Results include 29 new drive-ins and an eight percent increase in total revenues.
The company's presentation will be available on the Web for 30 days.
Sonic Corp will provide an online web simulcast of its first quarter fiscal 2007 earnings release conference call on January 4.
In addition to increasing the purchase price to no less than $19.50 per share, Sonic is extending its expiration of its 'modified dutch auction' tender offer.
Expanding on its Ultimate Drink Stop selections, the drive-in concept is introducing low-fat (1 percent) white and chocolate milk in resealable 8-ounce plastic bottles.
The number of shares proposed to be purchased accounts for approximately 30 percent of Sonic's currently outstanding common stock.
Sonic Corp. today announced that it has entered into an agreement with a franchisee for the acquisition of 15 drive-ins located in the company's core markets.
In addition to celebrating its 3000th store opening, Sonic Corp. is also touting third quarter sales growth projections of 4 to 6 percent.
The company also announced the completion of the “PAYS” program in all of its partner drive-ins.
Sonic Drive-In has announced a new line of "Fresh Tastes" salads, featuring grilled chicken, jumbo popcorn chicken, and Santa Fe chicken salads.
Sonic Corp.'s board of directors has approved a three-for-two stock split that will be distributed in the form of a 50 percent stock dividend.
New units opened during 2002 played a significant role in the chain’s 13 percent total revenue increase.
Blame it on the rain: Weather a factor in slowed sales.
Ranking marks Sonic's ninth consecutive year on the 200 Best Small Companies in America list.
“America’s Drive-In” completes sixteenth consecutive year of same-store sales growth.
No change reported in fiscal 2002 and 2003 guidance figures for the drive-in chain.
Company sees fourth quarter performance on track and strong earnings growth ahead in fiscal 2003
Sonic Drive-ins across the nation recently competed for top honors at the eighth annual Dr Pepper Sonic Games.
At the company's 2002 annual meeting, Sonic declared a three-for-two stock split, re-elected three directors, and announced Pattye Moore as president.
Sonic Corp., parent company of the Sonic Drive-in chain, announced its system surpassed $2 billion in annual sales in fiscal 2001.