Quantcast
 
Annual return of 118.79% - See How  Click here now!


 

BRIEF: Sonic locations reopened

Fri. October 03, 2008; Posted: 06:06 PM
Stocks RSS
Oct 03, 2008 (The Oklahoman - McClatchy-Tribune Information Services via COMTEX) -- SONC | Quote | Chart | News | PowerRating -- Sonic Corp. on Thursday said only two of the 436 Sonic drive-in restaurants forced to close because of hurricanes have not yet reopened.

The stores are in the Beaumont-Houston area.

The storms initially closed down 100 partner drive-ins and 336 franchise locations, said spokeswoman Christi Woodworth. Some remain operating with limited hours and menus because of city services not yet at 100 percent or curfews still in effect in some smaller communities.

Woodworth said most of the restaurants reopened soon after Hurricanes Gustav and Ike hit in early September.

The closings initially affected about 1,000 employees, but about 300 crew members were significantly impacted, she said. Those workers have been able to apply for assistance from a fund set up and financed by Sonic Corp., some franchisees and suppliers.

To see more of The Oklahoman, Oklahoma City, or to subscribe to the newspaper, go to http://www.newsok.com. Copyright (c) 2008, The Oklahoman, Oklahoma City Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

For full details on Sonic Corp (SONC) click here. Sonic Corp (SONC) has Short Term PowerRatings of 7. Details on Sonic Corp (SONC) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2008 The Connors Group, Inc.