
Analysts at Stephens upgrade Sonic ( SONC ) to Overweight from Equal Weight on a valuation call tied to sales momentum building up at the restaurant operator. Shares +0.9% premarket. Post your comment!
Despite fierce industry competition, Sonic remains a compelling long-term growth play.
Sonic ( SONC -5.3% ) slips as its FQ2 revenue disappoints. Earnings fell 61% on weak Y/Y comps, as the operator of quick- service drive-in restaurants posted a one-time debt-related gain in the year ago period. Post your comment!
Sonic ( SONC ): FQ2 EPS of $0.03 beats by $0.01 . Revenue of $115M (+1.4% Y/Y) in-line. Shares -2.4% AH. ( PR ) Post your comment!
With Sonic's SONC second-quarter sales results coming in consistent with preliminary results reported earlier in the month (3.5% systemwide
reach close to $2B - fueled in part by interest stirred up by cooking shows on TV. Not sitting still, execs at MCD , WEN , SONC , and JACK are offering up their own "premium" burgers in an attempt to break up the momentum of the niche market. 1 comment
Hello and good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to today's Sonic Corp. Second Quarter 2012 Earnings Conference Call. At this time, all participants are in a listen-only mode. Following the formal remarks, we will conduct a question-and-answer session. ...
Sonic SONC reported preliminary second-quarter sales results Thursday that exceeded our internal expectations and consensus estimates
Sonic ( SONC -6.8% ) tumbled in late trading after announcing ahead of a Merrill conference ( slides - .pdf) its FQ2 same-store sales rose 3.4% Y/Y . Same-store sales rose 0.1% in FQ1 . Post your comment!
a period of economic and commodity cost volatility. Still, we believe other quick-service restaurant operators like Sonic SONC , Jack in the Box JACK, and Wendy's WEN may see proportionately higher operating margin upside this year as a result of easier