Edition:
United Kingdom

Sonic Corp (SONC.OQ)

SONC.OQ on NASDAQ Stock Exchange Global Select Market

27.89USD
11 Dec 2017
Change (% chg)

$0.35 (+1.27%)
Prev Close
$27.54
Open
$27.55
Day's High
$28.36
Day's Low
$27.53
Volume
263,795
Avg. Vol
244,768
52-wk High
$30.05
52-wk Low
$22.13

Latest Key Developments (Source: Significant Developments)

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

Sonic Corp prices $425 mln securitized senior notes
Tuesday, 12 Apr 2016 

Sonic Corp:Prices $425 million securitized senior notes.Says senior notes will have an expected life of seven years and bear interest at 4.472% per annum.Sonic units have entered into $150 million securitized revolving credit facility of series 2016-1 variable funding senior secured notes, class a-1.Says certain of its subsidiaries have priced $425 million of series 2016-1 class a-2 fixed rate senior secured notes.Says company does not expect to have any borrowings under the variable funding notes facility at closing.  Full Article

Sonic reaffirms FY 2016 EPS and same-store sales guidance
Tuesday, 5 Jan 2016 

Sonic Corp:EXpects its initiatives to drive 16% to 20% earnings per share growth for FY 2016.Anticipates 2% to 4% same-store sales growth for the system in FY 2016.  Full Article

UPDATE 1-U.S. companies battle a rash of high-profile data breaches

(Adds Brooks Brothers) Nov 22 U.S. companies are reeling from several high-profile data breaches that have exposed millions of consumers' sensitive personal information, leading to regulatory probes and prompting the companies to invest heavily to secure their networks. These include a massive data breach at credit reporting firm Equifax Inc announced in September and Yahoo in October tripling its earlier estimate of a 2013 hack to include all its 3 billion accounts. Fo