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Sonic Automotive was launched as a public company in November 1997 by O Bruton Smith. At the time, the company had 20 stores, representing 15 brands and several hundred employees. [ 4 ] The Smith family holds over 30% of the total shares outstanding but has over 80% of the voting power [ 5 ] because of a dual-class structure with Super-voting ...
Sonic Automotive, Inc. (NYSE:SAH) shares surged after the company reported third-quarter results and raised its quarterly dividend by 17%. The company’s total revenue declined 4.2% year-over ...
It takes money to make money. Most investors know that, but with business media so focused on the "how much," very few investors bother to ask, "How fast?" When judging a company's prospects, how ...
Sonic Automotive (NYS: SAH) reported earnings on July 23. Here are the numbers you need to know. The 10-second takeaway For the quarter ended June 30 (Q2), Sonic Automotive missed estimates on ...
Sonic Corporation, founded as Sonic Drive-In and more commonly known as Sonic (stylized in all caps), is an American drive-in fast-food chain owned by Inspire Brands, the parent company of Arby's, Dunkin' Donuts and Buffalo Wild Wings. [5] Sonic, founded by Troy N. Smith, Sr., opened its first location in 1953, under the name Top Hat Drive-In. [6]
Ollen Bruton Smith (March 3, 1927 – June 22, 2022) was an American motorsports executive and businessman. He was best known as the owner of two public companies, Speedway Motorsports, Inc. (SMI) and Sonic Automotive.
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Michael Jackson (also known as Mike Jackson) is the retired Chief Executive Officer (effective November 1, 2021) and former Executive Chairman of the Board of Directors (effective February 16, 2021) of AutoNation, Inc. [2] Under his guidance the organization became the largest automotive retailer in the United States, using a more customer-focused, transparent and contemporary business model.