Sonic warns
June 23, 2015 at 12:06 PM EDT
Sonic
Corp. (Nasdaq: SONC) reported higher third quarter revenue and earnings of 38 cents per diluted share compared with 30 cents per diluted share in the year ago period but
the restaurant chain warned that the macroeconomic environment may
negatively impact full year results sending the stock price plummeting $3.82 to $30.40.