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Sonic Corp. · Oklahoma City, OK United States ·(NASDAQ (GS): SONC)

Company Description

300 Johnny Bench Dr.
Oklahoma City, OK
73104
United States (Map)
Phone: 405-225-5000
Fax: 405-280-7696
Rankings
  • S&P 600
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Keeping the drive-in burger joint alive sounds like a good idea to this company. Sonic Corp. operates the largest chain of quick-service drive-ins in the US, with more than 3,500 locations in Texas and more than 35 other mostly Southern states. The eateries offer a menu of hamburgers, chili cheese hot dogs (Coneys), onion rings, and tater tots, along with breakfast burritos, wrap sandwiches, and frozen desserts. Most locations offer drive-thru service and some have indoor seating. The company operates and has a majority interest in about 490 of the restaurants, while the rest are operated by franchisees. To read the full description, subscribe now.
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Key Sonic Corp. Financials

Company TypePublic - NASDAQ (GS): SONC

Headquarters
Fiscal Year-EndAugust
2008 Sales (mil.)$804.7
2008 Employees21,383

Sonic Corp. Executives

26 executives listed for Sonic Corp.'s Oklahoma City, OK location.
TitleName & BioContact
Chairman and CEOJ. Clifford HudsonNetwork
President, Sonic Corp. and Sonic IndustriesW. McLainNetwork
COOMichael PerryNetwork

Competition

Competitive Landscape for Sonic Corp.
Demographics, consumer tastes, and personal income drive demand. The profitability of individual companies can vary: while QSRs rely on efficient operations and high volume sales, FSRs rely on high-margin items and effective marketing. Large companies have advantages in purchasing, finance, and marketing. Small companies can offer superior food or service. The industry is highly labor-intensive: annual revenue per worker is between $40,000 and $45,000. Restaurants compete with companies that serve meals or prepared foods, including grocery stores, warehouse clubs, delis, and convenience stores. In addition, restaurants compete with home cooking. To read the full description, subscribe now.
Top Sonic Corp. Competitors
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