total GPU in the $3,400 to $3,600 per unit range for FY 2026 • Expect FY 2026 adjusted EBITDA* between $14-$17 million (previously $12-$15 million) including recent acquisitions (majority in Q3 2026 due to seasonality and geographic footprint) • Acquired five Harley-Davidson dealerships in April 2026, expected to generate approximately $100 million in annualized revenues * Refer to appendix for calculation and reconciliation of Adjusted EBITDA and Adjusted SG&A Expenses as a % of Gross Profit (non-GAAP measures). Note: Above outlook is based on projections. Actual results may differ. See “Forward-Looking Statements.” Financial data may also include certain forward-looking information that is not presented in accordance with GAAP. We believe that a quantitative reconciliation of such forward-looking information to the most directly comparable GAAP financial measure cannot be made available without unreasonable efforts, because a reconciliation of these non-GAAP financial measures would require an estimate of future non-operating items such as impairment charges, gain/loss on property dispositions, and/or non-recurring SG&A expenses. Neither the timing nor likelihood of these events, nor their probable significance, can be quantified with a reasonable degree of accuracy. Accordingly, a reconciliation of such forward-looking information to the most directly comparable GAAP financial measure is not provided. 13 Please see the below guidance for our current expectations for FY 2026. Previously issued guidance shown in parentheses where applicable. Franchised Dealerships Segment EchoPark Segment Powersports Segment Consolidated

NYSE SAH Appendix: Financial Tables & Non-GAAP Reconciliations 14

NYSE SAH Definition of Non-GAAP Financial Measures 15 Adjusted Net Income is defined as GAAP net income, excluding certain non-operating charges and/or benefits that may affect the comparability of results from period to period. Adjusted Diluted Earnings Per Share (“Adjusted EPS”) is defined as Adjusted Net Income divided by diluted weighted-average common shares outstanding. Segment Income (Loss) is defined as segment income (loss) before taxes, less impairment charges. Adjusted Segment Income (Loss) is defined as Segment Income (Loss), excluding certain non- operating charges and/or benefits that may affect the comparability of results from period to period. Adjusted Gross Profit is defined as GAAP gross profit, excluding certain non-operating charges that may affect the comparability of results from period to period. Adjusted SG&A Expenses is defined as GAAP SG&A expenses, excluding certain non-operating charges and/or benefits that may affect the comparability of results from period to period. Adjusted SG&A Expenses as a % of Gross Profit is defined as GAAP SG&A expenses, excluding certain non-operating charges and/or benefits that may affect the comparability of results from period to period, expressed as a percentage of adjusted gross profit. Adjusted EBITDA is defined as GAAP net income (loss), excluding the provision for income taxes, non-floor plan interest expense, depreciation and amortization expense, stock-based compensation expense, and certain non-operating charges and/or benefits that may affect the comparability of results from period to period. Segment Adjusted EBITDA and Segment Adjusted EBITDA Loss is defined as segment income (loss) before taxes, excluding non-floor plan interest expense, depreciation and amortization expense, stock-based compensation expense, and certain non-operating charges and/or benefits that may affect the comparability of results from period to period. Net Debt to Adjusted EBITDA Ratio is defined as long-term debt (including current portion), less cash and equivalents, less outstanding floor plan deposit balance, expressed as a ratio to Adjusted EBITDA. To supplement the Company’s financial data presented in accordance with accounting principles generally accepted in the United States (“GAAP”), this presentation contains certain non- GAAP financial measures, such as adjusted net income, adjusted earnings per diluted share, segment income (loss), adjusted segment income (loss), adjusted SG&A expenses as a percentage of gross profit, adjusted EBITDA, adjusted EBITDA loss, and net debt to adjusted EBITDA ratio. The Company has provided reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures in the appendix to this presentation. Management believes that these non-GAAP financial measures are important supplemental measures of performance which improve the comparability and transparency of the Company’s disclosures and provide a meaningful presentation of the Company’s results. Management also considers these non-GAAP financial measures when making financial, operating and strategic decisions. Financial data may also include certain forward-looking information that is not presented in accordance with GAAP. We believe that a quantitative reconciliation of such forward-looking information to the most directly comparable GAAP financial measure cannot be made available without unreasonable efforts, because a reconciliation of these non-GAAP financial measures would require an estimate of future non-operating items such as impairment charges, gain/loss on property dispositions, and/or non-recurring SG&A expenses. Neither the timing nor likelihood of these events, nor their probable significance, can be quantified with a reasonable degree of accuracy. Accordingly, a reconciliation of such forward-looking information to the most directly comparable GAAP financial measure is not provided.

NYSE SAH GAAP Income Statement – Annual Trend – Consolidated 16 NM = Not MeaningfulNote: Earnings (loss) per share and gross profit per unit metrics are calculated based on actual unrounded amounts. FY 2025 Better / (Worse) % Change (In millions, except unit, per unit, and per share data) FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 Year-Over-Year Revenues: Retail new vehicles 7,047.4$ 6,507.5$ 6,304.6$ 5,622.6$ 4,993.4$ 8% Fleet new vehicles 101.5 95.3 92.2 99.4 124.6 NM Total new vehicles 7,148.9 6,602.8 6,396.8 5,722.0 5,118.0 8% Used vehicles 4,872.6 4,780.1 5,213.6 5,515.4 4,933.6 2% Wholesale vehicles 314.1 287.1 318.8 484.9 367.2 NM Total vehicles 12,335.6 11,670.0 11,929.2 11,722.3 10,418.8 6% Parts, service and collision repair 2,019.1 1,846.5 1,759.5 1,599.7 1,340.4 9% Finance, insurance and other, net ("F&I") 798.9 707.8 683.7 679.1 637.2 13% Total revenues 15,153.6 14,224.3 14,372.4 14,001.1 12,396.4 7% Gross profit: Retail new vehicles 383.3 388.4 535.4 662.8 459.8 (1%) Fleet new vehicles 1.7 3.0 4.0 4.9 1.6 NM Total new vehicles 385.0 391.4 539.4 667.7 461.4 (2%) Used vehicles 181.1 170.7 151.2 180.8 133.0 6% Wholesale vehicles (11.2) (6.0) (2.6) (3.1) 9.6 NM Total vehicles 554.9 556.1 688.0 845.4 604.0 0% Parts, service and collision repair 1,029.1 928.9 874.0 792.5 673.1 11% Finance, insurance and other, net 798.9 707.8 683.7 679.1 637.2 13% Total gross profit 2,382.9 2,192.8 2,245.7 2,317.0 1,914.3 9% SG&A expenses (1,678.2) (1,577.0) (1,600.5) (1,555.1) (1,274.7) (6%) Impairment charges (173.8) (3.9) (79.3) (320.4) (0.1) NM Depreciation and amortization (163.4) (150.4) (142.3) (127.5) (101.1) (9%) Operating income (loss) 367.5 461.5 423.6 314.0 538.4 (20%) Interest expense, floor plan (84.7) (86.9) (67.2) (34.3) (16.7) 3% Interest expense, other, net (110.1) (118.0) (114.6) (89.9) (48.0) 7% Other income (expense), net 0.1 (0.5) 0.1 0.2 (15.5) NM Income (loss) from continuing operations before taxes 172.8 256.1 241.9 190.0 458.2 (33%) Income tax benefit (expense) (54.1) (40.1) (63.7) (101.5) (109.3) (35%) Net income (loss) from continuing operations 118.7$ 216.0$ 178.2$ 88.5$ 348.9$ (45%) Diluted weighted-average shares outstanding 34.7 35.0 35.9 39.7 43.3 1% Diluted earnings (loss) per share from continuing operations 3.42$ 6.18$ 4.97$ 2.23$ 8.06$ (45%) Unit sales volume: Retail new vehicles 121,124 115,694 112,110 101,168 99,943 5% Fleet new vehicles 1,991 1,805 2,000 2,115 3,543 10% Used vehicles 175,280 173,257 176,147 173,209 183,292 1% Wholesale vehicles 34,982 32,223 32,330 35,323 36,795 9% Gross profit per unit ("GPU"): Retail new vehicles 3,165$ 3,358$ 4,776$ 6,552$ 4,600$ (6%) Used vehicles 1,033$ 985$ 859$ 1,043$ 720$ 5% F&I 2,695$ 2,450$ 2,372$ 2,475$ 2,250$ 10%

NYSE SAH Non-GAAP Reconciliation – Annual Trend – Consolidated 17 Note: Earnings (loss) per share and SG&A expenses as a percentage of gross profit metrics are calculated based on actual unrounded amounts. Balance sheet amounts are as of December 31 for the FY then ended. (In millions, except per share data) FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 Reported net income (loss) from continuing operations 118.7$ 216.0$ 178.2$ 88.5$ 348.9$ Adjustments: Impairment charges 173.8$ 3.9$ 79.3$ 320.4$ -$ Acquisition and disposition-related (gain) loss 5.6 (5.6) (20.7) (9.1) 1.2 Severance and long-term compensation charges - 5.5 5.1 4.4 6.5 Loss on debt extinguishment - - - - 15.6 Storm damage charges 5.0 8.3 1.9 - - Loss (gain) on exit of leased dealerships - (3.0) 4.3 - - Used vehicle inventory valuation adjustment - - 10.0 - - Closed store accrued expenses - 2.1 - - - Cyber insurance proceeds (40.0) (10.0) - - - Excess compensation related to CDK outage - 13.4 - - - Legal settlements 0.7 - - - - Total pre-tax adjustments 145.1 14.6 79.9 315.7 23.3 Tax effect of above items (39.9) (3.8) (19.9) (22.6) (5.9) Non-recurring tax items 5.3 (31.0) 5.8 - - Total net income effect of adjustments 110.5 (20.2) 65.8 293.1 17.4 Adjusted net income (loss) from continuing operations 229.2$ 195.8$ 244.0$ 381.6$ 366.3$ Diluted weighted-average shares outstanding 34.7 35.0 35.9 39.7 43.3 Adjusted diluted earnings (loss) per share from continuing operations 6.60$ 5.60$ 6.81$ 9.61$ 8.46$ Reported gross profit 2,382.9$ 2,192.8$ 2,245.7$ 2,317.0$ 1,914.3$ Excess compensation related to CDK outage - 2.0 - - - Adjusted gross profit 2,382.9$ 2,194.8$ 2,245.7$ 2,317.0$ 1,914.3$ Reported SG&A expenses (1,678.2)$ (1,577.0)$ (1,600.5)$ (1,555.1)$ (1,274.7)$ Acquisition and disposition-related (gain) loss 5.6 (5.6) (20.7) (9.1) 1.2 Severance and long-term compensation charges - 5.5 5.1 4.4 6.5 Storm damage charges 5.0 8.3 1.9 - - Loss (gain) on exit of leased dealerships - (3.0) 4.3 - - Closed store accrued expenses - 2.1 - - - Cyber insurance proceeds (40.0) (10.0) - - - Excess compensation related to CDK outage - 11.4 - - - Legal settlements 0.7 - - - - Adjusted SG&A expenses (1,706.9)$ (1,568.3)$ (1,609.9)$ (1,559.8)$ (1,267.0)$ Adjusted SG&A expenses as a percentage of gross profit 71.6% 71.5% 71.4% 67.3% 66.2%

NYSE SAH Non-GAAP Reconciliation – Annual Trend – Consolidated 18 Note: Balance sheet amounts are as of December 31 for the FY then ended. Last twelve month (“LTM”) Q1 2026 balance sheet amounts are as of March 31, 2026. (In millions, except ratios) LTM Q1 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 Reported net income (loss) 108.9$ 118.7$ 216.0$ 178.2$ 88.5$ 348.9$ Income tax (benefit) expense 51.5 54.1 40.1 63.7 101.5 109.3 Income (loss) before taxes 160.4 172.8 256.1 241.9 190.0 458.2 Non-floor plan interest 104.0 103.5 112.2 108.1 84.7 44.7 Depreciation and amortization 169.0 170.1 155.9 148.8 132.7 104.3 Stock-based compensation expense 22.5 23.1 21.3 23.3 16.0 15.0 Loss (gain) on exit of leased dealerships (3.6) - (3.0) 4.3 - - Impairment charges 172.8 173.8 3.9 79.3 320.4 0.1 Loss on debt extinguishment - - 0.6 - - 15.6 Severance and long-term compensation charges - - 5.6 5.1 4.4 8.0 Excess compensation related to CDK outage - - 13.4 - - - Acquisition and disposition-related (gain) loss (0.5) 5.6 (6.3) (20.4) (9.7) (0.4) Storm damage charges 4.1 5.0 8.3 1.9 - - Used vehicle inventory valuation adjustment - - - 10.0 - - Closed store accrued expenses - - 2.1 - - - Cyber insurance proceeds (10.0) (40.0) (10.0) - - - (Gain) loss on legal settlements 0.7 0.7 - - - - Adjusted EBITDA 619.4$ 614.6$ 560.1$ 602.3$ 738.5$ 645.5$ Long-term debt (including current portion) 1,727.6$ 1,615.4$ 1,588.0$ 1,676.6$ 1,751.7$ 1,561.2$ Cash and equivalents (5.7) (6.3) (44.0) (28.9) (229.2) (299.4) Floor plan deposit balance (375.0) (300.0) (340.0) (345.0) (272.0) (99.8) Net debt 1,346.9$ 1,309.1$ 1,204.0$ 1,302.7$ 1,250.5$ 1,162.0$ Net debt to adjusted EBITDA ratio 2.17 2.13 2.15 2.16 1.69 1.80 Long-term debt (including current portion) to adjusted EBITDA ratio 2.79 2.63 2.84 2.78 2.37 2.42

NYSE SAH GAAP Income Statement – Quarterly Trend – Consolidated 19 NM = Not MeaningfulNote: Earnings (loss) per share and gross profit per unit metrics are calculated based on actual unrounded amounts. Q1 2026 Better / (Worse) % Change (In millions, except unit, per unit, and per share data) Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Sequential Year-Over-Year Revenues: Retail new vehicles 1,607.4$ 1,852.2$ 1,872.8$ 1,666.1$ 1,656.3$ (13%) (3%) Fleet new vehicles 20.7 24.1 26.0 29.4 22.1 NM NM Total new vehicles 1,628.1 1,876.3 1,898.8 1,695.5 1,678.4 (13%) (3%) Used vehicles 1,269.6 1,213.8 1,253.1 1,180.7 1,225.0 5% 4% Wholesale vehicles 71.8 63.6 84.2 83.3 82.7 NM NM Total vehicles 2,969.5 3,153.7 3,236.1 2,959.5 2,986.1 (6%) (1%) Parts, service and collision repair 516.6 515.3 533.9 495.6 474.4 0% 9% Finance, insurance and other, net ("F&I") 202.4 202.3 203.8 202.1 190.8 0% 6% Total revenues 3,688.5 3,871.3 3,973.8 3,657.2 3,651.3 (5%) 1% Gross profit: Retail new vehicles 84.5 97.3 97.4 99.2 89.4 (13%) (5%) Fleet new vehicles 0.4 0.7 - 0.5 0.6 NM NM Total new vehicles 84.9 98.0 97.4 99.7 90.0 (13%) (6%) Used vehicles 48.5 41.4 45.2 48.1 46.4 17% 4% Wholesale vehicles (1.6) (5.2) (3.3) (1.6) (1.4) NM NM Total vehicles 131.8 134.2 139.3 146.2 135.0 (2%) (2%) Parts, service and collision repair 264.6 262.2 272.4 253.9 240.6 1% 10% Finance, insurance and other, net 202.4 202.3 203.8 202.1 190.8 0% 6% Total gross profit 598.8 598.7 615.5 602.2 566.4 0% 6% SG&A expenses (427.0) (433.7) (451.6) (412.6) (380.3) 2% (12%) Impairment charges (0.4) - - (172.4) (1.4) NM NM Depreciation and amortization (38.7) (41.8) (41.2) (40.5) (39.7) 8% 3% Operating income (loss) 132.7 123.2 122.7 (23.3) 145.0 8% (8%) Interest expense, floor plan (19.4) (22.4) (23.9) (18.3) (20.0) 13% 3% Interest expense, other, net (28.3) (27.6) (27.5) (27.4) (27.6) (3%) (3%) Other income (expense), net 0.1 - (0.1) (0.1) - NM NM Income (loss) before taxes 85.1 73.2 71.2 (69.1) 97.4 16% (13%) Income tax benefit (expense) (24.3) (26.3) (24.4) 23.5 (26.8) 8% 9% Net income (loss) 60.8$ 46.9$ 46.8$ (45.6)$ 70.6$ 30% (14%) Diluted weighted-average shares outstanding 34.0 34.4 35.1 34.1 34.6 1% 2% Diluted earnings (loss) per share 1.79$ 1.36$ 1.33$ (1.34)$ 2.04$ 32% (12%) Unit sales volume: Retail new vehicles 26,954 30,485 32,086 29,478 29,075 (12%) (7%) Fleet new vehicles 337 458 579 571 383 (26%) (12%) Used vehicles 46,493 43,784 44,167 42,512 44,817 6% 4% Wholesale vehicles 7,889 7,252 8,957 9,368 9,405 9% (16%) Gross profit per unit ("GPU"): Retail new vehicles 3,133$ 3,193$ 3,035$ 3,365$ 3,075$ (2%) 2% Used vehicles 1,042$ 946$ 1,024$ 1,131$ 1,034$ 10% 1% F&I 2,756$ 2,724$ 2,673$ 2,807$ 2,582$ 1% 7%

NYSE SAH Non-GAAP Reconciliation – Quarterly Trend – Consolidated 20 NM = Not MeaningfulNote: Earnings (loss) per share and SG&A expenses as a percentage of gross profit metrics are calculated based on actual unrounded amounts. Q1 2026 Better / (Worse) % Change (In millions, except per share data) Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Sequential Year-Over-Year Reported net income (loss) 60.8$ 46.9$ 46.8$ (45.6)$ 70.6$ 30% (14%) Adjustments: Impairment charges 0.4$ -$ -$ 172.4$ 1.4$ NM NM Acquisition and disposition-related (gain) loss (5.1) - 3.0 1.6 1.0 NM NM Storm damage charges - - - 4.1 0.9 NM NM Loss (gain) on exit of leased dealerships (3.6) - - - - NM NM Cyber insurance proceeds - - - (10.0) (30.0) NM NM Legal settlements - - 0.7 - - NM NM Total pre-tax adjustments (8.3) - 3.7 168.1 (26.7) NM NM Tax effect of above items 2.4 - (1.0) (46.3) 7.4 NM NM Non-recurring tax items - 5.3 - - - NM NM Total net income effect of adjustments (5.9) 5.3 2.7 121.8 (19.3) NM NM Adjusted net income (loss) 54.9$ 52.2$ 49.5$ 76.2$ 51.3$ 5% 7% Diluted weighted-average shares outstanding 34.0 34.4 35.1 34.8 34.6 1% 2% Adjusted diluted earnings (loss) per share 1.62$ 1.52$ 1.41$ 2.19$ 1.48$ 7% 9% Reported gross profit 598.8$ 598.7$ 615.5$ 602.2$ 566.4$ 0% 6% Reported SG&A expenses (427.0)$ (433.7)$ (451.6)$ (412.6)$ (380.3)$ 2% (12%) Acquisition and disposition-related (gain) loss (5.1) - 3.0 1.6 1.0 NM NM Storm damage charges - - - 4.1 0.9 NM NM Loss (gain) on exit of leased dealerships (3.6) - - - - NM NM Cyber insurance proceeds - - - (10.0) (30.0) NM NM Legal settlements - - 0.7 - - NM NM Adjusted SG&A expenses (435.7)$ (433.7)$ (447.9)$ (416.9)$ (408.4)$ 0% (7%) Adjusted SG&A expenses as a percentage of gross profit 72.8% 72.4% 72.8% 69.2% 72.1% (40) bps (70) bps Reported net income (loss) 60.8$ 46.9$ 46.8$ (45.6)$ 70.6$ 30% (14%) Income tax (benefit) expense 24.3 26.3 24.4 (23.5) 26.8 NM NM Income (loss) before taxes 85.1 73.2 71.2 (69.1) 97.4 16% (13%) Non-floor plan interest 26.6 25.8 25.8 25.8 26.1 NM NM Depreciation and amortization 40.2 43.7 42.9 42.2 41.4 NM NM Stock-based compensation expense 5.2 5.8 5.8 5.7 5.8 NM NM Loss (gain) on exit of leased dealerships (3.6) - - - - NM NM Impairment charges 0.4 - - 172.4 1.4 NM NM Severance and long-term compensation charges - - - - - NM NM Acquisition and disposition-related (gain) loss (5.1) - 3.0 1.6 1.0 NM NM Storm damage charges - - - 4.1 0.9 NM NM Cyber insurance proceeds - - - (10.0) (30.0) NM NM Loss (gain) on legal settlements - - 0.7 - - NM NM Adjusted EBITDA 148.8$ 148.5$ 149.4$ 172.7$ 144.0$ 0% 3%

NYSE SAH GAAP Income Statement – Annual Trend – Franchised Dealerships Segment 21 NM = Not MeaningfulNote: Gross profit per unit metrics are calculated based on actual unrounded amounts. FY 2025 Better / (Worse) % Change (In millions, except unit and per unit data) FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 Year-Over-Year Revenues: Retail new vehicles 6,941.9$ 6,425.5$ 6,215.0$ 5,581.6$ 4,984.4$ 8% Fleet new vehicles 101.5 95.3 92.2 99.4 124.6 NM Total new vehicles 7,043.4 6,520.8 6,307.2 5,681.0 5,109.0 8% Used vehicles 3,087.0 2,919.8 3,050.3 3,391.5 2,901.0 6% Wholesale vehicles 207.0 188.9 204.5 314.0 257.2 NM Total vehicles 10,337.4 9,629.5 9,562.0 9,386.5 8,267.2 7% Parts, service and collision repair 1,970.2 1,802.9 1,714.2 1,588.0 1,340.4 9% Finance, insurance and other, net ("F&I") 571.5 506.8 498.6 510.1 443.5 13% Total revenues 12,879.1 11,939.2 11,774.8 11,484.6 10,051.1 8% Gross profit: Retail new vehicles 367.6 376.9 518.7 655.3 458.8 (2%) Fleet new vehicles 1.7 3.0 4.0 4.9 1.5 NM Total new vehicles 369.3 379.9 522.7 660.2 460.3 (3%) Used vehicles 157.8 150.2 162.9 174.5 188.1 5% Wholesale vehicles (9.3) (4.6) (3.3) (6.4) 0.6 NM Total vehicles 517.8 525.5 682.3 828.3 649.0 (1%) Parts, service and collision repair 1,005.9 908.9 852.7 786.7 673.1 11% Finance, insurance and other, net 571.5 506.8 498.6 510.1 443.5 13% Total gross profit 2,095.2 1,941.2 2,033.6 2,125.1 1,765.6 8% SG&A expenses (1,463.6) (1,375.4) (1,314.6) (1,273.0) (1,076.9) (6%) Impairment charges (165.9) (1.2) (1.0) (115.5) - NM Depreciation and amortization (137.7) (124.4) (112.3) (101.8) (84.8) (11%) Operating income (loss) 328.0 440.2 605.7 634.8 603.9 (26%) Interest expense, floor plan (72.0) (70.6) (49.2) (23.6) (11.8) (2%) Interest expense, other, net (105.9) (112.7) (109.7) (85.1) (46.3) 6% Other income (expense), net 0.1 (0.5) 0.2 - (15.5) NM Income (loss) before taxes 150.2$ 256.4$ 447.0$ 526.1$ 530.3$ (41%) Unit sales volume: Retail new vehicles 115,981 111,450 107,257 99,424 99,815 4% Fleet new vehicles 1,991 1,805 2,000 2,115 3,543 10% Used vehicles 104,202 101,976 100,210 108,512 105,457 2% Wholesale vehicles 22,868 21,018 20,602 24,052 25,128 9% Gross profit per unit ("GPU"): Retail new vehicles 3,170$ 3,382$ 4,836$ 6,591$ 4,595$ (6%) Used vehicles 1,514$ 1,473$ 1,626$ 1,607$ 1,784$ 3% F&I 2,596$ 2,374$ 2,403$ 2,453$ 2,160$ 9%

NYSE SAH Non-GAAP Reconciliation – Annual Trend – Franchised Dealerships Segment 22 Note: SG&A expenses as a percentage of gross profit metrics are calculated based on actual unrounded amounts. (In millions) FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 Reported income (loss) before taxes 150.2$ 256.4$ 447.0$ 526.1$ 530.3$ Impairment charges 165.9 1.2 1.0 115.5 - Segment income (loss) 316.1$ 257.6$ 448.0$ 641.6$ 530.3$ Acquisition and disposition-related (gain) loss 5.5 (3.5) (20.9) (9.1) 1.2 Long-term compensation charges - 2.2 - 4.4 - Loss on debt extinguishment - - - - 15.6 Storm damage charges 5.0 8.3 1.9 - - Excess compensation related to CDK outage - 13.0 - - - Cyber insurance proceeds (40.0) (10.0) - - - Legal settlements 0.7 - - - - Adjusted segment income (loss) 287.3$ 267.6$ 429.0$ 636.9$ 547.1$ Reported gross profit 2,095.2$ 1,941.2$ 2,033.6$ 2,125.1$ 1,765.6$ Excess compensation related to CDK outage - 2.0 - - - Adjusted gross profit 2,095.2$ 1,943.2$ 2,033.6$ 2,125.1$ 1,765.6$ Reported SG&A expenses (1,463.6)$ (1,375.4)$ (1,314.6)$ (1,273.0)$ (1,076.9)$ Acquisition and disposition-related (gain) loss 5.5 (3.5) (20.9) (9.1) 1.2 Long-term compensation charges - 2.2 - 4.4 - Storm damage charges 5.0 8.3 1.9 - - Excess compensation related to CDK outage - 11.0 - - - Cyber insurance proceeds (40.0) (10.0) - - - Legal settlements 0.7 - - - - Adjusted SG&A expenses (1,492.4)$ (1,367.4)$ (1,333.6)$ (1,277.7)$ (1,075.7)$ Adjusted SG&A expenses as a percentage of gross profit 71.2% 70.4% 65.6% 60.1% 60.9% Income (loss) before taxes 150.2 256.4 447.0 526.1 530.3 Non-floor plan interest 99.1 107.0 103.2 80.0 43.0 Depreciation and amortization 144.4 130.0 118.8 107.0 87.9 Stock-based compensation expense 23.1 21.3 23.3 16.0 15.0 Impairment charges 165.9 1.2 1.0 115.5 15.6 Loss on debt extinguishment - 0.6 - - - Severance and long-term compensation charges - 2.2 - 4.4 - Excess compensation related to CDK outage - 13.0 - - - Acquisition and disposition-related (gain) loss 5.5 (3.8) (20.7) (9.7) - Storm damage charges 5.0 8.3 1.9 - - Cyber insurance proceeds (40.0) (10.0) - - - Loss (gain) on legal settlements 0.7 - - - - Adjusted EBITDA 553.9$ 526.2$ 674.5$ 839.3$ 691.8$

NYSE SAH GAAP Income Statement – Quarterly Trend – Franchised Dealerships Segment 23 NM = Not MeaningfulNote: Gross profit per unit metrics are calculated based on actual unrounded amounts. Q1 2026 Better / (Worse) % Change (In millions, except unit and per unit data) Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Sequential Year-Over-Year Revenues: Retail new vehicles 1,585.2$ 1,831.8$ 1,834.0$ 1,639.1$ 1,636.9$ (13%) (3%) Fleet new vehicles 20.7 24.0 26.0 29.5 22.1 NM NM Total new vehicles 1,605.9 1,855.8 1,860.0 1,668.6 1,659.0 (13%) (3%) Used vehicles 768.7 799.7 796.7 744.9 745.6 (4%) 3% Wholesale vehicles 43.9 41.8 52.8 57.8 54.6 NM NM Total vehicles 2,418.5 2,697.3 2,709.5 2,471.3 2,459.2 (10%) (2%) Parts, service and collision repair 509.3 507.8 510.1 484.9 467.4 0% 9% Finance, insurance and other, net ("F&I") 139.3 149.1 147.6 144.3 130.6 (7%) 7% Total revenues 3,067.1 3,354.2 3,367.2 3,100.5 3,057.2 (9%) 0% Gross profit: Retail new vehicles 81.2 94.3 91.3 95.2 86.7 (14%) (6%) Fleet new vehicles 0.4 0.7 - 0.6 0.6 NM NM Total new vehicles 81.6 95.0 91.3 95.8 87.3 (14%) (7%) Used vehicles 40.5 38.1 40.4 39.5 39.9 6% 2% Wholesale vehicles (1.8) (4.9) (2.9) (0.9) (1.0) NM NM Total vehicles 120.3 128.2 128.8 134.4 126.2 (6%) (5%) Parts, service and collision repair 261.1 258.5 261.3 248.9 237.2 1% 10% Finance, insurance and other, net 139.3 149.1 147.6 144.3 130.6 (7%) 7% Total gross profit 520.7 535.8 537.7 527.6 494.0 (3%) 5% SG&A expenses (374.4) (382.4) (395.1) (360.2) (325.9) 2% (15%) Impairment charges (0.4) - - (165.9) - NM NM Depreciation and amortization (31.7) (35.6) (34.6) (34.1) (33.4) 11% 5% Operating income (loss) 114.2 117.8 108.0 (32.6) 134.7 (3%) (15%) Interest expense, floor plan (16.0) (19.6) (20.7) (15.3) (16.3) 19% 2% Interest expense, other, net (27.3) (26.5) (26.4) (26.3) (26.6) (2%) (2%) Other income (expense), net 0.1 - (0.1) (0.1) 0.1 NM NM Income (loss) before taxes 71.0$ 71.7$ 60.8$ (74.3)$ 91.9$ (1%) (23%) Unit sales volume: Retail new vehicles 25,830 29,400 30,415 28,084 28,082 (12%) (8%) Fleet new vehicles 337 458 579 571 383 (26%) (12%) Used vehicles 26,335 27,401 26,407 24,953 25,441 (4%) 4% Wholesale vehicles 4,713 4,811 5,649 6,213 6,195 (2%) (24%) Gross profit per unit ("GPU"): Retail new vehicles 3,144$ 3,209$ 3,001$ 3,391$ 3,089$ (2%) 2% Used vehicles 1,539$ 1,389$ 1,528$ 1,583$ 1,568$ 11% (2%) F&I 2,670$ 2,624$ 2,597$ 2,721$ 2,439$ 2% 9%

NYSE SAH Non-GAAP Reconciliation – Quarterly Trend – Franchised Dealerships Segment 24 NM = Not MeaningfulNote: SG&A expenses as a percentage of gross profit metrics are calculated based on actual unrounded amounts. Q1 2026 Better / (Worse) % Change (In millions) Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Sequential Year-Over-Year Reported income (loss) before taxes 71.0$ 71.7$ 60.8$ (74.3)$ 91.9$ (1%) (23%) Impairment charges 0.4 - - 165.9 - NM NM Segment income (loss) 71.4$ 71.7$ 60.8$ 91.6$ 91.9$ 0% (22%) Acquisition and disposition-related (gain) loss (5.1) - 2.8 2.4 0.3 NM NM Storm damage charges - - - 4.1 0.9 NM NM Cyber insurance proceeds - - - (10.0) (30.0) NM NM Legal settlements - - 0.7 - - NM NM Adjusted segment income (loss) 66.3$ 71.7$ 64.3$ 88.1$ 63.1$ (8%) 5% Reported gross profit 520.7$ 535.8$ 537.7$ 527.6$ 494.0$ (3%) 5% Reported SG&A expenses (374.4)$ (382.4)$ (395.1)$ (360.2)$ (325.9)$ 2% (15%) Acquisition and disposition-related (gain) loss (5.1) - 2.8 2.4 0.3 NM NM Storm damage charges - - - 4.1 0.9 NM NM Cyber insurance proceeds - - - (10.0) (30.0) NM NM Legal settlements - - 0.7 - - NM NM Adjusted SG&A expenses (379.5)$ (382.4)$ (391.6)$ (363.7)$ (354.7)$ 1% (7%) Adjusted SG&A expenses as a percentage of gross profit 72.9% 71.4% 72.8% 68.9% 71.8% (150) bps (110) bps Income (loss) before taxes 71.0$ 71.7$ 60.8$ (74.3)$ 91.9$ (1%) (23%) Non-floor plan interest 25.6 24.8 24.7 24.7 24.9 NM NM Depreciation and amortization 33.3 37.4 36.3 35.8 35.1 NM NM Stock-based compensation expense 5.2 5.8 5.8 5.7 5.8 NM NM Impairment charges 0.4 - - 165.9 - NM NM Acquisition and disposition-related (gain) loss (5.1) - 2.8 2.4 0.3 NM NM Storm damage charges - - - 4.1 0.9 NM NM Cyber insurance proceeds - - - (10.0) (30.0) NM NM Loss (gain) on legal settlements - - 0.7 - - NM NM Adjusted EBITDA 130.4$ 139.7$ 131.1$ 154.3$ 128.9$ (7%) 1%

NYSE SAH GAAP Income Statement – Annual Trend – EchoPark Segment 25 NM = Not MeaningfulNote: Gross profit per unit metrics are calculated based on actual unrounded amounts. FY 2025 Better / (Worse) % Change (In millions, except unit, per unit, and per share data) FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 Year-Over-Year Revenues: Total new vehicles -$ -$ 1.0$ 9.2$ 9.0$ 0% Used vehicles 1,747.8 1,838.0 2,143.8 2,116.8 2,032.6 (5%) Wholesale vehicles 104.6 95.8 168.1 209.9 82.4 NM Total vehicles 1,852.4 1,933.8 2,312.9 2,335.9 2,124.0 (4%) Finance, insurance and other, net ("F&I") 219.2 194.0 177.9 166.4 193.7 13% Total revenues 2,071.6 2,127.8 2,434.4 2,463.0 2,345.3 (3%) Gross profit: Total new vehicles - - 0.1 1.1 1.1 0% Used vehicles 16.5 15.2 (17.1) 4.4 (55.2) 8% Wholesale vehicles (1.8) (1.3) 1.9 2.4 7.3 NM Total vehicles 14.7 13.9 (15.1) 7.9 (46.8) 6% Finance, insurance and other, net 219.2 194.0 177.9 166.4 193.7 13% Total gross profit 233.9 207.9 161.8 175.1 148.8 13% SG&A expenses (172.8) (165.7) (247.0) (269.9) (197.8) (4%) Impairment charges (0.2) (2.7) (78.3) (204.9) (0.1) NM Depreciation and amortization (20.4) (21.8) (26.6) (24.6) (16.3) 6% Operating income (loss) 40.5 17.7 (190.1) (324.3) (65.4) 128% Interest expense, floor plan (11.1) (14.2) (17.4) (10.6) (5.0) 22% Interest expense, other, net (1.5) (2.7) (3.2) (3.9) (1.7) 46% Other income (expense), net - - (0.1) - - NM Income (loss) before taxes 27.9$ 0.8$ (210.8)$ (338.8)$ (72.1)$ 3383% Unit sales volume: Retail new vehicles - - 11 152 128 0% Used vehicles 67,636 69,053 73,676 64,107 77,835 (2%) Wholesale vehicles 11,836 11,059 11,512 11,236 11,667 7% Gross profit per unit ("GPU"): Retail new vehicles N/A N/A 6,934$ 7,510$ 8,303$ NM Total used vehicle and F&I 3,484$ 3,029$ 2,183$ 2,657$ 1,762$ 15%

NYSE SAH Non-GAAP Reconciliation – Annual Trend – EchoPark Segment 26 Note: SG&A expenses as a percentage of gross profit metrics are calculated based on actual unrounded amounts. (In millions) FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 Reported income (loss) before taxes 27.9$ 0.8$ (210.8)$ (338.8)$ (72.1)$ Impairment charges 0.2 2.7 78.3 204.9 0.1 Segment income (loss) 28.1$ 3.5$ (132.5)$ (133.9)$ (72.0)$ Acquisition and disposition-related (gain) loss (0.9) (2.1) 0.3 - - Severance and long-term compensation charges - 2.8 5.1 - 6.5 Loss (gain) on exit of leased dealerships - (3.0) 4.3 - - Used vehicle inventory valuation adjustment - - 10.0 - - Excess compensation related to CDK outage - 0.4 - - - Closed store accrued expenses - 2.1 - - - Adjusted segment income (loss) 27.2$ 3.7$ (112.8)$ (133.9)$ (65.5)$ Reported gross profit 233.9$ 207.9$ 161.8$ 175.1$ 148.8$ Used vehicle inventory valuation adjustment - - 10.0 - - Adjusted gross profit 233.9$ 207.9$ 171.8$ 175.1$ 148.8$ Reported SG&A expenses (172.8)$ (165.7)$ (247.0)$ (269.9)$ (197.8)$ Acquisition and disposition-related (gain) loss (0.9) (2.1) 0.3 - - Severance and long-term compensation charges - 2.8 5.1 - 6.5 Loss (gain) on exit of leased dealerships - (3.0) 4.3 - - Excess compensation related to CDK outage - 0.4 - - - Closed store accrued expenses - 2.1 - - - Adjusted SG&A expenses (173.7)$ (165.5)$ (237.3)$ (269.9)$ (191.3)$ Adjusted SG&A expenses as a percentage of gross profit 74.2% 79.6% 138.2% 154.1% 128.6% Income (loss) before taxes 27.9$ 0.8$ (210.8)$ (338.8)$ (72.1)$ Non-floor plan interest 1.6 2.6 3.2 3.7 1.7 Depreciation and amortization 20.4 21.6 26.6 24.8 16.4 Loss (gain) on exit of leased dealerships - (3.0) 4.3 - - Impairment charges 0.2 2.7 78.3 204.9 0.1 Severance and long-term compensation charges - 2.9 5.1 - 8.0 Excess compensation related to CDK outage - 0.4 - - - Acquisition and disposition-related (gain) loss (0.9) (2.5) 0.3 - (0.4) Closed store accrued expenses - 2.1 - - - Used vehicle inventory valuation adjustment - - 10.0 - - Adjusted EBITDA 49.2$ 27.6$ (83.0)$ (105.4)$ (46.3)$ Adjusted EBITDA - Closed Stores 0.9$ (4.9)$ (33.5)$ (35.3)$ (19.3)$ Adjusted EBITDA - EchoPark Operations (with Holding Company) 48.3 32.5 (49.5) (70.1) (27.0) Adjusted EBITDA - Total EchoPark Segment 49.2$ 27.6$ (83.0)$ (105.4)$ (46.3)$

NYSE SAH GAAP Income Statement – Quarterly Trend – EchoPark Segment 27 NM = Not MeaningfulNote: Gross profit per unit metrics are calculated based on actual unrounded amounts. Q1 2026 Better / (Worse) % Change (In millions, except unit and per unit data) Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Sequential Year-Over-Year Revenues: Used vehicles 491.8$ 407.5$ 439.2$ 427.4$ 473.7$ 21% 4% Wholesale vehicles 27.3 21.5 30.4 25.4 27.3 NM NM Total vehicles 519.1 429.0 469.6 452.8 501.0 21% 4% Finance, insurance and other, net ("F&I") 61.4 51.7 52.9 55.8 58.7 19% 5% Total revenues 580.5 480.7 522.5 508.6 559.7 21% 4% Gross profit: Used vehicles 6.3 2.1 2.0 6.9 5.4 198% 17% Wholesale vehicles 0.2 (0.3) (0.5) (0.6) (0.2) NM NM Total vehicles 6.5 1.8 1.5 6.3 5.2 263% 25% Finance, insurance and other, net 61.4 51.7 52.9 55.8 58.7 19% 5% Total gross profit 67.9 53.5 54.4 62.1 63.9 27% 6% SG&A expenses (42.7) (42.2) (43.5) (42.2) (44.8) (1%) 5% Impairment charges - - - - (0.2) NM NM Depreciation and amortization (5.7) (4.9) (5.1) (5.2) (5.2) (16%) (10%) Operating income (loss) 19.5 6.4 5.8 14.7 13.7 205% 42% Interest expense, floor plan (3.0) (2.5) (2.8) (2.6) (3.1) (20%) 3% Interest expense, other, net (0.3) (0.3) (0.4) (0.4) (0.4) 10% 25% Other income (expense), net - - - - (0.1) NM NM Income (loss) before taxes 16.2$ 3.6$ 2.6$ 11.7$ 10.1$ 355% 60% Unit sales volume: Used vehicles 19,326 15,743 16,353 16,742 18,798 23% 3% Wholesale vehicles 3,127 2,365 3,224 3,097 3,150 32% (1%) Gross profit per unit ("GPU"): Total used vehicle and F&I 3,502$ 3,420$ 3,359$ 3,747$ 3,411$ 2% 3%

NYSE SAH Non-GAAP Reconciliation – Quarterly Trend – EchoPark Segment 28 NM = Not MeaningfulNote: SG&A expenses as a percentage of gross profit metrics are calculated based on actual unrounded amounts. Q1 2026 Better / (Worse) % Change (In millions) Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Sequential Year-Over-Year Reported income (loss) before taxes 16.2$ 3.6$ 2.6$ 11.7$ 10.1$ 355% 60% Impairment charges - - - - 0.2 NM NM Segment income (loss) 16.2$ 3.6$ 2.6$ 11.7$ 10.3$ 355% 57% Acquisition and disposition-related (gain) loss - - 0.1 (0.8) (0.2) NM NM Loss (gain) on exit of leased dealerships (3.6) - - - - NM NM Adjusted segment income (loss) 12.6$ 3.6$ 2.7$ 10.9$ 10.1$ 254% 25% Reported gross profit 67.9$ 53.5$ 54.4$ 62.1$ 63.9$ 27% 6% Reported SG&A expenses (42.7)$ (42.2)$ (43.5)$ (42.2)$ (44.8)$ (1%) 5% Acquisition and disposition-related (gain) loss - - 0.1 (0.8) (0.2) NM NM Loss (gain) on exit of leased dealerships (3.6) - - - - NM NM Adjusted SG&A expenses (46.3)$ (42.2)$ (43.4)$ (43.0)$ (45.0)$ (10%) (3%) Adjusted SG&A expenses as a percentage of gross profit 68.2% 78.9% 79.8% 69.3% 70.4% 1,070 bps 220 bps Income (loss) before taxes 16.2$ 3.6$ 2.6$ 11.7$ 10.1$ 355% 60% Non-floor plan interest 0.3 0.3 0.4 0.4 0.5 NM NM Depreciation and amortization 5.7 4.9 5.1 5.1 5.2 NM NM Loss (gain) on exit of leased dealerships (3.6) - - - - NM NM Impairment charges - - - - 0.2 NM NM Acquisition and disposition-related (gain) loss - - 0.1 (0.8) (0.2) NM NM Adjusted EBITDA 18.6$ 8.8$ 8.2$ 16.4$ 15.8$ 111% 18% Adjusted EBITDA - Closed Stores 0.8$ 0.4$ 0.1$ 0.4$ -$ 100% 900% Adjusted EBITDA - EchoPark Operations (with Holding Company) 17.8 8.4 8.1 16.0 15.8 112% 12% Adjusted EBITDA - Total EchoPark Segment 18.6$ 8.8$ 8.2$ 16.4$ 15.8$ 111% 18%

NYSE SAH GAAP Income Statement – Annual Trend – Powersports Segment 29 NM = Not MeaningfulNote: Gross profit per unit metrics are calculated based on actual unrounded amounts. FY 2025 Better / (Worse) % Change (In millions, except unit and per unit data) FY 2025 FY 2024 FY 2023 FY 2022 Year-Over-Year Revenues: Retail new vehicles 105.5$ 82.0$ 88.6$ 31.8$ 29% Used vehicles 37.9 22.3 19.5 7.1 70% Wholesale vehicles 2.4 2.3 2.6 0.3 NM Total vehicles 145.8 106.6 110.7 39.2 37% Parts, service and collision repair 48.9 43.6 45.3 11.7 12% Finance, insurance and other, net ("F&I") 8.2 7.1 7.2 2.6 17% Total revenues 202.9 157.3 163.2 53.5 29% Gross profit: Retail new vehicles 15.7 11.5 16.6 6.3 36% Used vehicles 6.8 5.3 5.4 2.0 28% Wholesale vehicles (0.1) (0.3) (0.2) 0.1 NM Total vehicles 22.4 16.5 21.8 8.4 34% Parts, service and collision repair 23.2 20.1 21.3 5.8 16% Finance, insurance and other, net 8.2 7.1 7.2 2.6 17% Total gross profit 53.8 43.7 50.3 16.8 23% SG&A expenses (41.8) (35.9) (38.9) (12.3) (17%) Impairment charges (7.6) - - - NM Depreciation and amortization (5.3) (4.2) (3.4) (1.0) (22%) Operating income (loss) (0.9) 3.6 8.0 3.5 (125%) Interest expense, floor plan (1.6) (2.1) (0.6) - 23% Interest expense, other, net (2.8) (2.6) (1.7) (1.0) (8%) Other income (expense), net - - - 0.2 NM Income (loss) before taxes (5.3)$ (1.1)$ 5.7$ 2.7$ (403%) Unit sales volume: Retail new vehicles 5,143 4,244 4,842 1,592 21% Used vehicles 3,442 2,228 2,261 590 54% Wholesale vehicles 278 146 216 35 90% Gross profit per unit ("GPU"): Retail new vehicles 3,050$ 2,713$ 3,435$ 3,973$ 12% Used vehicles 1,980$ 2,397$ 2,394$ 3,349$ (17%) F&I 959$ 1,092$ 1,017$ 1,205$ (12%)

NYSE SAH Non-GAAP Reconciliation – Annual Trend – Powersports Segment 30 Note: SG&A expenses as a percentage of gross profit metrics are calculated based on actual unrounded amounts. (In millions) FY 2025 FY 2024 FY 2023 FY 2022 Reported income (loss) before taxes (5.3)$ (1.1)$ 5.7$ 2.7$ Impairment charges 7.6 - - - Segment income (loss) 2.3$ (1.1)$ 5.7$ 2.7$ Acquisition and disposition-related (gain) loss 1.1 - - - Long-term compensation charges - 0.5 - - Adjusted segment income (loss) 3.4$ (0.6)$ 5.7$ 2.7$ Reported SG&A expenses (41.8)$ (35.9)$ (38.9)$ (12.3)$ Acquisition and disposition-related (gain) loss 1.1 - - - Long-term compensation charges - 0.5 - - Adjusted SG&A expenses (40.7)$ (35.4)$ (38.9)$ (12.3)$ Adjusted SG&A expenses as a percentage of gross profit 75.8% 80.9% 77.2% 73.4% Income (loss) before taxes (5.3) (1.1) 5.7 2.7 Non-floor plan interest 2.8 2.6 1.7 1.0 Depreciation and amortization 5.3 4.3 3.4 0.9 Impairment charges 7.6 - - - Severance and long-term compensation charges - 0.5 - - Acquisition and disposition-related (gain) loss 1.1 - - - Adjusted EBITDA 11.5$ 6.3$ 10.8$ 4.6$

NYSE SAH GAAP Income Statement – Quarterly Trend – Powersports Segment 31 NM = Not MeaningfulNote: Gross profit per unit metrics are calculated based on actual unrounded amounts. Q1 2026 Better / (Worse) % Change (In millions, except unit and per unit data) Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Sequential Year-Over-Year Revenues: Retail new vehicles 22.3$ 20.4$ 38.8$ 26.9$ 19.4$ 9% 15% Used vehicles 9.2 6.6 17.2 8.3 5.7 39% 61% Wholesale vehicles 0.2 0.4 1.0 0.3 0.8 NM NM Total vehicles 31.7 27.4 57.0 35.5 25.9 16% 23% Parts, service and collision repair 7.4 7.5 23.8 10.6 7.0 (1%) 6% Finance, insurance and other, net ("F&I") 1.8 1.5 3.3 2.0 1.5 19% 20% Total revenues 40.9 36.4 84.1 48.1 34.4 12% 19% Gross profit: Retail new vehicles 3.2 3.0 6.1 3.9 2.7 8% 19% Used vehicles 1.6 1.2 2.9 1.6 1.1 30% 45% Wholesale vehicles - - (0.1) - (0.2) NM NM Total vehicles 4.8 4.2 8.9 5.5 3.6 15% 33% Parts, service and collision repair 3.5 3.7 11.1 5.0 3.4 (5%) 3% Finance, insurance and other, net 1.8 1.5 3.3 2.0 1.5 19% 20% Total gross profit 10.1 9.4 23.3 12.5 8.5 8% 19% SG&A expenses (9.9) (9.0) (13.0) (10.2) (9.6) (10%) (3%) Impairment charges - - - (6.5) (1.1) NM NM Depreciation and amortization (1.2) (1.4) (1.3) (1.2) (1.2) 15% 0% Operating income (loss) (1.0) (1.0) 9.0 (5.4) (3.4) 4% 71% Interest expense, floor plan (0.4) (0.3) (0.4) (0.4) (0.5) (70%) 20% Interest expense, other, net (0.7) (0.7) (0.7) (0.7) (0.7) 2% 0% Other income (expense), net 0.1 - (0.1) - - NM NM Income (loss) before taxes (2.0)$ (2.0)$ 7.8$ (6.5)$ (4.6)$ 0% 57% Unit sales volume: Retail new vehicles 1,124 1,085 1,671 1,394 993 4% 13% Used vehicles 832 640 1,407 817 578 30% 44% Wholesale vehicles 49 76 84 58 60 NM NM Gross profit per unit ("GPU"): Retail new vehicles 2,891$ 2,742$ 3,655$ 2,828$ 2,681$ 5% 8% Used vehicles 1,938$ 1,927$ 2,048$ 2,014$ 1,823$ 1% 6% F&I 907$ 874$ 1,066$ 889$ 943$ 4% (4%)

NYSE SAH Non-GAAP Reconciliation – Quarterly Trend – Powersports Segment 32 NM = Not MeaningfulNote: SG&A expenses as a percentage of gross profit metrics are calculated based on actual unrounded amounts. Q1 2026 Better / (Worse) % Change (In millions) Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Sequential Year-Over-Year Reported income (loss) before taxes (2.0)$ (2.0)$ 7.8$ (6.5)$ (4.6)$ 0% 57% Impairment charges - - - 6.5 1.1 NM NM Segment income (loss) (2.0)$ (2.0)$ 7.8$ -$ (3.5)$ 0% 43% Acquisition and disposition-related (gain) loss - - 0.2 - 0.9 NM NM Adjusted segment income (loss) (2.0)$ (2.0)$ 8.0$ -$ (2.6)$ 0% 23% Reported gross profit 10.1$ 9.4$ 23.3$ 12.5$ 8.5$ 8% 19% Reported SG&A expenses (9.9)$ (9.0)$ (13.0)$ (10.2)$ (9.6)$ (10%) (3%) Acquisition and disposition-related (gain) loss - - 0.2 - 0.9 NM NM Adjusted SG&A expenses (9.9)$ (9.0)$ (12.8)$ (10.2)$ (8.7)$ (9%) (13%) Adjusted SG&A expenses as a percentage of gross profit 97.7% 96.2% 55.1% 81.1% 102.0% (150) bps 430 bps Income (loss) before taxes (2.0)$ (2.0)$ 7.8$ (6.5)$ (4.6)$ 0% 57% Non-floor plan interest 0.7 0.7 0.7 0.7 0.7 NM NM Depreciation and amortization 1.2 1.4 1.4 1.3 1.2 NM NM Impairment charges - - - 6.5 1.1 NM NM Acquisition and disposition-related (gain) loss - - 0.2 - 0.9 NM NM Adjusted EBITDA (0.1)$ 0.1$ 10.1$ 2.0$ (0.7)$ (200%) 86%

NYSE SAH Non-GAAP Reconciliation – SG&A Expenses as % of Gross Profit Franchised Dealerships Segment 33 NM = Not MeaningfulNote: SG&A expenses as a percentage of gross profit metrics are calculated based on actual unrounded amounts. (In millions) FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 Reported: Compensation 719.6$ 858.0$ 856.6$ 892.4$ 956.9$ 226.4$ 240.1$ Advertising 26.1 36.9 40.5 55.1 69.9 15.8 18.7 Rent 46.6 42.4 40.3 39.2 44.3 9.7 12.4 Other 284.6 335.7 377.2 388.7 392.5 74.0 103.2 Total SG&A expenses 1,076.9$ 1,273.0$ 1,314.6$ 1,375.4$ 1,463.6$ 325.9$ 374.4$ Adjustments: Acquisition and disposition-related gain (loss) (1.2)$ 9.1$ 20.9$ 3.5$ (5.5)$ (0.3)$ 5.1$ Severance and long-term compensation charges - (4.4) - (2.2) - - - Storm damage charges - - (1.9) (8.3) (5.0) (0.9) - Excess compensation related to CDK outage - - - (11.0) - - - Cyber insurance proceeds - - - 10.0 40.0 30.0 - Legal settlements - - - - (0.7) - - Total SG&A adjustments (1.2) 4.7 19.0 (8.0) 28.8 28.8 5.1 Adjusted: Adjusted SG&A expenses 1,075.7$ 1,277.7$ 1,333.6$ 1,367.4$ 1,492.4$ 354.7$ 379.5$ Reported: Compensation 40.8% 40.4% 42.1% 46.0% 45.7% 45.8% 46.1% Advertising 1.5% 1.7% 2.0% 2.8% 3.3% 3.2% 3.6% Rent 2.6% 2.0% 2.0% 2.0% 2.1% 2.0% 2.4% Other 16.1% 15.8% 18.5% 20.1% 18.8% 15.0% 19.8% Total SG&A expenses as % of gross profit 61.0% 59.9% 64.6% 70.9% 69.9% 66.0% 71.9% Adjustments: Acquisition and disposition-related gain (loss) (0.1%) 0.4% 1.1% 0.2% (0.3%) (0.1%) 1.0% Severance and long-term compensation charges 0.0% (0.2%) 0.0% (0.1%) 0.0% 0.0% 0.0% Storm damage charges 0.0% 0.0% (0.1%) (0.5%) (0.2%) (0.2%) 0.0% Excess compensation related to CDK outage 0.0% 0.0% 0.0% (0.7%) 0.0% 0.0% 0.0% Cyber insurance proceeds 0.0% 0.0% 0.0% 0.6% 1.8% 6.1% 0.0% Legal settlements 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Total effect of adjustments (0.1%) 0.2% 1.0% (0.5%) 1.3% 5.8% 1.0% Adjusted: Compensation 40.8% 40.2% 42.1% 45.2% 45.7% 45.8% 46.1% Advertising 1.5% 1.7% 2.0% 2.8% 3.3% 3.2% 3.6% Rent 2.6% 2.0% 2.0% 2.0% 2.1% 2.0% 2.4% Other 16.0% 16.2% 19.5% 20.4% 20.1% 20.8% 20.8% Total adjusted SG&A expenses as % of gross profit 60.9% 60.1% 65.6% 70.4% 71.2% 71.8% 72.9% Reported: Total gross profit 1,765.6$ 2,125.1$ 2,033.6$ 1,941.2$ 2,095.2$ 494.0$ 520.7$ Excess compensation related to CDK outage - - - 2.0 - - - Adjusted gross profit 1,765.6$ 2,125.1$ 2,033.6$ 1,943.2$ 2,095.2$ 494.0$ 520.7$

ir@sonicautomotive.com ir.sonicautomotive.com Investor Relations Contact: Danny Wieland, Vice President, Investor Relations & Financial Reporting Sonic Automotive Inc. (NYSE: SAH) Email: ir@sonicautomotive.com Investor Relations Website: ir.sonicautomotive.com

Source: View Original Filing on SEC EDGAR

FAQ

How did Sonic Automotive (SAH) perform financially in Q1 2026?

Sonic Automotive reported Q1 2026 revenue of $3.69 billion, up 1% year-over-year, and gross profit of $598.8 million, up 6%. Reported net income was $60.8 million with diluted EPS of $1.79, while adjusted net income was $54.9 million and adjusted EPS $1.62.

What were the key results for Sonic Automotive’s EchoPark Segment in Q1 2026?

EchoPark delivered record Q1 2026 performance with revenue of $580.5 million, up 4%, and gross profit of $67.9 million, up 6%. Segment income reached an all‑time high of $16.2 million, while adjusted EBITDA rose to $18.6 million, up 18% year‑over‑year.

How much stock did Sonic Automotive (SAH) repurchase in Q1 2026?

During Q1 2026, Sonic repurchased approximately 2.1 million shares of its Class A common stock for an aggregate $135.7 million. This buyback represented about a 6% reduction in outstanding shares compared with December 31, 2025, significantly shrinking the equity base.

Did Sonic Automotive (SAH) change its dividend in Q1 2026?

Yes. Sonic’s Board approved an 8% increase in the quarterly cash dividend to $0.41 per share. The dividend is payable on July 15, 2026 to shareholders of record as of June 15, 2026, enhancing total shareholder return.

How did Sonic Automotive’s Powersports Segment perform in Q1 2026?

The Powersports Segment posted first‑quarter record revenue of $40.9 million, up 19%, and gross profit of $10.1 million, also up 19%. The segment reported a smaller loss before taxes of $2.0 million, compared with a $4.6 million loss in the prior‑year period.

What was Sonic Automotive’s liquidity position as of March 31, 2026?

As of March 31, 2026, Sonic Automotive held approximately $381 million in cash and floor plan deposits, with total liquidity of about $770 million. This liquidity supports ongoing operations, capital investments and the company’s share repurchase and dividend programs.

Filing Exhibits & Attachments

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Sonic Automotive (NYSE: SAH) posts Q1 2026 results, boosts buybacks and dividend

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FAQ

How did Sonic Automotive (SAH) perform financially in Q1 2026?

What were the key results for Sonic Automotive’s EchoPark Segment in Q1 2026?

How much stock did Sonic Automotive (SAH) repurchase in Q1 2026?

Did Sonic Automotive (SAH) change its dividend in Q1 2026?

How did Sonic Automotive’s Powersports Segment perform in Q1 2026?

What was Sonic Automotive’s liquidity position as of March 31, 2026?

Filing Exhibits & Attachments

Press Releases

Other Documents

Sonic Automotive (NYSE: SAH) posts Q1 2026 results, boosts buybacks and dividend

Rhea-AI Filing Summary

Positive

Negative

Insights

Equity analyst – autos and consumer retail positive

8-K Event Classification

Key Figures

Key Terms

Earnings Snapshot

FAQ

How did Sonic Automotive (SAH) perform financially in Q1 2026?

What were the key results for Sonic Automotive’s EchoPark Segment in Q1 2026?

How much stock did Sonic Automotive (SAH) repurchase in Q1 2026?

What new share repurchase authorization did Sonic Automotive announce?

Did Sonic Automotive (SAH) change its dividend in Q1 2026?

How did Sonic Automotive’s Powersports Segment perform in Q1 2026?

What was Sonic Automotive’s liquidity position as of March 31, 2026?

Filing Exhibits & Attachments

Press Releases

Other Documents