| Nasdaq: SONC
Sonic Corp. operates and franchises a chain of drive-in restaurants. It operates its business through two segments: Company Drive-Ins and Franchise Operations. The Drive-Ins segment drives operations of the company's operating subsidiary, Sonic Restaurants, Inc., which owns a controlling ownership interest in operating restaurants. The Franchise Operations segment is engaged in franchising activities. Sonic was founded by Troy N. Smith Sr. in 1953 and is headquartered in Oklahoma City, OK.