Sonic Corp.

Sonic Corp.

Sonic Corp.

Overview
Date Founded

1990

Headquarters

300 Johnny Bench Drive, Oklahoma City, OK, 73104, USA

Type of Company

Public

Employees (Worldwide)

5,041

Industries

Restaurants
Other Business & Consulting Services

Company Description

Sonic Corp., through its subsidiaries, engages in the operation and franchising of chain of drive-in restaurants. Its product includes specialty drinks, ice cream desserts, made-to-order cheeseburgers, chicken entrees, hand-made onion rings, and tater tots. The company was founded by Troy N. Smith Sr. in 1953 and is headquartered in Oklahoma City, OK.

Contact Data
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Executives & Employees

President

Vice President, Chief Financial Officer & Treasurer

Chief Operating Officer

Senior Vice President, General Counsel & Assistant Corporate Secretary

Vice President & Chief Marketing Officer

Vice President & Chief Architect

Vice President & Chief Accounting Officer

President of Sonic Restaurants, Inc

Senior Director-Franchise Sales

Executive Vice President & Chief Brand Officer

Board of Directors

General Counsel at Arby's Restaurant Group, Inc.

Co-Founder & Chief Executive Officer at Inspire Brands, Inc.

Chief Financial Officer at Arby's Restaurant Group, Inc.

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Sonic Corp.
Recent Transactions
Details Hidden

Roark Capital Group, Inc., Inspire Brands, Inc. purchase Sonic Corp.

Details Hidden

Sonic Corp. purchases Sonic Corp. /22 Franchises

Details Hidden

Sonic Corp. purchases Sonic Corp. /51 Franchised Drive In Restaurants

Transaction Advisors
Accountant

Advised onSonic Corp. purchases Sonic Corp. /51 Franchised Drive In Restaurants

Investment Advisor

Advised onRoark Capital Group, Inc., Inspire Brands, Inc. purchase Sonic Corp.

Legal Advisor

Advised onRoark Capital Group, Inc., Inspire Brands, Inc. purchase Sonic Corp.

Associate

Advised onRoark Capital Group, Inc., Inspire Brands, Inc. purchase Sonic Corp.

Legal Advisor

Advised onRoark Capital Group, Inc., Inspire Brands, Inc. purchase Sonic Corp.

Associate

Advised onRoark Capital Group, Inc., Inspire Brands, Inc. purchase Sonic Corp.

Advisors & Consultants
Advisor

Former Chairman & Chief Executive Officer at United Way of Central Oklahoma

Advisor

Former Chief Executive Officer at Bailey Lauerman & Associates, Inc.

Key Stats and Financials As of 2018
Market Capitalization
$1.55B
Total Enterprise Value
Earnings Per Share
Revenue
$424M
EBITDA
$140M
Investors
Details Hidden

Director at Texas Legislative Sportsman's Caucus

Suppliers
Dr Pepper Snapple Group, Inc. Industrial Machinery & Manufacturing | Plano, TX

Dr Pepper Snapple Group, Inc. engages in the manufacturing, marketing and distribution of non-alcoholic beverages. It operates through the following segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages. The Beverage Concentrates segment involves in manufacturing and selling carbonated soft drinks and other branded concentrates and syrup. The Packaged Beverages segment offers manufacturing and distribution of packaged beverages and other products through both direct store delivery system and warehouse direct delivery system. The Latin America Beverages segment includes manufacturing and distribution of concentrates, syrup and finished beverages. The company was founded on October 24, 2007 and is headquartered in Plano, TX.

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Keurig Dr Pepper, Inc. Wholesale: Consumer Non-Durables/Sundries | Burlington, MA

Keurig Dr Pepper, Inc. manufactures and markets non-alcoholic beverages. It operates through the following segments: Beverage Concentrates, Packaged Beverages, Latin America Beverages and Coffee Systems. The Beverage concentrates segment is principally a brand ownership business where it manufactures and sells beverage concentrates in the U.S. and Canada. The Packaged Beverages segment is principally a brand ownership, manufacturing and distribution business. The Latin America Beverages segment participates mainly in the carbonated mineral water, flavored CSD, bottled water and vegetable juice categories, with particular strength in carbonated mineral water, vegetable juice categories and grapefruit flavored CSDs and The Coffee Systems segment is primarily a producer of single-serve brewing systems and specialty coffee in the U.S. and Canada. The company was founded in 2018 and is headquartered in the Burlington, Massachusetts.

Competitors
McDonald's Corp. Restaurants - Chicago, Illinois

McDonald's is the leading global foodservice retailer with more than 36,000 local restaurants serving approximately 69 million people in more than 100 countries each day.

Domino's Pizza, Inc. Restaurants - Ann Arbor, MI

Domino's Pizza, Inc. is a pizza company, which operates a network of company-owned and franchise-owned stores in the U.S. and international markets. It operates though the following three segments: U.S. Stores, International Franchise and Supply Chain. The U.S. Stores segment consists primarily of franchise operations. The International Franchise segment comprises of a network of franchised stores. The Supply Chain segment operates regional dough manufacturing and food supply chain centers. The company was founded by James Monaghan and Thomas Stephen Monaghan in 1960 and is headquartered in Ann Arbor, MI.

Restaurant Brands International, Inc. Restaurants - Toronto, Canada

Restaurant Brands International, Inc. is a holding company, which engages in the operation of quick service restaurants. It operates through the following brands: Tim Hortons, Burger King, and Popeyes. The Tim Hortons brand provides donut, coffee, and tea restaurant services. The Burger King brand manages fast food hamburger restaurant. The Popeyes brand handles chicken category of the quick service segment of the restaurant industry. The company was founded on August 25, 2014 and is headquartered in Oakville, Canada.

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