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Sonic Corp (SONC.OQ)

SONC.OQ on NASDAQ Stock Exchange Global Select Market

26.84USD
19 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Sonic Prices $170 Million Securitized Senior Notes
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Sonic Corp ::SONIC PRICES $170 MILLION SECURITIZED SENIOR NOTES.SONIC CORP - ‍CERTAIN UNITS PRICED $170 MILLION OF SERIES 2018-1 CLASS A-2 FIXED RATE SENIOR SECURED NOTES​.SONIC CORP - ‍SENIOR NOTES WILL HAVE EXPECTED LIFE OF SEVEN YEARS AND BEAR INTEREST AT 4.026% PER ANNUM, PAYABLE MONTHLY​.  Full Article

Sonic Announces Financing Transaction
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Sonic Corp ::SONIC ANNOUNCES FINANCING TRANSACTION.SONIC SAYS UNITS INTEND TO ISSUE ABOUT $170 MILLION OF NEW FIXED RATE NOTES.SONIC - UNITS EXPECT TO REDUCE CAPACITY UNDER REVOLVING CREDIT FACILITY OF SERIES 2016-1 VARIABLE FUNDING SENIOR SECURED NOTES, CLASS A-1 TO $100 MILLION.  Full Article

Sonic Corp Reports Q1 Adjusted Earnings Per Share Of $0.30
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Sonic Corp ::SONIC REPORTS FIRST FISCAL QUARTER 2018 EARNINGS PER SHARE GROWTH.Q1 ADJUSTED EARNINGS PER SHARE $0.30.Q1 EARNINGS PER SHARE $0.29.Q1 EARNINGS PER SHARE VIEW $0.25 -- THOMSON REUTERS I/B/E/S.Q1 SAME STORE SALES FELL 1.7 PERCENT.SONIC- EXPECT ADJUSTED EPS FOR FISCAL YEAR 2018 TO INCREASE 5% TO 10% YEAR OVER YEAR, EXCLUDING IMPACT OF RECENTLY PASSED FEDERAL TAX LEGISLATION​.QTRLY TOTAL REVENUES $105.4 MILLION VERSUS $129.6 MILLION.- ‍FOR FISCAL 2018 ANTICIPATES APPROXIMATELY 0% TO 2% SAME-STORE SALES GROWTH FOR SYSTEM​.- ‍FOR FISCAL 2018 ANTICIPATES FREE CASH FLOW OF APPROXIMATELY $60 MILLION TO $65 MILLION​.FY2018 EARNINGS PER SHARE VIEW $1.35 -- THOMSON REUTERS I/B/E/S.Q1 REVENUE VIEW $107.8 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Sonic Corp Says It Is Aware Southeastern Asset Management Filed Schedule 13D With SEC
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Sonic Corp ::SONIC CORP - ANNOUNCED IT IS AWARE SOUTHEASTERN ASSET MANAGEMENT FILED SCHEDULE 13D WITH SECURITIES AND EXCHANGE COMMISSION.  Full Article

Southeastern Asset Management Reports 16 Percent Stake In Sonic Corp
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Sonic Corp ::SOUTHEASTERN ASSET MANAGEMENT REPORTS 16 PERCENT STAKE IN SONIC CORP AS OF DECEMBER 14 - SEC FILING.  Full Article

Sonic Director Frank Richardson Reports Sale Of 50,000 Shares At $28-$28.39/Share
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Sonic Corp ::SONIC CORP DIRECTOR FRANK RICHARDSON REPORTS OPEN MARKET SALE OF 50,000 SHARES PRICED BETWEEN $28.00 TO $28.39/SHARE- SEC FILING.  Full Article

Sonic Corp reports Q4 earnings per share of $0.50
Monday, 16 Oct 2017 

Oct 17 (Reuters) - Sonic Corp :Sonic fiscal 2017 earnings per share increase 12 pct driven by refranchising gains and asset sales.Q4 earnings per share $0.50.Q4 same store sales fell 3.3 percent.Q4 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.Sonic Corp - ‍continues to expect adjusted earnings per share for fiscal year 2018 to increase 5 pct to 10 pct year over year​.Sonic Corp sees ‍fiscal year 2018 capital expenditures of $38 million to $40 million​.Sonic Corp - sees ‍approximately 0 pct to 2 pct same-store sales growth for system for fy 2018​.Sonic Corp - sees ‍70 to 80 new franchise drive-in openings for fy 2018​.Sonic Corp - qtrly total revenues $‍​123.6 million versus $162.1 million.Sonic Corp sees ‍ fiscal year 2018 free cash flow of approximately $60 million to $65 million​.Q4 revenue view $126.9 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $1.24 -- Thomson Reuters I/B/E/S.  Full Article

Sonic Corp sees Q4 adjusted earnings per share $0.43 to $0.45
Tuesday, 27 Sep 2016 

Sonic Corp : Sonic announces preliminary results for the fourth fiscal quarter of 2016 . Sees q4 adjusted earnings per share $0.43 to $0.45 . Sees q4 2016 earnings per share $0.51 to $0.53 . Says estimates that system-wide same-store sales for its fourth fiscal quarter decreased approximately 2.0% . Says estimated same-store sales performance reflects a decrease of approximately 3.0% at company drive-ins for q4 .Q4 earnings per share view $0.48 -- Thomson Reuters I/B/E/S.  Full Article

Sonic raises dividend by 27 pct in fiscal 2017
Thursday, 4 Aug 2016 

Sonic Corp : Beginning in first fiscal quarter of 2017, company expects to declare a quarterly dividend of $0.14 per share of common stock .Sonic announces 27% increase to dividend program in fiscal 2017.  Full Article

Sonic Q3 earnings per share $0.31
Thursday, 23 Jun 2016 

Sonic Corp : Reaffirming its outlook for adjusted earnings per share growth for fiscal year 2016 of 20% to 25% . The company is reaffirming its outlook for adjusted earnings per share growth for fiscal year 2016 of 20% to 25% . Sees 2016 capital expenditures of $35 million to $40 million . Q3 total revenue $165.2 million versus $164.7 million . Store sales growth for system for 2016 . In-Level margins flat-to-up 40 basis points for 2016 . Sees planned repurchase of at least $126 million of stock across fiscal year . Sonic Corp Says Announced Its Refranchising Initiative To Move Toward An Approximately 95%-Franchised system by end of fiscal year 2017 . Store sales grow 2.0% for third fiscal quarter . Q3 adjusted earnings per share $0.43 . Q3 earnings per share $0.31 . Q3 same store sales rose 2 percent .Q3 earnings per share view $0.42 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Sonic Corp ‍Announces Promotion Of Corey Horsch To CFO

* SONIC CORP - ‍ANNOUNCED PROMOTION OF COREY HORSCH TO CHIEF FINANCIAL OFFICER​