Breakfast or the Big Mac: Which Is McDonald’s Best Bet Going Forward?
Michael Carter, The Motley Fool - Motley Fool - Thu May 08, 1:00PM CDT
For decades, McDonald's has been one of the most popular fast food outlets for both breakfast and burgers alike. In fact, McDonald's most popular burger, the Big Mac, is sold more than 550 million times a year in the U.S. alone. However, in...
Why Sonic (SONC) Stock Is Higher In Pre-Market Trading On Thursday
at The Street - Thu May 08, 7:53AM CDT
Sonic (SONC) stock is up in pre-market trading today following a ratings upgrade to 'outperform' from 'perform' at Oppenheimer.
Upgrade Alert for Sonic (SONC)
Comtex SmarTrend(R) - Thu May 08, 7:03AM CDT
Sonic (NASDAQ:SONC) was upgraded from Perform to Outperform at Oppenheimer today. The stock closed yesterday at $19.55 on volume of 1.1 million shares, above average daily volume of 938,000. There is potential upside of 15.1% for shares of Sonic based on a current price of $19.55 and an average consensus analyst price target of $22.50. The stock should hit resistance at its 50-day moving average (MA) of $20.98, as well as support at its 200-day MA of $19.06.
After Another Solid Quarter, Is Sonic Worth Betting On?
Robert Hanley, The Motley Fool - Motley Fool - Thu May 01, 12:30PM CDT
It has been tough times in the fast-food patch lately. Operators generally struggle with declining customer volumes and per-store sales, epitomized by the struggles of industry bellwether McDonald's . Amid the gloom, though, there are pockets of...
SONIC's 50 Shake and Slush Flavors for Summer Offer Largest Frozen Variety in Fast Food
Business Wire - Tue Apr 29, 8:45AM CDT
SONIC(R) Drive-In (NASDAQ: SONC) is bringing back its wildly successful Summer of Shakes for another year - and giving fans even more reasons to embrace the season with 25 slush flavors. With 50 refreshing and colorful creations, guests needn't look any further than America's Drive-In for the satisfying and icy treats they'll crave all summer. New slush flavors like Blue Raspberry made with NERDS(R) and rainbow candies, Super Peach Ring and Polynesian Punch quench thirsts with a kaleidoscope of color. Enticingly sweet, hand-mixed shake creations like OREO(R) Peanut Butter, Cookie Dough and Chocolate Hazelnut Cream offer satisfaction that only SONIC's Real Ice Cream can provide. As an added treat, shakes are half-price after 8 p.m. all summer long, and slushes are half-price during SONIC's beloved Happy Hour, every day from 2-4 p.m. at participating locations!
Sonic Corp. Promotes Two Marketing Executives
Business Wire - Thu Apr 24, 1:59PM CDT
Sonic Corp. (NASDAQ: SONC), parent company and franchisor of the nation's largest chain of drive-in restaurants, today announced the promotions of two executives within the marketing team. Senior Vice President James O'Reilly is being promoted from chief marketing officer to chief brand officer, and Todd Smith is being promoted from vice president of marketing to chief marketing officer. The expanded responsibilities of these executives are a reflection of the success they have brought to the SONIC brand during their tenure.
SONIC Drive-in Could Solve McDonald’s Problem
Nickey Friedman, The Motley Fool - Motley Fool - Thu Apr 24, 10:00AM CDT
Did you know that McDonald's started out as McDonald's Bar-B-Que with a carhop style just like that of SONIC Drive-in ? The menu back then had twenty-five items, which were mostly barbequed, but the founding McDonalds brothers decided to cut...
Looking for a Growth Stock? Why It is Time to Focus on Sonic (SONC) - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Apr 24, 7:32AM CDT
Sonic(SONC)is well-positioned for future earnings growth. It saw EPS growth of 20.0% last year, and is looking great for this year too. Furthermore, the long-term growth rate is currently an impressive 15.2%, suggesting pretty good prospects for the long haul.
Uptrend Call Working As Sonic Stock Rises 10.4% (SONC)
Comtex SmarTrend(R) - Wed Apr 23, 11:17AM CDT
SmarTrend identified an Uptrend for Sonic (NASDAQ:SONC) on February 18th, 2014 at $18.88. In approximately 2 months, Sonic has returned 10.36% as of today's recent price of $20.83.
Oklahoma-based Sonic plans expansion over 10 years
The Oklahoman - Fri Apr 18, 10:21AM CDT
OKLAHOMA CITY (AP) — Oklahoma-based Sonic Corp. plans to open 1,000 new drive-in restaurants nationwide over the next 10 years, expanding the chain by about 30 percent, the company said.
SONIC Drive-In, One of America's Largest Restaurant Brands, Aims to Open One Thousand Locations Over the Next 10 Years
Business Wire - Thu Apr 17, 7:00AM CDT
With more than 60 years in the quick-service game and a robust presence in the South and Central Plains, SONIC(R) Drive-In (NASDAQ: SONC), the nation's largest chain of drive-in restaurants, is making bold progress in its commitment to expanding across the United States primarily through coast-to-coast franchise development. The brand recently placed in the top six percent of franchise brands in the Entrepreneur 2014 Franchise 500, coming in as the third highest burger chain among all franchise brands reviewed, signifying a strong start to 2014. As a franchise-centric company offering substantial franchisee support services, a national advertising budget in excess of $100 million annually and brand differentiation impossible to duplicate, SONIC Drive-In is primed for expansion with a goal of one thousand new drive-ins in the next 10 years.
Will This Upgrade Help Sonic (SONC) Stock Today?
at The Street - Wed Apr 16, 7:45AM CDT
Sonic (SONC) stock could trade higher today thanks to a ratings upgrade to 'buy' from 'neutral' at Sterne Agee.
Watch for Sonic to Potentially Rebound After Falling 1.56% Yesterday
Comtex SmarTrend(R) - Mon Apr 14, 5:58PM CDT
Sonic (NASDAQ:SONC) traded in a range yesterday that spanned from a low of $20.12 to a high of $21.29. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $21.04 on volume of 1.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Sonic Shares Up 12.4% Since SmarTrend's Buy Recommendation (SONC)
Comtex SmarTrend(R) - Fri Apr 11, 9:42AM CDT
SmarTrend identified an Uptrend for Sonic (NASDAQ:SONC) on February 18th, 2014 at $18.88. In approximately 2 months, Sonic has returned 12.42% as of today's recent price of $21.22.
Who Is Winning the Burger War?
at The Street - Thu Apr 10, 7:40AM CDT
Burger King and McDonald's have been the archrivals, but hungry competitors include Jack in the Box, Red Robin, Sonic and Wendy's.
SONIC(R) Rated #1 Burger Chain, #5 Brand Overall by 2014 Consumer Experience Study
Business Wire - Tue Apr 08, 7:01AM CDT
SONIC Drive-In (NASDAQ: SONC) received top honors in the 2014 Temkin Experience Ratings report by market research organization Temkin Group, moving up to fifth place after earning the seventh spot in 2013. SONIC ranked higher than all other burger chains and tied for fifth place among 268 national brands, and was the only burger quick-service restaurant within the top five brands.
How Do Sonic, Starbucks, and McDonald’s Score for Customer Experience?
Dan Moskowitz, The Motley Fool - Motley Fool - Mon Apr 07, 6:00PM CDT
The 2014 Tempkin Experience Ratings have been released!Unsure of what that is, exactly? You are not alone. Many people are not familiar with this rating system, but they should be. It ranks customer experience for 268 companies based on 10,000 U.S...
This Restaurant Chain Is Doing the Happy Snow Dance
Nickey Friedman, The Motley Fool - Motley Fool - Sat Apr 05, 11:15AM CDT
You know you're about to read an uplifting earnings report for a restaurant chain when it begins with "same-store sales grow in spite of difficult weather." This is even more true of Sonic Corporation , which bills itself as the nation's largest...
Downgrade Alert for Sonic (SONC)
Comtex SmarTrend(R) - Fri Apr 04, 6:57AM CDT
Sonic (NASDAQ:SONC) was downgraded from Buy to Neutral at Buckingham today. The stock closed yesterday at $22.68 on volume of 431,000 shares, below average daily volume of 890,000. Sonic Corp. franchises and operates a chain of drive-in restaurants. The Company currently has Company-owned and franchised restaurants, principally in the south central and southeastern United States. Sonic's restaurants offer made-to-order hamburgers and other sandwiches, as well as signature items.
Shares of SONC Up 20.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu Apr 03, 5:07PM CDT
SmarTrend identified an Uptrend for Sonic (NASDAQ:SONC) on February 18th, 2014 at $18.88. In approximately 1 month, Sonic has returned 20.16% as of today's recent price of $22.68.