Sonic Corp
(NASDAQ: SONC)
+0.18
+1.37%
| Exchange: | NASDAQ |
| Stock: | Sonic Corporation |
| Industry: | Restaurants |
| Employees: | 314 |
| Sonic Corp. (Sonic) operates and franchises chain of drive-in restaurants (Sonic Drive-Ins) in the United States. The Company operates in two segments: Company Drive-Ins and Franchise Operations. Sonic Drive-Ins feature Sonic signature items, such as specialty drinks, including cherry limeades and slushes, ice cream desserts, made-to-order sandwiches and hamburgers, six-inch premium beef hot dogs, foot-long quarter pound chili cheese coneys, hand-battered onion rings and tater tots. Sonic Drive-Ins also offer breakfast items that include sausage or bacon with egg and cheese Breakfast Toasters and a variety of breakfast burritos. Sonic Drive-Ins serve the full menu all day. As of August 31, 2011, the Sonic system was consisted of 3,561 drive-ins, of which 13% were Company Drive-Ins and 87% were Franchise Drive-Ins. During the fiscal year ended August 31, 2011 (fiscal 2011), it opened 43 Sonic Drive-Ins, which consisted of three Company Drive-Ins and 40 Franchise Drive-Ins. |
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