Sonic Corp (SONC) Reports In-Line Q3 EPS, Comps Increase 6.1%, Offers Q4 Guidance
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Sonic Announces 6.1% Same-Store Sales Growth for Third Fiscal Quarter of 2015
June 22, 2015 4:01 PM EDTOKLAHOMA CITY--(BUSINESS WIRE)-- Sonic Corp. (NASDAQ: SONC), the nations largest chain of drive-in restaurants, today announced results for the third fiscal quarter ended May 31, 2015.
Key highlights of the companys third quarter of fiscal year 2015 included:
Net income per diluted share was $0.38 compared with net income per diluted share of $0.30 in the prior-year period; excluding tax adjustments of $1.1 million, or $0.02 per share in the third fiscal quarter of 2015, earnings per share would have been $0.36, an increase of 20% from the prior-year same period; System... More