Sonic Corp (SONC) Tops Q2 EPS by 2c

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Sonic Doubles Earnings Per Share for Second Fiscal Quarter of 2015

March 24, 2015 4:01 PM EDT

Same-Store Sales Increase 11.5%

OKLAHOMA CITY--(BUSINESS WIRE)-- Sonic Corp. (NASDAQ: SONC), the nations largest chain of drive-in restaurants, today announced results for the second fiscal quarter ended February 28, 2015.

Key highlights of the companys second quarter of fiscal year 2015 included:

Net income per diluted share was $0.14 compared with net income per diluted share of $0.07 in the prior-year period; excluding items outlined below, net income per diluted share was $0.13 in the second fiscal quarter of 2015, resulting in an 86% increase, on an adjusted basis;... More