Sonic Corp (SONC) Tops Q4 EPS by 8c, Offers FY16 Outlook
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Sonic Earnings Per Share Rise 47% for the Fourth Fiscal Quarter of 2015
October 19, 2015 4:04 PM EDT41% 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