Friday, 15 February 2019

Sonic warns of weaker Q4 profits related to BMW, Honda challenges

Sonic Automotive — for the second time in three quarters — has issued a profit warning for weaker-than-predicted quarterly results related to incentives and performance from BMW and Honda. The retailer is set to release fourth-quarter results Feb. 20.

source https://www.autonews.com/retail/sonic-warns-weaker-q4-profits-related-bmw-honda-challenges

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