Sonic Corp. (SONC) reported that its fourth-quarter net income decreased to $16.888 million or $0.28 per share from $20.244 million or $0.33 per share last year.
Adjusted Non-GAAP net income was $17.519 million or $0.29 per share compared to $18.878 million or $0.31 per share prior year. On average, 18 analysts polled by Thomson Reuters expected the company to report profit of $0.27 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues decreased to $173.823 million from $226.913 million a year ago. Analysts expected revenue of $170.06 million for the quarter.
System-wide same-store sales declined 4.5% for the fourth quarter. Same-store sales at partner drive-ins declined 5.3% in the quarter.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.