The company benefited from value deals and increased menu prices as it undergoes the largest construction project in its history.
Sonic is America's largest drive-in chain but has been facing intense pricing competition from bigger fast-food rivals.
The 3.3% increase in Q2 beat analysts' estimates as an increase in average check helped offset 1.8% fewer comparable restaurant transactions.
The fast-food giant benefited in Q1 from menu price increases that fueled higher check averages in the U.S.
“The fourth quarter was a solid ending to a year where Yum Brands met or exceeded each component of our full-year guidance,” CFO David Gibbs says.
Lance Tucker is leaving Papa John's after seven years as its CFO and will replace Jerry Rebel at Jack in the Box.
After pulling off an impressive turnaround at Arby's, Roark Capital faces a similar challenge at the chicken-wing chain.
The fast-food chain's stock falls 3% amid concerns it is losing ground to its rivals in the burger wars.
The Q3 revenue gain "is not bad per se, but ... it is clear that Chipotle has still not made up all of the ground it lost" after a food-safety scandal.
Deals such as McPick 2 and the Signature Crafted premium sandwich helped the chain post a 4.1% Q3 gain in U.S. same-store sales.
NRD Capital will purchase the restaurant chain, which has lost money for nine straight quarters amid competition from fast-dining concepts.
The parent of Applebee's and IHOP reports same-store sales declined at both chains and lowers full-year guidance.
