Sonic Corp (SONC) Tops Q4 EPS by 8c, Offers FY16 Outlook

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Go back to Sonic Corp (SONC) Tops Q4 EPS by 8c, Offers FY16 Outlook

Sonic Earnings Per Share Rise 47% for the Fourth Fiscal Quarter of 2015

October 19, 2015 4:04 PM EDT

41% Increase in Earnings Per Share for the Fiscal Year

OKLAHOMA CITY--(BUSINESS WIRE)-- Sonic Corp. (NASDAQ: SONC), the nations largest chain of drive-in restaurants, today announced results for its fourth fiscal quarter and year ended August 31, 2015.

Key highlights of the companys fiscal year 2015 included:

Net income per diluted share was $1.20 compared with net income per diluted share of $0.85 in fiscal 2014; excluding certain adjustments outlined below, net income per diluted share increased 31% to $1.10 compared with $0.84 in fiscal 2014; System same-store sales increased 7.3%, consisting... More