Sonic gets through rough weather with margins intact


Sonic (SONC) navigated the winter weather a little bit better than restaurant chain peers.

The company reports same-store sales were up 1.4% in FQ2 and it managed to improve margins at its drive-ins by 80 bps.

The company says ongoing initiatives will help lift EPS growth by 14% to 15%.

SONC +5.4% AH

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs