Sonic 2Q profit surges 86.6%

Sonic 2Q profit surges 86.6%

Drive-in chain’s same-store sales rise 11.5%

Sonic Corp.’s net income surged 86.6 percent in the second quarter ended Feb. 28, compared with the same period a year ago, the company reported Tuesday.

The Oklahoma City-based drive-in operator said revenue rose 15 percent, to $126.2 million, in the quarter, compared with $109.7 million in the same period last year. Same-store sales, as guided earlier in the month, increased 11.5 percent systemwide.

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish