Sonic (SONC) Sees Q3 Comps Up 4 - 6%

April 29, 2011 7:31 AM EDT
Sonic Corp. (NASDAQ: SONC) estimates a 4 - 6 percent comparable-store sales increase in Q311.

This represents an improvement from the 1.2% same-store sales increase experienced in its second fiscal quarter. In addition, company-owned drive-ins continued to outperform franchise drive-ins in terms of same-store sales growth.


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Guidance, Retail Sales