Sonic Automotive, Inc. (NYSE:SAH) Q4 2024 Earnings Conference Call February 12, 2025 11:00 AM ET

Company Participants

David Smith – Chairman and CEO
Jeff Dyke – President
Danny Wieland – VP, IR
Heath Byrd – EVP and CFO
Tim Keen – EchoPark COO

Conference Call Participants

John Murphy – Bank of America
Rajat Gupta – JPMorgan
Bret Jordan – Jefferies
Jeff Lick – Stephens
Chris Pierce – Needham & Company

Operator

Good morning, and welcome to the Sonic Automotive Fourth Quarter 2024 Earnings Conference Call. This conference call is being recorded today, Wednesday, February 12, 2025. Presentation materials, which accompany management’s discussions on the conference call can be accessed at the company’s website at ir.sonicautomotive.com.

At this time, I’d like to refer to the Safe Harbor statement under the Private Securities Litigation Reform Act of 1995. During this conference call, management may discuss financial projections, information, or expectations about the company’s products or market or otherwise make statements about the future. Such statements are forward-looking and subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These risks and uncertainties are detailed in the company’s filings with the Securities and Exchange Commission.

In addition, management may discuss certain non-GAAP financial measures as defined by the Securities and Exchange Commission. Please refer to the non-GAAP reconciliation tables in the company’s current report on Form 8-K filed with the Securities and Exchange Commission earlier today.

I’d now like to introduce Mr. David Smith, Chairman and Chief Executive Officer of Sonic Automotive. Mr. Smith, you may begin your conference.

David Smith

Thank you very much, and good morning, everyone. Welcome to the Sonic Automotive fourth quarter 2024 earnings call. As he mentioned, I’m David Smith, the company’s Chairman and CEO. Joining me on today’s call is our President, Jeff Dyke; our CFO, Heath