Drive-in chain says corporate stores starting to improve
Despite reporting a drop in same-store sales for the fourth quarter, Sonic Corp. said it was starting to see improvement at its corporate locations. Sonic said systemwide same-store sales declined 6.4 percent for the Aug. 31-ended quarter, which included a 6.1-percent drop at corporate drive-ins. It marked the first time in nearly three years that corporate stores outperformed the system as a whole, said Clifford Hudson, Sonic's chairman and chief executive. "With our company-owned ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com