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Sonic’s Parts Sales Up 5.4 Percent, Service Sales Up 4.4 Percent

Sonic Automotive’s third-quarter 2011 parts, service and collision repair gross profit rose 3.1 percent to $144.99 million on a sales increase of 5 percent. Parts sales grew 5.4 percent to $158.99 million, while service sales increased 4.4 percent to $125.98 million. Collision repair revenue rose 6 percent to $12.99 million.

Customer pay revenue was up 4.1 percent, warranty revenue down 5.1 percent and wholesale parts revenue up 15 percent for the three months ended Sept. 30, 2011. Sonic operates 136 dealership franchises at 119 locations across 15 states. The company also has 24 collision repair centers.