Sonic Corp. drives in solid first quarter
date:Jan 08, 2014
ross all markets.

System-wide same-store sales grew 2.2% during the quarter. The company opened seven new franchise drive-ins, compared with one during the first quarter of fiscal 2013.

For the remainder of the fiscal year, the company expects to drive 14% to 15% earnings per share growth, with positive same-store sales in the low single-digit range, 40 to 50 new franchise drive-in openings and fewer closings than in fiscal 2013 and above-average system performance in the latter half of the fi
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07/24 06:31