索尼克汽车 2025年季度报告

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth Acceleratedfiler☐Smallerreportingcompany☐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 orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ UNCERTAINTY OF FORWARD-LOOKING STATEMENTS AND INFORMATION This report contains, and written or oral statements made from time to time by us or by our authorized officers may contain, “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements addressour future objectives, plans and goals, as well as our intent, beliefs and current expectations regarding future operating performance, results These forward-looking statements are based on our current estimates and assumptions and involve various risks and uncertainties. As aresult, you should not place undue reliance on these statements, and you are cautioned that these forward-looking statements are notguarantees of future performance, and that actual results could differ materially from those projected in these forward-looking statements.Factors which may cause actual results to differ materially from our projections include those risks described in “Item1A. Risk Factors” of •high levels of competition in the retail automotive industry, which not only create pricing pressures on the products and services weoffer, but also on businesses we may seek to acquire;•challenges to the business model of our franchised dealerships from existing manufacturers and new technology-focused companies;•the inability of vehicle manufacturers and their suppliers to obtain, produce and deliver vehicles or parts and accessories to meetdemand at our franchised dealerships for sale and use in our parts, service and collision repair operations;•general economic conditions in the markets in which we operate, including fluctuations in interest rates, inflation, vehicle valuations,employment levels, the level of consumer spending and consumer credit availability;•obstacles that prevent the efficient acquisition and liquidation of used vehicle inventory;•the number of new and used vehicles sold in the United States, including hybrid electric vehicles and battery electric vehicles, ascompared to our expectations and the expectations of the market;•our ability to generate sufficient cash flows or to obtain additional financing to fund our business expansion, capital expenditures, ourshare repurchase program, dividends on our common stock, acquisitions and general operating activities;•our business and growth strategies, including, but not limited to, our EchoPark store operations and investment in new technologies;•the reputation and financial condition of vehicle manufacturers whose brands we represent, the financial incentives vehiclemanufacturers offer and their ability to design, manufacture, deliver and market their vehicles successfully; •our relationships with vehicle manufacturers, which may affect our ability to obtain desirable new vehicle models in inventory or tocomplete additional acquisitions or dispositions; •the adverse resolution of one or more significant legal proceedings against us or our subsidiaries; •changes in laws and regulations governing the operation of automobile franchises, accounting standards, taxation requirements andenvironmental laws; •cybersecurity incidents and other disruptions to our information systems; •changes in vehicle and parts import quotas, duties, tariffs or other restrictions, including supply shortages that could be caused byglobal political and economic factors or other supply chain disruptions; •our ability to make and integrate acquisitions; •our ability to obtain debt on commercially favorable terms;•the rate and timing of recovery from, and the impact of, the CDK Global software outage and future cybersecurity incidents on ourbusiness;•the significant control that our principal stock