Sonic Corp.’s profit more than doubled in the second quarter, the Oklahoma City-based drive-in operator reported Monday. Net income rose 113.3 percent in the quarter ended Feb. 28, to $3.6 million, or six cents per share, from $1.7 million in the same period last year. The company had a $900,000 tax benefit in the quarter. Revenue in the second quarter slipped to $111.1 million, from $115.1 million in the year-earlier quarter. RELATED • Sonic: Five-daypart ...
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