Sonic Corp (SONC) Tops Q2 EPS by 2c, Raises FY16 Outlook
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Sonic Same-Store Sales Grow 6.5% for the Quarter Ending February 29
March 29, 2016 4:05 PM EDTTwo Year Winter Quarter Cumulative Sales Growth Totals 18%
OKLAHOMA CITY--(BUSINESS WIRE)-- Sonic Corp. (NASDAQ: SONC), the nations largest chain of drive-in restaurants, today announced results for its second fiscal quarter ended February 29, 2016.
Key highlights of the companys second quarter of fiscal year 2016 included:
Net income per diluted share increased 57% to $0.22 compared with $0.14 in the same period prior year; adjusted net income per diluted share increased 38% to $0.18 compared with adjusted net income per diluted share of $0.13 in the prior-year period; System... More