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HEADLINES:

McMarket Share: How The Golden Arches Could Benefit From Obamacare
H.J. Huneycutt • Thu, May 9 • 10 Comments
Deteriorating Franchisee ROE: Why I'm Short On Sonic, Part 3
H.J. Huneycutt • Wed, May 8 • 3 Comments
Carhops, Coneys, And Healthcare: Why I'm Short Sonic Drive-Ins, Part II
H.J. Huneycutt • Mon, May 6 • 4 Comments
Carhops, Coneys, And Healthcare: Why I'm Short Sonic Drive-Ins, Part I
H.J. Huneycutt • Wed, May 1 • 15 Comments
Sonic to Present at Barclays Retail and Consumer Discretionary Conference

Business Wire (Apr 23, 2013)
More Bad News For Stock Buybacks
Tim McAleenan Jr. • Thu, Apr 11 • 28 Comments
SONIC Debuts New Lineup of Freshly Brewed Green Iced Teas

Business Wire (Apr 1, 2013)
Cohn & Wolfe Named as New Public Relations Agency of Record for SONIC, America’s Drive-In

Business Wire (Mar 28, 2013)
Sonic Management Discusses Q2 2013 Results - Earnings Call Transcript
Mon, Mar 25
Sonic Doubles Earnings Per Share for Second Fiscal Quarter 2013

Business Wire (Mar 25, 2013)
How Obamacare Could Harm Growth In 2014, Part III
H.J. Huneycutt • Tue, Mar 19 • 72 Comments
Sonic to Release Second Quarter 2013 Financial Results on March 25, 2013

Business Wire (Mar 13, 2013)
Sonic's Management Presents at 2013 Consumer & Retail Conference (Transcript)
Wed, Mar 13
Sonic to Attend Bank of America Merrill Lynch 2013 Consumer & Retail Conference

Business Wire (Mar 6, 2013)
Mobile Advertising Transforms The Entire Advertising Market
Tal Ben-Ami • Mon, Feb 11
Sonic President to Resign

Business Wire (Jan 24, 2013)
Sonic Increases Share Repurchase Program

Business Wire (Jan 17, 2013)
Restaurant Conditions: Comps Cliff Coming
John Gordon • Mon, Jan 14 • 2 Comments
Sonic's Q1 Earnings
Aaron Murdock • Tue, Jan 8
Sonic to Attend the 15th Annual ICR XChange Investor Conference

Business Wire (Jan 7, 2013)

Carhops, Coneys, And Healthcare: Why I'm Short Sonic Drive-Ins, Part I
H.J. Huneycutt • Wed, May 1 • 15 Comments

Deteriorating Franchisee ROE: Why I'm Short On Sonic, Part 3
H.J. Huneycutt • Wed, May 8 • 3 Comments
Carhops, Coneys, And Healthcare: Why I'm Short Sonic Drive-Ins, Part II
H.J. Huneycutt • Mon, May 6 • 4 Comments
Carhops, Coneys, And Healthcare: Why I'm Short Sonic Drive-Ins, Part I
H.J. Huneycutt • Wed, May 1 • 15 Comments
Sonic's Q1 Earnings
Aaron Murdock • Tue, Jan 8
'Two Guys' Ads Are Helping Sonic's Same Store Sales
Chris Katje • Fri, Jun 22, 2012
Analyzing Sonic After Earnings
Aaron Murdock • Thu, Jun 21, 2012
Sonic Releases Earnings On Wednesday, June 20
Vytautas Drumelis • Fri, Jun 15, 2012
Sonic Misses, Expects Improvement In 2012
Zacks Investment Research • Mon, Oct 24, 2011
Restaurant Chain Sonic Sends Mixed Messages
John Gordon • Fri, Jun 24, 2011 • 1 Comment
Sonic Offers Short Prospects Off Earnings-Driven After-Hours Moves
Midnight Trader • Wed, Jun 22, 2011
Sonic Gets a Taste of Improving Economy
Zacks Investment Research • Wed, Mar 23, 2011
The Good, the Bad and the Ugly: A Recommendation on Sonic
Consumer Contrarian • Wed, Feb 2, 2011
Some Barriers to Sonic's Improvement
John Gordon • Thu, Jan 6, 2011
Sonic Corp Misses Q3 Estimates
Zacks Investment Research • Tue, Jun 22, 2010
Sonic: Now Offering Juicy Returns
Ockham Research • Wed, Jun 24, 2009 • 3 Comments
Sonic Q2 2009 Earnings: Too Little Information
John Gordon • Wed, Mar 25, 2009
Sonic: What's Up with the Company Units?
John Gordon • Thu, Oct 23, 2008
Earnings Preview: Sonic Corp.
Theflyonthewall • Thu, Oct 16, 2008
Sonic's Refranchising Thrust: Many Moving Pieces
John Gordon • Thu, Oct 2, 2008
Sonic Corp.: Don't Stop, Keep Driving
Scott Rothbort • Fri, Jun 27, 2008 • 4 Comments

McMarket Share: How The Golden Arches Could Benefit From Obamacare
H.J. Huneycutt • Thu, May 9 • 10 Comments
More Bad News For Stock Buybacks
Tim McAleenan Jr. • Thu, Apr 11 • 28 Comments
How Obamacare Could Harm Growth In 2014, Part III
H.J. Huneycutt • Tue, Mar 19 • 72 Comments
Mobile Advertising Transforms The Entire Advertising Market
Tal Ben-Ami • Mon, Feb 11
Restaurant Conditions: Comps Cliff Coming
John Gordon • Mon, Jan 14 • 2 Comments
Why Chipotle Could Move To $700 In 2013 - A Better Investment Than McDonald's?
The Oxen Group • Fri, Dec 14, 2012 • 18 Comments
McDonald's Lagging Competitors But Looks Ready For Turnaround
The Oxen Group • Fri, Dec 7, 2012 • 11 Comments
Wendy's: Great Fast Food, Bad Investment
Jason Rivera • Wed, Nov 28, 2012 • 16 Comments
Pure Play Restaurant Franchisors Reporting
John Gordon • Tue, Oct 23, 2012 • 2 Comments
Restaurant Margins: Rising Commodity Costs Are Workable
John Gordon • Tue, Sep 11, 2012 • 1 Comment
Restaurant Stocks: 2 Longs And 3 Shorts
Stocks & Shares • Thu, Sep 6, 2012 • 1 Comment
Is McDonald's Setting Up A 2008/2009 Rerun?
Stephen Simpson • Mon, Jul 23, 2012 • 5 Comments
Cramer's Lightning Round - Disney's Cruise Line Is Humming (7/18/12)
SA Editor Miriam Metzinger • Thu, Jul 19, 2012 • 2 Comments
Small Cap Insider Buys Today
Gutone • Fri, Jul 6, 2012
Notable Insider Sells Filed On July 5
StockPandit • Fri, Jul 6, 2012 • 1 Comment
What's Next For The Market: Why We Like Baidu Options, Long Marathon, And Short Home Properties
The Oxen Group • Wed, Jun 20, 2012
Whisper Number Impact: Earnings Previews For Bed Bath & Beyond And Sonic Corp.
WhisperNumber • Tue, Jun 19, 2012
Earnings Reports In The Week Ahead
Aaron Murdock • Mon, Jun 18, 2012 • 1 Comment
2 Stocks To Trade, What's Next For The Market
The Oxen Group • Mon, Jun 18, 2012
Option Spread Portfolio: How To Trade McDonald's Through July
The Oxen Group • Thu, Jun 7, 2012

Sonic Management Discusses Q2 2013 Results - Earnings Call Transcript
Mon, Mar 25
Sonic's Management Presents at 2013 Consumer & Retail Conference (Transcript)
Wed, Mar 13
Sonic Management Discusses Q1 2013 Results - Earnings Call Transcript
Thu, Jan 3
Sonic Management Discusses Q4 2012 Results - Earnings Call Transcript
Tue, Oct 16, 2012 • 1 Comment
Sonic Management Discusses Q3 2012 Results - Earnings Call Transcript
Wed, Jun 20, 2012
Sonic's CEO Discusses Q2 2012 Results - Earnings Call Transcript
Wed, Mar 21, 2012
Sonic's CEO Discusses Q1 2012 Results - Earnings Call Transcript
Wed, Jan 4, 2012 • 1 Comment
Sonic's CEO Discusses Q4 2011 Results - Earnings Call Transcript
Tue, Oct 18, 2011 • 1 Comment
Sonic's CEO Discusses Q3 2011 Results - Earnings Call Transcript
Wed, Jun 22, 2011
Sonic's CEO Discusses Q2 2011 Results - Earnings Call Transcript
Tue, Mar 22, 2011
Sonic Corporation CEO Discusses F1Q2011 Results - Earnings Call Transcript
Tue, Jan 4, 2011
Sonic Corporation CEO Discusses F4Q10 (Qtr End 8/31/10) Earnings Call Transcript
Tue, Oct 19, 2010
Sonic Corporation F3Q10 (Qtr End 05/31/10) Earnings Call Transcript
Tue, Jun 22, 2010
Sonic Corporation F2Q10 (Qtr End 02/28/10) Earnings Call Transcript
Wed, Mar 24, 2010 • 1 Comment
Sonic Corporation F1Q10 (Qtr End 11/30/09) Earnings Call Transcript
Tue, Jan 5, 2010
Sonic Corporation F4Q09 (Qtr End 08/31/09) Earnings Call Transcript
Wed, Oct 21, 2009
Sonic Corporation F3Q09 (Qtr End 05/31/09) Earnings Call Transcript
Wed, Jun 24, 2009 • 2 Comments
Sonic Corporation F2Q09 (Qtr End 02/28/09) Earnings Call Transcript
Tue, Mar 24, 2009
Sonic Corp. F1Q09 (Qtr End 11/30/08) Earnings Call Transcript
Wed, Jan 7, 2009
Sonic Corp. F4Q08 (Qtr End 08/31/08) Earnings Call Transcript
Fri, Oct 17, 2008

Sonic to Present at Barclays Retail and Consumer Discretionary Conference

Business Wire (Apr 23, 2013)
Cure for Tax Day Pain? $10.40 Bagel Bundles, Rib-Bates

at CNBC.com (Apr 13, 2013)
After-Hours Buzz: JBHT, GPS, LNKD & More

at CNBC.com (Apr 11, 2013)
SONIC Debuts New Lineup of Freshly Brewed Green Iced Teas

Business Wire (Apr 1, 2013)
Cohn & Wolfe Named as New Public Relations Agency of Record for SONIC, America’s Drive-In

Business Wire (Mar 28, 2013)
Midday Movers: SHLD, M, SKS & More

at CNBC.com (Mar 26, 2013)
Early Movers: AAPL, BA & More

at CNBC.com (Mar 26, 2013)
After Hours: Sonic shares gain after hours following results

at MarketWatch.com (Mar 25, 2013)
After-Hours Buzz: SONC, THO & More

at CNBC.com (Mar 25, 2013)
Sonic Doubles Earnings Per Share for Second Fiscal Quarter 2013

Business Wire (Mar 25, 2013)
Stocks to Watch: Stocks to watch: BlackBerry to remain in spotlight

at MarketWatch.com (Mar 25, 2013)
Stocks to Watch: Stocks to watch: BlackBerry to remain in spotlight

at MarketWatch.com (Mar 24, 2013)
Sonic to Release Second Quarter 2013 Financial Results on March 25, 2013

Business Wire (Mar 13, 2013)
Sonic to Attend Bank of America Merrill Lynch 2013 Consumer & Retail Conference

Business Wire (Mar 6, 2013)
Sonic President to Resign

Business Wire (Jan 24, 2013)
Sonic Increases Share Repurchase Program

Business Wire (Jan 17, 2013)
Sonic to Attend the 15th Annual ICR XChange Investor Conference

Business Wire (Jan 7, 2013)
Indications: Stock futures hold slight gains after jobs data

at MarketWatch.com (Jan 4, 2013)
After Hours: Sonic, Progress Software get after-hours attention

at MarketWatch.com (Jan 3, 2013)
After-Hours Buzz: CSTR, PRGS & More

at CNBC.com (Jan 3, 2013)

SONC vs. ETF Alternatives

Company Description

Sonic Corp. operates and franchises the largest chain of drive-in restaurants (“Sonic Drive-Ins”) in the United States.

The Sonic Drive-In restaurant chain began in the early 1950’s. Sonic Corp. was incorporated in the State of Delaware in 1990 in connection with its 1991 public offering... More

Sector: Services

Industry: Restaurants

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Monday, April 29, 2:27 PM McDonald's (MCD +1.5%) and Dunkin' Donuts (DNKN +0.4%) are leading a pack of restaurant chains that are extending hours of operation in order to help pump up revenue. In some cases, the plan is pitting some companies against their own franchisees that are somewhat convinced the wee midnight to early breakfast hours aren't unprofitable. Analysts say it depends on the brand. What works for Taco Bell, Denny's, or White Castle might not work for the sector as a whole. 4 Comments [Consumer]
Friday, April 12, 9:51 AM Restaurant sales trends improved in March but remain "fragile," according to a new report from Black Box Intelligence. The sector saw a same-store sales increase of 0.5% during the month compared to February’s decline of 5% - while traffic decreased 2% compared to a 4.2% drop in February. Comment! [Consumer]
Wednesday, April 10, 2:17 PM Restaurant visits by parties of adults grew by 1% last year to end four consecutive declines in the category but visits with children in tow showed flat growth once again, according to tracking from the NPD Group. A tripping point for the sector has been the lack of growth in visits by parties with kids. What to watch: Analysts see increased promotional activity sneaking in on the industry's margins. 5 Comments [Consumer]
Friday, April 5, 10:40 AM A strike by fast food workers in New York City could have broad implications with the group's lofty goal to see a 107% pay raise up to $15 per hour. What to watch: Though historically the high turnover rate in the QSR industry has kept labor disruptions to a minimum, unions of foodservice workers have strengthened since 2009 and could take a small bite out of the sector's margins. 10 Comments [Consumer]
Monday, April 1, 8:48 AM Sun Capital's Boston Market fast food chain will move into ribs in its biggest new food launch in six years. The big picture: Though the move is another example of the aggressive efforts of the QSR industry to match the fare at the market-stealing Panera and Chipotle chains, analysts continue to question the impact on margins of the wings-ribs-premium burgers menu plays. 3 Comments [Consumer]
Tuesday, March 26, 1:29 PM Despite an ongoing trend of sluggish sales, Sonic (SONC +8.3%) rips higher as cost-cutting initiatives start to pay off for the restaurant operator. For the current fiscal year, the company expects same-store sales to increase in the low single-digit range. Comment! [Consumer, On the Move]
Monday, March 25, 5:56 PM After-hours top gainers, as of 5:15 p.m.: CALL +6%. TX +5%. KWK +4%. CAR +4%. SONC +5%.
After-hours top losers: HXM -9%. GMAN -5%. CLMT -5%. MGLN -2%. Comment! [On the Move]
Monday, March 25, 5:45 PM More on Sonic (SONC): FQ2 EPS comes in line with estimates, but net earnings soar as lower costs more than offset a 4% decline in total revenue versus the year-earlier period. Systemwide same-store sales were flat, while same-store sales at company-owned drive-ins improved by 1.9%. The company benefited from lower expenses during the quarter, including a 4% decline in payroll and benefits costs, a 4.6% drop in food and packaging expenses and a 3% decrease in SG&A costs. Shares +4% AH. Comment! [Earnings, Consumer, On the Move]
Monday, March 25, 4:04 PM Sonic (SONC): FQ2 EPS of $0.05 in-line. Revenue of $111.4M. Shares +3.9% AH. (PR) Comment! [Earnings, Breaking News, On the Move]
Monday, March 25, 2:30 PM Restaurant blues: The consensus estimate of economists for consumer spending growth in February is for a 0.6% gain after the measure rose 0.2% in January but don't expect restaurants to report strong numbers for Q1. Inside tracking and guidance warnings from key companies indicate that the sector is feeling the pressure of higher payroll taxes. Major chains also face a tough period of comparable with last year's winter much milder on average in the U.S. 4 Comments [Consumer]
Friday, February 22, 8:50 AM The restaurant sector is on watch after a pre-earnings warning from Darden Restaurants (DRI) and a harsh downgrade on Wendy's (WEN) sets a negative tone. The picture being painted for 2013 is starting to get pretty consistent - margin pain and soft traffic trends. Other things to watch in 2013 for the sector: 1) The impact of higher payroll taxes. 2) The coming costs of the Affordable Care Act. 3) The push to raise the minimum wage. 4) Which chains can succeed in China and India? 5 Comments [Consumer]
Wednesday, February 13, 10:14 AM Margin pain on the horizon: Restaurants could get squeezed this year from a combination of higher commodity costs and frugal consumers, according to AlixPartners. Though traffic is forecast to rise 3%, the average ticket is expected to decline 4.7% with coupons, promotions, and discounts gaining favor. Chains that are expected to ride out the expected tough environment are those that can deliver healthy food fast. Chipotle (CMG -1.8%), privately-held Subway, and Panera (PNRA -1.5%) fit the bill. 6 Comments [Consumer]
Friday, January 25, 8:38 AM Sonic (SONC) announces its President will resign as of March 31 with his duties set to be taken over by CEO Cliff Hudson. Life is about to get challenging for the company as it joins the entire restaurant sector in running head-on into a tough period of comps. Comment! [Consumer]
Tuesday, January 22, 1:44 PM Analysts warn that with the economy so fragile and pricing competition fierce it will hard for restaurants to pass on the higher wholesale beef prices that are forecast down to consumers. Though quick-service chains will toy with their menus (more chicken) and try to use forward purchase contracts to lower costs, the impact of last year's drought could take a few seasons to reverse. 6 Comments [Consumer]
Wednesday, January 9, 6:50 AM Hedgeye says current employment trends show a potential deceleration of employment growth in the casual dining restaurant sector as compared to the broader economy. According to the firm, the data suggests a possible slowing of casual dining sales as a result. 5 Comments [Consumer]
Thursday, January 3, 7:48 PM More on Sonic (SONC): FQ1 comes in line with estimates as same-store sales continue to rise and costs declined for the quarter. However, the stock is down after hours as investors look at the longer term comps, which are trending lower. Shares -4.8% AH. Comment! [Earnings, On the Move]

Ryan Mallory
Fuinhaz Setups for March 27 2013 | $AIXG $BSFT $CETV $EA $PATH $RFMD $SONC $SWHC $THRX | SharePlanner http://bit.ly/10Phsbd
Mar 27, 9:23 AM
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Jim Van Meerten
$SONC - 100% Barchart technical buy signal - 9 new hgihs and up 7.56% in the last month - Relative Strength Index 64.94%
Mar 20, 12:37 PM
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The Wall Street Transcript
Sonic Corporation ($SONC) Pressured by Potential Federal Minimum-Wage Increase- http://su.pr/7UABBj
Mar 11, 5:00 PM
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Ryan Mallory
Lazy Trade Long & Short: PWER & SONC http://bit.ly/MRAdGR
8/1/12
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Ryan Mallory
Lazy Trade: Long & Short http://bit.ly/MMFcDk SONC SPLK
7/20/12
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Ryan Mallory
The Daily Long & Short: http://bit.ly/Nf4ZZG URBN & SONC
7/17/12
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smokeyRose
CBS ARG SONC
5/19/12
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moneyhawk1
ZAGG STAG SJM ABV PAA SONC VZ
3/22/12
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moneyhawk1
WEN JACK SONC MCD MDR IMB CVX
3/21/12
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Ryan Mallory
13 Stocks Gaining Momentum http://bit.ly/wDrg3n AEO AMED COST CVH IXP MA MGAM ONTY SHPG SONC PCP TW XOMA
2/1/12
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