Sonic posts 11.5% comp gain

The franchisor of the Sonic drive-in Burger King posted a comparable-store sales gain of 11.5 percent, year over year, for the quarter ended Feb. 28. Most of the increase came from a rise in guest counts, management said.

Officials of Sonic Corp attributed the increase to a combination of new products and a national marketing campaign.

“We maintained our sales momentum through our seasonally slower time of year and invested in incremental labor to ensure we sustain this momentum,” commented CEO Cliff Hudson.

The company pegged the same-store sales gain at 11.3 for company-run units and 11.5 percent at franchised stores.

It did not reveal absolute sales or revenue figures.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

The Tijuana Flats bankruptcy highlights the dangers of menu miscues

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

Financing

For Papa Johns, the CEO departure came at the wrong time

The Bottom Line: The pizza chain worked to convince franchisees to buy into a massive marketing shift. And then the brand’s CEO left.

Leadership

Restaurants bring the industry's concerns to Congress

Nearly 600 operators made their case to lawmakers as part of the National Restaurant Association’s Public Affairs Conference.

Trending

More from our partners