Sonic's 2nd-Q profit jumps 49%

OKLAHOMA CITY Sonic Corp., parent to the 3,400-unit drive-in brand, based here, reported a 49-percent year-to-year surge in net income for its February-ended quarter, on both sales growth and a favorable comparison to year-earlier results that were hurt by one-time charges.

Sonic’s second-quarter net income totaled $9.3 million, or 15 cents per share, compared with $6.2 million, or 9 cents per share, in the same period last year.

The large increase in

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