Sonic 1Q net income rises 22.9%

Sonic 1Q net income rises 22.9%

Same-store sales increase at company, franchised units

Sonic Corp.’s net income rose 22.9 percent for the first quarter ended Nov. 30, with same-store sales increasing at both company and franchised units, Sonic reported Tuesday.

Oklahoma City-based Sonic said same-store sales increased 8.5 percent systemwide, including 8.5 percent at franchised locations and 7.9 percent at company units.

“We are extremely pleased with our performance in the first quarter and believe that our focus on innovative produ

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