Financials

Ran across this interesting note today. It’s the transcript of a financial results disclosure from Sonic Automotive Holdings, which operates a chain of dealerships (many of which have fast lubes attached). Sounds like SAH had a tough quarter, but it’s interesting to note that their quick lube business was up 34 percent (trust me, that fact is buried in there somewhere). Good news or bad news for traditional fast lubes?

About National Oil & Lube News

National Oil & Lube News is the fast oil change industry's oldest and largest trade publication. Started in 1986 by Steve Hurt (a former fast lube owner) and David Arrington, NOLN has grown and evolved right alongside the fast lube industry. Here at NOLN, our aim is to help fast lube operators with every facet of their business, from operations to technical issues. Our monthly magazine and this regularly updated website contain everything from technical tips, recall announcements and service guides to articles on handling customer complaints, building your brand and making your business the best it can be. With tips and advice from experts both inside and outside the industry, you're sure to learn something that can help your fast lube business grow and prosper.
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