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Sonic News & Media

Sonic reports boost in same-store sales; decliine in net income

June 24, 2016

Sonic Corp announced today that system same-store sales increased 2 percent during Q3 but net income per diluted share decreased 18 percent to $0.31 compared…

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Customers will ultimately pay the price from wage increase, says Sonic chief

April 1, 2016

The higher minimum wage will likely be paid for through menu pricing in order to keep franchises profitable, says CEO Clifford Hudson.

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