Sonic Corp. estimated Monday that systemwide same-store sales for the fiscal third quarter rose 2.8 percent. Sonic’s preview of sales for the third quarter, which ended May 31, included an estimated increase of 3.7 percent at company owned drive-ins and 2.7 percent at franchised drive-ins. Analysts at global investment banking and asset management firm William Blair said the quarter’s preview is a positive sign for Sonic, which had been performing below the quick-service ...
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Contact: Desiree Torres Desiree.Torres@penton.com