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FinancialsSonic's growth continuesSonic's growth continues
Performance, profits and growth up, but stock price performance down - a phenomenon not uncommon in today's all too often skittish market.That's the way No. 5 Sonic Automotive of Charlotte, NC, ended 1999. The company's 110 dealerships (166 franchises as of the end of 1999) generated revenues of $3.35 billion (up 109% from 1998 income of $1.6 billion), but during the year, Sonic's stock price dropped
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