Sonic 3Q profit rises 21.9%

Sonic 3Q profit rises 21.9%

Same-store sales increase 6.1 percent at drive-in chain

Sonic Corp.’s net income rose 21.9 percent during the third quarter ended May 31, with same-store sales continuing to grow, the company reported Monday.

The Oklahoma City-based drive-in operator said profit rose to $20.4 million, or 38 cents per share, from $16.8 million, or 30 cents per share, the previous year. Revenue rose 8.3 percent, to $164.7 million, from $152.2 million the previous year.

Third-quarter systemwide same-store sales increased 6.1 percent, Sonic sai

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