Sonic Foresees '04 Boom Via Breakfast Daypart, New Units <b></b>

Oklahoma City-Sonic Corp. believes its 2,706-unit Sonic Drive-In chain can produce 15 percent to 16 percent higher earnings per share in newly begun fiscal 2004 from higher sales, new units, franchise royalty growth and share repurchases.

The company, whose income from operations rose 7.5 percent on a 12.6-percent increase in revenues for its August-ended fourth quarter, also expects to continue to benefit from breakfast, as the recently completed rollout takes hold in developing markets. -Nation's Restaurant News

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Most Popular

See all
Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

By Sherin Shibu
Innovation

4 Ways Market Leaders Use Innovation to Foster Business Growth

Forward-thinkers constantly strive to diversify and streamline their products and services, turning novelties into commodities desired by many.

By Kelly Wing
Branding

How Introverts Can Lean Into Their Strengths and Unleash Their Personal Branding Superpower

Introverts are just as well-equipped as extroverts to share their thoughts and messages on social media platforms. Learn why and some tips on how to build confidence and get started on your personal branding journey.

By Megan Thudium
Side Hustle

'Hustling Since Middle School': She Started a Side Hustle on Facebook Marketplace — Then a 'Game-Changer' Grew It to $25,000 a Month

Leena Pettigrew's "entrepreneurial spirit" inspired her to build a business with earnings that outpaced her full-time income.

By Amanda Breen
Leadership

From Elite Athletes to Tech Titans — Discover the Surprising $100-Million Habit That Leads to Extraordinary Success

Success comes from mastering focus, eliminating distractions and prioritizing what truly matters.

By Ivana Johnston
Marketing

Entrepreneurs Use Social Media All Wrong. Instead of Creating Content, Treat Your Profile Like A Sales Page

Creating content is an overrated way to build a business. Here's a better way.

By Jonathan Goodman