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Sonic Corp. Reports Operating Results for Fiscal Quarter Ended on 2008-11-30

January 09, 2009 | About:

Sonic Corp. (NASDAQ:SONC) filed Quarterly Report for the period ended 2008-11-30.

Sonic Corp. operates and franchises one of the largest chain ofdrive-in restaurants in the United States. Sonic restaurants offermade-to-order hamburgers and other sandwiches and feature Sonic signatureitems such as footlong coney cheese dogs hand-battered onion rings tatertots specialty soft drinks including cherry limeades and slushes andfrozen desserts. At a typical Sonic restaurant a customer drives into oneof 24 to 36 covered drive-in spaces orders through an intercom and has the food delivered by a carhop within an average of four minutes. Sonic Corp. has a market cap of $736.85 million; its shares were traded at around $11.2 with a P/E ratio of 10.9 and P/S ratio of 0.92. Sonic Corp. had an annual average earning growth of 14.6% over the past 10 years. GuruFocus rated Sonic Corp. the business predictability rank of 4.5-star.

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SONC is in the portfolios of Ron Baron. More on SONC:

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