Tag Archives: Sonic

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SONIC introduces guilt-free SONIC Signature Slingers cheeseburger

SONIC introduces guilt-free SONIC Signature Slingers cheeseburger

America’s Drive-In® introduces the first QSR mushroom-blended burger starting under 350 calories

OKLAHOMA CITY, 2018-Mar-07 — /EPR Retail News/ — SONIC® Drive-In (NASDAQ: SONC) revamped the traditional American cheeseburger with its new SONIC Signature Slingers, a first of its kind in fast food. The perfect-sized cheeseburger patty is made with three simple ingredients: 100-percent pure beef blended with savory mushrooms and seasonings to create a juicy, flavorful patty that is almost too good to be true. Starting under 350 calories, the SONIC Signature Slingers lets you get away with all the flavor of a cheeseburger with none of the guilt starting at $1.99*.

“The Signature Slingers is a first-of-its-kind fast food cheeseburger, which delivers the juicy savory deliciousness you expect from a burger in a way that makes you feel like you’re getting away with something,” said Scott Uehlein, vice president of product innovation and development for SONIC. “Adding mushrooms right into the burger patty amps up the incredible flavors of the 100-percent pure beef and seasonings you get in each bite. This burger truly raises the bar for every other restaurant.”

Beginning Monday, March 5, guests can enjoy two Signature Slingers cheeseburger options to satisfy their guilt-less burger cravings. The Classic SONIC Signature Slinger is topped with fresh lettuce and tomato, diced onions, crinkle-cut dill pickles, mayo and melted American cheese served on a bakery-quality brioche bun. The Bacon Melt SONIC Signature Slinger is made with crispy bacon, layered with melted cheese and mayo served on a bakery-quality brioche bun.

“We are excited to be a partner on the new Signature Slingers, which brings together the craveability of pure beef with the juiciness of mushrooms, creating a great tasting cheeseburger that guests will only be able to get at SONIC,” said Bart Minor, president of the Mushroom Council, which provides marketing and education on behalf of the nation’s mushroom growers and importers. “The trend of blending mushrooms into a burger patty has been atop a number of food trend lists this year and we can’t wait for guests to experience SONIC’s uniquely delicious creation.”

Guests can pair the new SONIC Signature Slingers with a SONIC Fruit Fizz™ for the ultimate lunch, dinner or snack, but only for a limited time.

* Tax not included. Classic SONIC Signature Slinger contains approximately 340 calories. See menu for details.

About SONIC®, America’s Drive-In®

SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. Nearly 94 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. For 65 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning philanthropic campaign in partnership with DonorsChoose.org, SONIC has donated $9.5 million to public school teachers nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in their students. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn more about SONIC’s Limeades for Learning initiative, please visit LimeadesforLearning.com.

Contact:
Rebeka Mora
512-542-2804
Rebeka.mora@cohnwolfe.com

Source: SONIC Drive-In

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Sonic promotes Claudia S. San Pedro to president and Corey R. Horsch to chief financial officer

Sonic promotes Claudia S. San Pedro to president and Corey R. Horsch to chief financial officer

 

Treasurer elected to chief financial officer and hotel veteran elected to board of directors

OKLAHOMA CITY, 2018-Feb-06 — /EPR Retail News/ — Sonic Corp. (NASDAQ: SONC), the nation’s largest chain of drive-in restaurants, today (Feb 2, 2018) announced promotions of Claudia S. San Pedro to president and Corey R. Horsch to chief financial officer. Shareholders also elected S. Kirk Kinsell to the board of directors.

Ms. San Pedro most recently served the company as executive vice president and chief financial officer. A twelve-year veteran of Sonic, Ms. San Pedro joined the company as treasurer and was subsequently promoted to vice president of investor relations. Appointed chief financial officer in 2015, she led all financial strategies for the company and planning practices, as well as the brand’s relationship with lending institutions, shareholders, and the financial community. In her new role, Ms. San Pedro’s responsibilities include franchisee relations, supply chain, franchise sales and development, and business planning. She will provide oversight of the finance function as well.

Filling Ms. San Pedro’s vacated role of chief financial officer is Corey Horsch. Mr. Horsch joined Sonic as vice president of investor relations and treasurer in 2015. In his new role, he is responsible for all financial planning, internal audit, accounting and tax, while maintaining leadership for the investor relations and treasury functions.

Newly elected to the board is Kirk Kinsell for a three-year term. Mr. Kinsell is a seasoned hospitality executive with more than 30 years of operational, franchising and management experience in the hotel sector who currently serves as principal partner of Panther Ridge Partners, LLC, an investment and advisory company focused on the hospitality sector. He previously served as president and CEO of Loews Hotels and Resorts.

“I am delighted to promote Claudia to president and Corey to chief financial officer,” said Cliff Hudson, Sonic Corp. CEO. “Claudia’s focus on building relationships, business acumen and strategic mindset position the company well for future growth. Claudia is a highly skilled leader with an eye for developing talent, as evidenced by our ability to seamlessly transition Corey into the CFO role. Her readiness for this new role has been evidenced by the leadership she has shown to date, and I welcome her executive partnership.

“Additionally, we are excited to welcome Kirk as a new independent director to our board. His executive experience in the hospitality industry nicely complements the breadth of experience on our board.”

Existing directors re-elected to the Sonic Corp. board are Steven A. Davis and Kate S. Lavelle. Continuing director Jeffrey H. Schutz was elected by his peers to serve as lead independent director. Other continuing board members are Tony D. Bartel, R. Neal Black, Lauren R. Hobart, Federico R. Peña, Susan E. Thronson, Kathryn L. Taylorand Cliff Hudson. Retiring from the board are long-standing directors J. Larry Nichols, who served on the board for 11 years, and Frank E. Richardson, who served on the board since 1991.

“We greatly appreciate Larry’s and Frank’s many years of service to Sonic as stewards of our shareholders’ interests,” continued Mr. Hudson. “They both provided outstanding leadership during their tenures as Board members and especially during their tenures as lead independent directors.”

About SONIC, America’s Drive-In

SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. Nearly 94 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. For 65 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning philanthropic campaign in partnership with DonorsChoose.org, SONIC has donated $9.5 million to public school teachers nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in their students. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn more about SONIC’s Limeades for Learning initiative, please visit LimeadesforLearning.com.

Contact:
Christi Woodworth 4
405-225-5600
Vice President of Public Relations

Source: Sonic Corp.

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SONIC holds annual Unturkey Day on November 21: offers Half-Price Cheeseburgers all day!

SONIC holds annual Unturkey Day on November 21: offers Half-Price Cheeseburgers all day!

 

SONIC Offers Guests Half-Price Cheeseburgers on November 21 for Annual Unturkey Day

OKLAHOMA CITY, 2017-Nov-21 — /EPR Retail News/ — In honor of the upcoming Thanksgiving holiday, SONIC Drive-In Chief Marketing Officer, Lori Abou Habib, is taking a bold stand and pardoning all turkeys on Tuesday, November 21. Known by SONIC fans far and wide as Unturkey Day, this cherished holiday is a win-win for turkeys and guests alike with SONIC offering half-price SONIC Cheeseburgers all day.

“It is a well-known tradition to pardon a turkey on Thanksgiving, and since you won’t see a traditional turkey dinner on our menu today, our pardon extends to all the turkeys out there,” said Abou Habib. “To give these noble birds a short reprieve before Thanksgiving, consider gobbling up a Cheeseburger instead.”

SONIC Cheeseburgers are made with melty American cheese, crinkle-cut pickles, chopped onions, fresh shredded lettuce and ripe tomatoes atop a 100 percent pure beef patty. To complete the feast, guests can pair their SONIC Cheeseburger with a side of crispy Tots, Hand Made Onion Rings and a refreshing Holiday Mint Master Shake or Blast to get into the holiday spirit.

This offer is only available on Tuesday, November 21, so head to your nearest SONIC Drive-In to partake in Unturkey Day, order an extra helping and give turkeys everywhere a well-deserved break, even if it’s just for a day.

About SONIC®, America’s Drive-In®

SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. Nearly 94 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. For 64 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning philanthropic campaign in partnership with DonorsChoose.org, SONIC has donated $9.5 million to public school teachers nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in today’s youth. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn more about SONIC’s Limeades for Learning initiative, please visit LimeadesforLearning.com.

Contact:
Rebeka Mora
512-542-2804
Rebeka.Mora@cohnwolfe.com

Source: SONIC Drive-In

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Sonic declares quarterly cash dividend of $0.16 per share of common stock

OKLAHOMA CITY, 2017-Oct-31 — /EPR Retail News/ — Sonic Corp. (NASDAQ:SONC), the nation’s largest chain of drive-in restaurants, today announced that its Board of Directors declared a quarterly cash dividend of $0.16 per share of common stock to be paid to shareholders of record as of the close of business on November 8, 2017, with a payment date of November 17, 2017. In addition to the dividend, the company has a share repurchase authorization for up to $160 million of its common stock through August 31, 2018.

Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination of the company’s Board of Directors.

About Sonic
SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. Nearly 94 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. For 64 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning philanthropic campaign in partnership with DonorsChoose.org, SONIC has donated $8.5 million to public school teachers nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in their students. To learn more about Sonic Corp.(NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn about SONIC’s Limeades for Learning initiative, please visit LimeadesforLearning.com.

This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements reflect management’s expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from those expressed in, or underlying, these forward-looking statements are detailed in the company’s annual and quarterly report filings with the Securities and Exchange Commission. The company undertakes no obligation to publicly release revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unforeseen events, except as required to be reported under the rules and regulations of the Securities and Exchange Commission.

SOURCE: SONIC

Sonic Corp.
Corey Horsch, 405-225-4800
Vice President, Investor Relations
and Treasurer

Source: Sonic Corp.

News Provided by Acquire Media

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SONIC recognized franchisees and operators at the 2017 SONIC National Convention

SONIC recognized franchisees and operators at the 2017 SONIC National Convention

 

Gary Kinslow, SONIC Franchisee, wins the restaurant chain’s most prestigious award

OKLAHOMA CITY, 2017-Oct-10 — /EPR Retail News/ — SONIC® Drive-In (NASDAQ: SONC), the nation’s largest chain of drive-in restaurants, presented ten awards to franchisees and operators at the 2017 SONIC National Convention in Denver, Colo. Every year, SONIC recognizes exemplary individuals and franchise groups to honor those who have a proven track record of strong leadership skills and led the brand.

Troy Smith Hall of Fame: Gary Kinslow

Named after SONIC’s founder, induction into the Troy Smith Hall of Fame is SONIC’s most prestigious award, given to a franchisee who has worked with SONIC for a notable amount of time while making a significant contribution to the brand in terms of leadership, growth and positive influence. This year, SONIC presented the Troy Smith Hall of Fame Award to Gary Kinslow, second generation SONIC franchisee and leader of Kinslow SONIC Group. Based in Prague, Okla., Kinslow SONIC Group owns and operates 40 SONIC Drive-Ins in Oklahoma, Texas and Mississippi. In 1969, Kinslow started his career at SONIC as a cook for his father when he was just 14 years old. Now, Kinslow leads his team to provide guests with a remarkable SONIC experience every day.

“Gary has lived and breathed SONIC his entire life and has vast knowledge of the brand,” said Clifford Hudson, Sonic Corp. CEO. “He truly captures the spirit of Troy Smith and the inspiring entrepreneurial spirit of SONIC’s founder.”

Chain Leader Award: Steve Gonzalez

The SONIC Chain Leader Award was presented to Steve Gonzalez, director of the Warren Group in recognition of his success in exerting both leadership skills and a positive influence on his organization and the SONIC brand. Based in Lubbock, Texas, and operating 24 drive-ins, Gonzalez focuses on retaining good people and building a solid infrastructure through his strong leadership.

Turnaround Operator Award: Norm Kaufman

Norm Kaufman, SONIC franchisee and leader of Brand Ventures, LLC was presented with the SONIC Turnaround Operator Award. This award honors an individual or group responsible for turning around operations, sales and profit performance of one or more SONIC Drive-Ins. Based in St. Louis, Mo., Kaufman focused on two areas: guest service and people development. The group has built strong, long-lasting relationships with their employees, demonstrating Kaufman’s belief that developing great people can help turnaround any aspect of business.

Great People Award: Buddy McClain

SONIC presented Buddy McClain, franchisee and leader of McClain, Vaughn and Partners franchise group, with the SONIC Great People Award. This award is given to an individual or group who has made the recruitment, training, development and retention of people a top priority and strategy for growth. Based in Jackson, Miss., McClain developed an innovative management program and is reaping rewards in his 100 drive-in locations across Mississippi, Texas and Florida.

Operational Excellence Awards: Eddie Frey and Jeff Simmons

The SONIC Operational Excellence Award was presented to Eddie Frey, operating partner for the D.L. Rogers Group, and to Jeff Simmons, general manager for the Jimmy Hodges franchise group. This honor is awarded to individuals responsible for supervision of less than five drive-ins with a proven track record of upgrading talent and growing sales and profits. Based in Elizabeth City, N.C., Frey started his career with SONIC as a manager trainee in 2003, and worked his way up to operating partner at three drive-ins located in Hartsville, S.C., Fayetteville, N.C., and Elizabeth City, N.C.Simmons, based in Mandeville, La., started his career with SONIC in 2011 in the kitchen and is now a general manager. Both Frey and Simmons make it a priority to attract guests, build loyalty and make a positive difference in their local communities.

Multi-Unit Leader Awards: Justin Chandler and Dora Simonds

Justin Chandler, director of operations for MHR Group, and Dora Simonds, director of operations for the Rubyhill Group are recipients of the Multi-Unit Leader Award. This honor is awarded to individuals responsible for supervising more than five drive-ins with a proven track record of upgrading talent, delivering outstanding guest service and growing financial performance of their drive-ins. Based in Dallas, Texas, Chandler oversees 16 drive-ins in the MHR Group and is known for his leadership and drive to constantly look for ways to improve in every aspect of the business, from people development to achieving great results. Simonds is the director of operations for 11 drive-ins in the Rubyhill Group across Denver, Colo. In 2000, Simonds started her career at SONIC as a cook and has grown to become a strong leader with a proven track record of developing talent while growing sales and profits.

Newcomer Award: Cinos, LLC

The Newcomer Award was presented to Cinos, LLC located on Long Island, N.Y. Cinos, LLC owns and operates three SONIC Drive-Ins in the state ofNew York. This award is given to an individual or franchise group new to the SONIC brand who delivers the SONIC promise to guests every day while achieving strong sales and profits.

Mason Development Award: Mason, Harrison, Ratliff, LLC (MHR)

The Mason Development Award was presented to MHR, a SONIC franchise group led by partners Ralph Mason, Chuck Harrison and Reeder Ratliff, who own and operate 288 drive-ins across 13 states with their partners. MHR has made outstanding contributions to the development of new drive-ins as we remodeled, rebuilt and relocated existing drive-ins. Based in Oklahoma City, Okla., and founded in 1974, MHR is one of SONIC’s largest franchise groups and credits its longtime success to their partners and operators, some of whom have been with the group for more than 30 years.

About SONIC®, America’s Drive-In®

SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. Nearly 94 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. For 64 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning philanthropic campaign in partnership with DonorsChoose.org, SONIC has donated $8.5 million to public school teachers nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in today’s youth. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn more about SONIC’s Limeades for Learning initiative, please visit LimeadesforLearning.com.

Contact:
Rebeka Mora
512-542-2804
rebeka.mora@cohnwolfe.com

Source: SONIC Drive-In

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SONIC introduces all new Iced Coffee Twists™ to its Iced Coffee lineup

Iced Coffee Twist French Vanilla Caramel (Photo: Business Wire)

For a limited time, America’s Drive-In offers flavorful addition to iced coffee lineup

OKLAHOMA CITY, 2017-Sep-06 — /EPR Retail News/ — SONIC® Drive-In (NASDAQ: SONC) adds to their classic Iced Coffee lineup with the all new Iced Coffee Twists™, featuring delicious flavor “twists” of Chocolate or Caramel. The extra swirl gives an additional dimension of irresistible flavor to SONIC’s Iced Coffees which continues to grow the customizable drink menu that you can’t get anywhere else.

SONIC’s Iced Coffee Twists take the full flavor of cold and creamy tastes to a whole new level. Made exclusively with Green Mountain Coffee® 100-percent Arabica beans, the added flavor twist offers rich sweetness for an extra flavor boost. Guests can choose from four indulgent flavors: Praline Pecan Chocolate Twist, French Vanilla Caramel Twist, French Vanilla Chocolate Twist and Double Chocolate Twist.

“The caramel and chocolate swirls we’ve added to create our Iced Coffee Twists bring out rich, roasted flavor already present in our coffee, layering on added sweetness with a touch of indulgence to create a coffee drink that is delicious any time of day,” said Scott Uehlein, vice president of product innovation and development for SONIC. “Our four new Iced Coffee Twist flavors build upon our already expansive, unmatched drink lineup to give guests an extra boost to the end of the summer.”

The all new Iced Coffee Twists are available for a limited time only and are the perfect treat for any occasion, at any time of day. Head to a drive-in near you and treat yourself with the ultimate mouthwatering twist to the classic iced coffee, only available at SONIC.

About SONIC®, America’s Drive-In®
SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. Nearly 94 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. For 64 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning philanthropic campaign in partnership with DonorsChoose.org, SONIC has donated $8.5 million to public school teachers nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in today’s youth. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn more about SONIC’s Limeades for Learning initiative, please visit LimeadesforLearning.com.

for SONIC Drive-In
Rebeka Mora, 512-542-2804
rebeka.mora@cohnwolfe.com

Source: SONIC Drive-In

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SONIC® brings back two delicious Pretzel Dogs for a limited time

SONIC® brings back two delicious Pretzel Dogs for a limited time

 

America’s Drive-In Tempts Guests with a Twist to a Classic

OKLAHOMA CITY, 2017-Jun-21 — /EPR Retail News/ — SONIC® Drive-In (NASDAQ: SONC) is bringing back a fun twist on everyone’s favorite summertime meal by reintroducing two delicious Pretzel Dogs for a limited time. With one bite, fans will remember why Pretzel Dogs make a craveable meal or perfect go-to snack when paired with crispy SONIC tots and a classic Cherry Limeade.

Hot dog fans can choose between two savory flavors: the Cheesy Bacon Pretzel Dog made with a premium beef hot dog topped with melty cheese, crispy bacon and grilled onions; or The Original topped with classic mustard. Both Hot Dogs are nestled in a warm pretzel bun.

“For 64 years, guests have been coming to SONIC to experience evolving and iconic menu items, including Pretzel Dogs, the distinctive twist of classic flavors and current culinary trends,” said Scott Uehlein, vice president of product innovation and development at SONIC. “With so many choosing SONIC to satisfy their hot dog cravings, welcoming Pretzel Dogs back to the lineup is the perfect way to kick off summer at the drive-in.”

SONIC’s Pretzel Dogs are available for a limited time only so head to your nearest drive-in to try one of each before they’re gone.

About SONIC®, America’s Drive-In®

SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. Nearly 94 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. For 64 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning® campaign in partnership with DonorsChoose.org, SONIC has donated $8.4 million to public school teachers’ classrooms nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in their students. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn about SONIC’s Limeades for Learning initiative, please visit LimeadesforLearning.com.

Contact:
Matthew Young
512-542-2802
Matthew.Young@cohnwolfe.com

Source: SONIC Drive-In

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SONIC® to expand across the U.S. with five new franchise agreements

SONIC® to expand across the U.S. with five new franchise agreements

 

Five franchise groups acquire existing locations and will build new drive-ins

OKLAHOMA CITY, 2017-Jun-14 — /EPR Retail News/ — SONIC® Drive-In (NASDAQ: SONC) today (Jun 13, 2017) announced five new agreements for franchise development in greater Washington, D.C., New York City, the Ohio River Valley, Alabama, Virginia and Washington. A mainstay in the South and Central Plains, SONIC continues to expand in all areas of the country to meet ever-growing consumer demand.

Together, the new franchise groups bring more than 50 years of experience operating QSR and fast-casual restaurant brands combined with other retail and financial backgrounds to provide a solid foundation for future success with SONIC:

  • Men of Grace, LLC will develop new drive-ins in the greaterWashington, D.C. market including locations in Northern Virginia;
  • Current franchisee Northfork Holdings acquired 21 existing drive-ins in the Ohio River Valley, Tennessee and Missouri, with an additional 21 drive-ins planned over the next decade;
  • SD-Missouri acquired drive-ins in Alabama, Virginia, Tennessee andGeorgia, and plans to build an additional 20 drive-ins in markets in which they currently operate;
  • Eng LLC has signed an agreement to develop drive-ins in the five New York City boroughs over the next several years;
  • Olympic Cascade LLC will build 11 drive-ins in the state of Washingtonover the next 10 years.

“SONIC’s franchisee relationships are unparalleled in the QSR industry, making the brand an attractive option for multi-unit franchisees seeking to build out their portfolio,” said Drew Ritger, Jr., senior vice president for development for SONIC. “With nearly 94 percent of the system franchise owned, a 64-year history and our unique menu, SONIC is a great choice for entrepreneurs interested in building their business with an established, franchise-centric brand that enjoys high consumer demand and room for growth.”

Always a drive-in at heart, SONIC works with franchisees to find a building solution to match their needs and the needs of their guests. SONIC offers franchisees flexibility with multiple drive-in formats, including: the traditional drive-in model with 14 to 29 dining stalls and a drive-thru; conversions, renovating existing restaurant buildings to create unique drive-ins; the counter service model, offering customizable footprints to fit a variety of indoor spaces including travel plazas; and indoor dining formats that allow guests to experience SONIC in multiple ways – either in their cars, at the drive-thru or seated at a table inside.

Individuals interested in pursuing a SONIC franchise are encouraged to visit sonicfranchises.com for more information on qualifications and brand support. Multi-unit opportunities are available in a number of markets including Atlanta, Ga., Indianapolis, Ind., and Philadelphia.

About SONIC, America’s Drive-In

SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. Nearly 94 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. For 64 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning campaign in partnership with DonorsChoose.org, SONIC has donated nearly $8.5 million to public school teachers’ classrooms nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in their students. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn more about SONIC’s Limeades for Learning initiative, please visit Limeadesforlearning.com.

Contact:

Christi Woodworth
APR
405-225-5600
Vice President for Public Relations
christi.woodworth@sonicdrivein.com

Source: SONIC Drive-In

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SONIC donated $1 million to DonorsChoose.org through its Limeades for Learning® initiative

SONIC donated $1 million to DonorsChoose.org through its Limeades for Learning® initiative

 

America’s Drive-In funds 4,458 projects in 749 cities during Teacher Appreciation Month

OKLAHOMA CITY, 2017-Jun-07 — /EPR Retail News/ — SONIC® Drive-In (NASDAQ: SONC), the nation’s largest chain of drive-in restaurants, announced the impact of its second #ThanksTeach campaign in partnership with Julianne Hough during Teacher Appreciation Month. The campaign funds essential learning and innovative teaching resources requested by public school teachers across the country. SONIC donated $1 million to DonorsChoose.org through its Limeades for Learning® initiative and asked consumers to share or incorporate #ThanksTeach on social media posts during the month of May.

During Teacher Appreciation Month, SONIC funded projects in 749 cities including Denver, Colo., Las Vegas, Lubbock, Texas, Panama City, Fla.,Omaha, Neb. and many more. SONIC also provided first-time funding for 1,166 teachers who had never received funding from DonorsChoose.orgwith requests such as student dry erase boards, yoga mats, Spanish and English dictionaries and musical instruments.

“For the second straight year, we’ve seen guests share #ThanksTeach and express gratitude for the difference teachers have made in their lives,” said Christi Woodworth, vice president of public relations for SONIC. “Teachers are too often the unsung heroes of our communities and our goal with #ThanksTeach is to publicly recognize the leadership and sacrifices teachers make every day in their classrooms. At a time when funding for public education is reduced in many states and communities, Limeades for Learning is SONIC’s way to help; our hope is that our guests continue to support teachers in their communities.”

As a supporter of public school teachers and their students since 2009, SONIC Drive-In continues its pledge to put $15 million into public school classrooms by 2021 through Limeades for Learning. In partnership with DonorsChoose.org, the national award-winning cause marketing campaign has funded more than 14,000 classroom projects providing necessary learning materials and teaching resources requested by teachers that support more than 419,000 students.

“We appreciate the tremendous donations that SONIC’s Limeades for Learning program and the #ThanksTeach campaign have made to teachers across the country who go above and beyond for their students,” said Charles Best, founder of DonorsChoose.org. “Our partnership with SONIC continues to inspire people to make a difference in education across the country, ensuring teachers and their students have the learning materials they need for a brighter future.”

To learn more about #ThanksTeach and Limeades for Learning, visit LimeadesforLearning.com. SONIC’s annual Limeades for Learning fall voting campaign will return in late September. Any teachers interested in submitting a project for potential SONIC funding can register atLimeadesforLearning.com.

About SONIC®, America’s Drive-In®

SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. More than 90 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. For 64 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning® campaign in partnership with DonorsChoose.org, SONIC has donated $7.5 million to public school teachers’ classrooms nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in their students. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com or follow us on Facebook and Twitter. To learn about SONIC’s Limeades for Learning initiative, please visit LimeadesforLearning.com.

Contact:
Matthew Young
512-542-2802
Matthew.Young@cohnwolfe.com

Source: SONIC Drive-In

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Sonic to present at the William Blair 37th Annual Growth Stock Conference and at the 37th Annual Piper Jaffray Consumer Conference

OKLAHOMA CITY, 2017-Jun-03 — /EPR Retail News/ — Sonic Corp. (NASDAQ:SONC), the nation’s largest chain of drive-in restaurants, today (Jun 2, 2017) announced that the company will be presenting at the following investor conferences:

  • On Tuesday, June 13, 2017, the Company will present at the William Blair 37th Annual Growth Stock Conference at the Four Seasons in Chicago, IL. The presentation will begin at 11:50 AM ET.
  • On Wednesday, June 14, 2017, the Company will present at the 37th Annual Piper Jaffray Consumer Conference at the Lotte New York Palace Hotel in New York, NY. The presentation will begin at 10:50 AM ET.

Investors and interested parties can access these presentations by visiting the Company’s investor relations website at http://ir.sonicdrivein.com/.

About Sonic

SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. Over 93 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. For more than 60 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning® campaign in partnership with DonorsChoose.org, SONIC has donated more than $5.0 million to public school teachers’ classrooms nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in their students. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn about SONIC’s Limeades for Learning initiative, please visit LimeadesforLearning.com.

Contact:
Corey Horsch
Vice President of Investor Relations and Treasurer
405-225-4800

Source: Sonic Corp.

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SONIC® teams up with Paramount Pictures and upcoming film Transformers: The Last Knight for new lineup of icy Slushes

SONIC® teams up with Paramount Pictures and upcoming film Transformers: The Last Knight for new lineup of icy Slushes

 

Guests to “Transform Your Summer” with refreshing Slush lineup and sweepstakes

OKLAHOMA CITY, 2017-May-31 — /EPR Retail News/ — SONIC® Drive-In (NASDAQ: SONC) is teaming up with Paramount Pictures and the upcoming June 21 theatrical release of Transformers: The Last Knight, directed by Michael Bay, to deliver a new lineup of icy Slushes and a chance to win thousands of prizes with the SONIC “Transform Your Summer” Sweepstakes.

SONIC’s Transformers: The Last Knight Slushes come in a series of unique flavors representing three of the film’s most popular characters inspired by Hasbro’s iconic toy line: Optimus Prime®, Bumblebee™ and Megatron®. The Optimus Prime® Slush combines cherry Slush topped with a flavorful layer of blue raspberry. Bumblebee™ Slush starts with orange Slush and a layer of grape flavor. Megatron® Slush is a base of sweet, classic clear Slush topped with a layer of icy grape flavor. To activate, fans just stir the concoction to create a refreshingly one-of-a-kind, icy flavor adventure.

“Partnering with Paramount Pictures and the new Transformers: The Last Knight movie provides a vertical integration opportunity with one of the most-loved movie franchises ever and allows us to play off our strength in frozen beverages,” said Lori Abou Habib, vice president of national marketing for SONIC. “The three Slush flavor combinations have refreshing flavor profiles that can’t be replicated anywhere else, something our guests expect from SONIC, are served in a movie-themed clear cup to show off the color-changing process.”

Starting May 29, guests can also participate in the “Transform Your Summer” Sweepstakes by visiting sonicdrivein.com/transformersmovie and entering the unique sticker code delivered with their SONIC order at for a chance to win. Prizes include Chevy Camaros, trips to Los Angeles, movie tickets, My SONIC gift cards and more.

“This national promotion from SONIC with their themed menu items, and great movie related prizes is a perfect kick off to the Summer excitement around the new film,” said LeeAnne Stables, president of worldwide marketing partnerships for Paramount Pictures. “The creative advertising they launched with hilarious custom television, digital and radio spots deliver an impressive, integrated campaign that SONIC and Transformers fans will enjoy.”

SONIC Transformer: The Last Knight Slushes are only available for a limited time, so hurry to the nearest drive-in to “Transform Your Summer.”

NO PURCHASE NECESSARY. A purchase will not increase your chances of winning. Begins 5/29/2017 at 12 noon ET and ends 7/23/2017 at 11:59 PM ET. Open only to eligible legal 50 U.S./D.C. residents. Must be 18 years or older to enter. Subject to Official Rules. For Official Rules, incld. how to enter without a purchase, visit www.sonicdrivein.com/transformersmovie. Sticker codes available only while supplies last. Void where prohibited. Sponsor: Sonic Industries Services Inc. Chevy and Camaro are registered trademarks of GM. GM is not a sponsor of or affiliated with this promotion. TM & ©2017 June America’s Drive-In Brand Properties LLC ©2017 Par. Pics. ©2017 Hasbro. TRANSFORMERS, “Transform Your Summer” and all related characters are trademarks of Hasbro. All rights reserved. Hasbro is not a sponsor of this promotion.

About SONIC®, America’s Drive-In®

SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. More than 90 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. For 64 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning® campaign in partnership with DonorsChoose.org, SONIC has donated $7.4 million to public school teachers’ classrooms nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in their students. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com  and please visit or follow us on Facebook and Twitter. To learn about SONIC’s Limeades for Learning initiative, please visit LimeadesforLearning.com.

About Paramount Pictures Corporation

Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment, is a unit of Viacom (NASDAQ: VIAB, VIA), a leading content company with prominent and respected film, television and digital entertainment brands. Paramount controls a collection of some of the most powerful brands in filmed entertainment, including Paramount Pictures, Paramount Animation, Paramount Television, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films, and Nickelodeon Movies. PPC operations also include Paramount Home Media Distribution, Paramount Pictures International, Paramount Licensing Inc., and Paramount Studio Group.

Contact:
Rebeka Mora
512-542-2804
Rebeka Mora@cohnwolfe.com

Source: SONIC Drive-In

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Sonic announces the appointment of Christina Bell Vaughan as president of Sonic Restaurants, Inc.

Sonic announces the appointment of Christina Bell Vaughan as president of Sonic Restaurants, Inc.

 

OKLAHOMA CITY, 2017-Jan-25 — /EPR Retail News/ — Sonic Corp. (NASDAQ: SONC), the nation’s largest chain of drive-in restaurants, announced the appointment of Christina Bell Vaughan as president of Sonic Restaurants, Inc. (SRI), the company’s wholly owned subsidiary of drive-in restaurants.

Vaughan is a 15-year veteran of SONIC, joining the company in 2002 in field marketing. After spending a number of years in the field working on both the marketing and operations, Vaughan was appointed vice president of market strategies in 2012. In that role, she led the company’s 20/20 Drive-In initiative to convert SONIC’s 3,500-unit system to new point-of-sale and proprietary point-of-personalized service (POPS) technology. Most recently serving as vice president of franchise operations, Vaughan was responsible for leading, building and maintaining franchisee relationships in the central region of the U.S.

In her role as president of SRI, Vaughan will oversee operations, facilities, field marketing and risk management for all company-owned drive-ins. She also will serve on the executive committee of the Sonic Franchisee Advisory Council, and report directly to the company’s chief executive officer, Cliff Hudson.

“Christina is a common-sense-driven executive leader who has delivered in every position she has held with our company,” said Hudson. “She is a smart strategist, and I am delighted to see her move into such a critical position with our company. Her experience working with franchisees will pay dividends as she moves to manage our owned operations, side by side with franchise owners.”

Vaughan, originally from Kansas City, will be based in SONIC’s headquarters in Oklahoma City.

About SONIC, America’s Drive-In

SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. More than 90 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. For 64 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning campaign in partnership with DonorsChoose.org, SONIC has donated $7.4 million to public school teacher’s classrooms nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in their students. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn about SONIC’s Limeades for Learning initiative, please visit LimeadesforLearning.com.

Contact:
Christi Woodworth
405-225-5600
Vice President of Public Relations

Source: Sonic Corp.

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SONIC launches the new Ultimate Chicken Club sandwich

America’s Drive-In satisfies chicken cravings across the nation

OKLAHOMA CITY, 2016-Mar-10 — /EPR Retail News/ — SONIC® Drive-In (NASDAQ: SONC) will add a delicious new member to its popular lineup of premium chicken sandwiches with the launch of the new Ultimate Chicken Club sandwich. Featuring a combination of high-quality ingredients and flavors unique to SONIC, the Ultimate Chicken Club is the perfect selection for chicken lovers seeking a mouthwatering and superior chicken club sandwich.

Far above the standard of other chicken club sandwiches, the new Ultimate Chicken Club features 100% premium all white meat crispy chicken breast topped with cheddar cheese, crispy bacon, black pepper mayo, tomatoes and lettuce perfectly served on a bakery quality brioche bun.

“SONIC is all about customization and our guests know they always have an unmatched selection of menu options when they visit a drive-in at any time of the day,” said Scott Uehlein, vice president of product innovation and development. “With the success of last fall’s Ultimate Chicken Sandwich and its popularity with our guests, the natural step for our team was to kick it up a notch to make the Ultimate even more ultimate with more quality ingredients. The addition of creamy black pepper mayo, bacon and melted cheddar cheese gives another level of premium flavor to an ultimate guest favorite.”

Pair the new Ultimate Chicken Club with Tots and a Cherry Limeade to make a great meal for lunch, dinner, or anywhere in between. The Ultimate Chicken Club is available all day, but only for a limited time.

About SONIC, America’s Drive-In
SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving more than 3 million customers every day. Nearly 90 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. Over more than 60 years, SONIC has delighted guests with signature menu items, more than 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning philanthropic campaign in partnership withDonorsChoose.org, SONIC has donated more than $5 million to public school teachers nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in today’s youth. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn more about SONIC’s Limeades for Learning initiative, please visit Limeadesforlearning.com.

 

SONIC Drive-In
Matthew Young, 512-542-2802
Matthew.Young@cohnwolfe.com
or
Jason Acock, 405-225-4828
Manager of Communications
Jason.Acock@sonicdrivein.com

Source: SONIC Drive-In

News Provided by Acquire Media

 

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SONIC's New Ultimate Chicken Club (Photo: Business Wire)

SONIC’s New Ultimate Chicken Club (Photo: Business Wire)

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SONIC® to introduce Seasoned Jumbo Popcorn Chicken

Flavors include Sriracha, Garlic Parmesan and Honey Barbeque

OKLAHOMA CITY, 2015-12-22 — /EPR Retail News/ — SONIC® Drive-In (NASDAQ: SONC) today announced an innovative spin to its popular premium chicken menu that delivers high quality taste in a bite-sized snack with the introduction of Seasoned Jumbo Popcorn Chicken. Seasoned with bold flavors to satisfy chicken cravings – including Sriracha, Garlic Parmesan and Honey Barbeque – this new twist on a fan favorite is available only at SONIC for a limited time only.

SONIC’s juicy popcorn chicken is made with marinated 100 percent premium all-white meat chicken, covered in an extra crispy coating and tossed with one of three savory flavors that deliver on taste in every bite. Perfect for a snack or a meal, this poppable chicken won’t disappoint.

“At SONIC, we continually create new flavor combinations for our chicken lineup that guests will love on-the-go,” said Todd Smith, chief marketing officer. “Our culinary team shook things up on our menu by adding the new Seasoned Jumbo Popcorn Chicken to build off a menu item our guests crave. These bites of juicy chicken have all the flavor packed into the seasoning, so guests don’t need dipping sauce, forks, or napkins.”

Inspired by the popular fiery red sauce, SONIC’s Sriracha seasoning is made from ground red peppers that add a kick in every bite. Always a crowd pleaser, the Garlic Parmesan seasoning is made with Parmesan cheese, roasted garlic and Italian herbs. The Honey Barbeque seasoning is made with real brown sugar and honey to bring barbeque lovers the perfect balance of sweet and savory.

Perfect for a quick snack or pair an order of Seasoned Jumbo Popcorn Chicken with Tots and a classic Cherry Limeade to make a meal for lunch or dinner.

About SONIC, America’s Drive-In
SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving more than 3 million customers every day. Nearly 90 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. Over more than 60 years, SONIC has delighted guests with signature menu items, more than 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning philanthropic campaign in partnership with DonorsChoose.org, SONIC has donated more than $5 million to public school teachers nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in today’s youth. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn more about SONIC’s Limeades for Learning initiative, please visit Limeadesforlearning.com.

SONC-M

SONIC Drive-In
Matthew Young, 512-542-2802
Matthew.Young@cohnwolfe.com
or
Christi Woodworth, 405-225-5600
Vice President of Public Relations
Christi.Woodworth@sonicdrivein.com

Source: SONIC Drive-In

News Provided by Acquire Media

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Garlic Parmesan flavor (Photo: Business Wire)

Garlic Parmesan flavor (Photo: Business Wire)

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SONIC® opens its first Rhode Island drive-in location

America’s Drive-In Enters 45th State with Smithfield Area Location

SMITHFIELD, R.I., 2015-11-27 — /EPR Retail News/ — SONIC, America’s Drive-In®, is celebrating the opening of its first Rhode Island drive-in location on Monday, October 26, 2015. Whether it’s to delight in experiencing SONIC for the first time, or to merely enjoy the delicious Real Ice Cream Shakes and Premium Beef Hot Dogs, the Rhode Island community is invited to celebrate and dive into a new flavor experience with SONIC.

The new Smithfield SONIC is conveniently located at 393 Putnam Pike by Route 44. The drive-in will be open from 7 a.m. until midnight seven days a week.

“We are thrilled to be the first franchisees to bring the SONIC experience to Rhode Island,” said Bob Bowen, franchisee of the new drive-in. “The drive-in will feature an indoor dining room to accommodate up to 70 guests, a double drive-thru and a drive-in area with 12 parking stalls for cars to pull in, offering our fans many ways to enjoy SONIC.”

The location already has eager customers arriving hoping to get their first taste of SONIC’s signature menu offerings. Once open, SONIC guests have the privilege of enjoying their breakfast, lunch and dinner favorites all day. SONIC’s customizable options and various made-to-order combinations make it the perfect place to satisfy all cravings.

Rhode Island is the 45th state for the expanding brand, with the Smithfield location being the first to open in the state. Plans to bring two additional drive-ins to Rhode Island are in motion as well, with both drive-ins expected to open in the next few years. The swiftly growing brand plans to open an additional 50 to 60 new franchise locations across the nation within the next year.

“Our expansion into our 45th state proves that SONIC has grown far beyond the regional player it once was; this opening is not only a milestone but also a stepping stone toward our goal of having a SONIC Drive-In convenient to all guests in the U.S.,” said Drew Ritger, senior vice president of development at SONIC. “SONIC is expanding rapidly through franchise partnerships like this one in Rhode Island, and we are constantly looking for new entrepreneurs interested in becoming a part of a different kind of restaurant concept.”

There are still many opportunities for SONIC to expand through strategic franchise partnerships like this one in New England including Rhode Island,Connecticut, Maine, Massachusetts, New Hampshire and Vermont. SONIC offers franchisees flexibility with multiple drive-in formats, including the indoor dining offering especially suited to colder climates. Individuals interested in pursuing a SONIC franchise are encouraged to visit sonicfranchises.com for more information on qualifications and brand support.

About SONIC, America’s Drive-In
SONIC, America’s Drive-In, is the nation’s largest drive-in restaurant chain serving more than 3 million customers every day. Nearly 90 percent of SONIC’s 3,500 drive-in locations are owned and operated by local businessmen and women. Over the past 60 years, SONIC has delighted guests with signature menu items, more than 1.3 million drink combinations and friendly service by iconic Carhops. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com or follow us on Facebook and Twitter.

SONC-D

SONIC Drive-In
Madison LaRoche, 512-542-2842
Madison.LaRoche@CohnWolfe.com

Source: SONIC Drive-In

News Provided by Acquire Media

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SONIC opened its first Rhode Island drive-in location on Monday, October 26, 2015

America’s Drive-In Enters 45th State with Smithfield Area Location

SMITHFIELD, R.I., 2015-10-28 — /EPR Retail News/ — SONIC, America’s Drive-In®, is celebrating the opening of its first Rhode Island drive-in location on Monday, October 26, 2015. Whether it’s to delight in experiencing SONIC for the first time, or to merely enjoy the delicious Real Ice Cream Shakes and Premium Beef Hot Dogs, the Rhode Island community is invited to celebrate and dive into a new flavor experience with SONIC.

The new Smithfield SONIC is conveniently located at 393 Putnam Pike by Route 44. The drive-in will be open from 7 a.m. until midnight seven days a week.

“We are thrilled to be the first franchisees to bring the SONIC experience to Rhode Island,” said Bob Bowen, franchisee of the new drive-in. “The drive-in will feature an indoor dining room to accommodate up to 70 guests, a double drive-thru and a drive-in area with 12 parking stalls for cars to pull in, offering our fans many ways to enjoy SONIC.”

The location already has eager customers arriving hoping to get their first taste of SONIC’s signature menu offerings. Once open, SONIC guests have the privilege of enjoying their breakfast, lunch and dinner favorites all day. SONIC’s customizable options and various made-to-order combinations make it the perfect place to satisfy all cravings.

Rhode Island is the 45th state for the expanding brand, with the Smithfield location being the first to open in the state. Plans to bring two additional drive-ins to Rhode Island are in motion as well, with both drive-ins expected to open in the next few years. The swiftly growing brand plans to open an additional 50 to 60 new franchise locations across the nation within the next year.

“Our expansion into our 45th state proves that SONIC has grown far beyond the regional player it once was; this opening is not only a milestone but also a stepping stone toward our goal of having a SONIC Drive-In convenient to all guests in the U.S.,” said Drew Ritger, senior vice president of development at SONIC. “SONIC is expanding rapidly through franchise partnerships like this one in Rhode Island, and we are constantly looking for new entrepreneurs interested in becoming a part of a different kind of restaurant concept.”

There are still many opportunities for SONIC to expand through strategic franchise partnerships like this one in New England including Rhode Island,Connecticut, Maine, Massachusetts, New Hampshire and Vermont. SONIC offers franchisees flexibility with multiple drive-in formats, including the indoor dining offering especially suited to colder climates. Individuals interested in pursuing a SONIC franchise are encouraged to visit sonicfranchises.com for more information on qualifications and brand support.

About SONIC, America’s Drive-In
SONIC, America’s Drive-In, is the nation’s largest drive-in restaurant chain serving more than 3 million customers every day. Nearly 90 percent of SONIC’s 3,500 drive-in locations are owned and operated by local businessmen and women. Over the past 60 years, SONIC has delighted guests with signature menu items, more than 1.3 million drink combinations and friendly service by iconic Carhops. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com or follow us on Facebook and Twitter.

SONIC Drive-In
Madison LaRoche, 512-542-2842
Madison.LaRoche@CohnWolfe.com

Source: SONIC Drive-In

News Provided by Acquire Media

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Drive-in restaurants chain Sonic reports system-wide same-store sales for its fiscal 2015 of 7.3%

  • Same-Store Sales Growth for the Fourth Fiscal Quarter 2015 Was 4.9%
  • Fourth Fiscal Quarter 2015 Earnings Conference Call Date Announced

OKLAHOMA CITY, 2015-9-16 — /EPR Retail News/ — Sonic Corp. (NASDAQ:SONC), the nation’s largest chain of drive-in restaurants, today announced system-wide same-store sales for its fiscal 2015 of 7.3%. Same-store sales growth reflected an increase of approximately 6.9% at company drive-ins and 7.3% at franchise drive-ins for the year ended August 31, 2015. The Company also announced that system-wide same-store sales for its fourth fiscal quarter increased approximately 4.9%. Same-store sales growth reflected an increase of approximately 4.5% at company drive-ins and approximately 4.9% at franchise drive-ins for the fourth fiscal quarter.

“Fiscal 2015 was a great year for our business and brand. Our multiple initiatives focused on product innovation, multi-day part promotions and effective media, all of which drove annual same-store sales growth of 7.3%. This is particularly noteworthy given our strong performance in fiscal 2014,” said Cliff Hudson, Sonic Corp. CEO. “We also completed $124 million of share repurchases and initiated a quarterly dividend building shareholder value.

“Over the past five years we have driven consistent, positive same-store sales and solid earnings per share growth through our multi-layered growth strategy, which incorporates same-store sales growth, operating leverage, deployment of free cash1, increasing royalty revenues and new drive-in development. We are especially pleased that we have repurchased more than $270 million of outstanding shares since fiscal 2011, representing over 25% of our outstanding shares in that time period.” Hudson continued, “Looking forward, we believe our growth strategy with multiple sales and profit initiatives complemented by new unit growth and our robust share repurchase program and dividends will continue to optimize shareholder value and drive double-digit earnings per share in the near term and long term.”

Fiscal Year 2016 Outlook

While the macroeconomic environment may impact results, the Company expects its initiatives to drive 14% to 18% earnings per share growth for fiscal 2016. The outlook for fiscal 2016 anticipates the following elements:

  • 2% to 4% same-store sales growth for the system;
  • Royalty revenue growth from same-store sales improvements and new unit development;
  • 50 to 60 new franchise drive-in openings, with another year of net unit growth for the system;
  • Drive-in-level margin improvement between 75 to 125 basis points, depending upon the degree of same-store sales growth at company drive-ins;
  • Selling, general and administrative expenses of $81.5 million to $82.5 million reflecting increased investment in human resources to support brand initiatives;
  • Depreciation and amortization expense of $45.5 million to $46.5 million as a result of capital investment in fiscal 2016;
  • An income tax rate between 36.5% to 37.5%;
  • The planned repurchase of $126 million of stock across the fiscal year, with $19 million of the previously announced $145 million authorization purchased in fiscal 2015; and
  • An expected quarterly cash dividend of $0.11 per share.

1 Free cash flow is defined as net income plus depreciation, amortization and stock compensation expenses, less capital expenditures.

Fourth Fiscal Quarter 2015 Earnings Call

The Company will release results for the quarter ended August 31, 2015 at approximately 4:01 PM ET on Monday, October 19, 2015. The Company will host a conference call to review financial results at 5:00 PM ET that evening. The conference call can be accessed live over the phone by dialing (888) 455-2260 or (719) 325-2494 for international callers. A replay will be available one hour after the call and can be accessed by dialing (877) 870-5176 or (858) 384-5517 for international callers; the conference ID is 9318637. The replay will be available until Monday, October 26, 2015. An online replay of the conference call will be available approximately two hours after the conclusion of the live broadcast. A link to this event may be found on the company’s investor relations website at http://ir.sonicdrivein.com/.

About Sonic
SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving more than 3 million customers every day. Nearly 90 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. Over the past 60 years, SONIC has delighted guests with signature menu items, more than 1.3 million drink combinations and friendly service by iconic Carhops. To learn more about Sonic Corp.(NASDAQ/NM: SONC), please visit sonicdrivein.com or follow us on Facebook and Twitter.

This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements reflect management’s expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from those expressed in, or underlying, these forward-looking statements are detailed in the company’s annual and quarterly report filings with the Securities and Exchange Commission. The company undertakes no obligation to publicly release revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unforeseen events, except as required to be reported under the rules and regulations of the Securities and Exchange Commission.

SONC-F

Sonic Corp.
Claudia S. San Pedro, 405-225-4846
Executive Vice President and Chief Financial Officer

Source: Sonic Corp.

News Provided by Acquire Media