On Monday, Sonic Corporation (NASDAQ:SONC)’s shares inclined 2.58% to $34.22.
Sonic Corporation (SONC) declared results for the third fiscal quarter ended May 31, 2015.
Key highlights of the company’s third quarter of fiscal year 2015 comprised of:
- Net income per diluted share was $0.38 contrast with net income per diluted share of $0.30 in the prior-year period; not taking into account tax adjustments of $1.1 million, or $0.02 per share in the third fiscal quarter of 2015, earnings per share would have been $0.36, an enhance of 20% from the prior-year same period;
- System same-store sales raised 6.1%, comprising of a 6.1% same-store sales enhance at franchise drive-ins and an enhance of 5.5% at company drive-ins; and
- Company drive-in margins improved by 100 basis points.
Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in the United States. As of March 13, 2015, the company operated 3,517 restaurants in 44 states. It also leases signs and real estate. The company was founded in 1953 and is headquartered in Oklahoma City, Oklahoma.
Mattel, Inc. (NASDAQ:MAT)’s shares gained 0.73% to $26.86.
Mattel, Inc. (MAT) has partnered with Tesla Motors Inc. to roll out a Hot Wheels version of the Model S luxury electric car.
The toy car retails for $1.09, much cheaper than the $100,000 price tag for the real-sized fully loaded, all-wheel drive Model S P85D.
The Hot Wheels Model S comes in silver or red and hits Target and Toy’s R’ Us stores this month.
The Model S is not the first toy Tesla car that Mattel has made, but it is the first time the two companies are collaborating on a model. In 2008, El Segundo-based Mattel(Nasdaq: MAT) produced about one million toy models of the Tesla Roadster, which is now a collector’s item that sells for $30 to $50, according to Bloomberg.
Javier Verdura, director of product design at Palo Alto-based Tesla, told the Daily Breeze that designers from both companies worked together to ensure the new Hot Wheel car was a fair mixture of Tesla and Hot Wheels.
Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The company operates in three segments: North America, International, and American Girl. It offers dolls and accessories, vehicles and play sets, and games and puzzles under the Mattel Girls & Boys brands, counting Barbie, Monster High, Disney Classics, Ever After High, Little Mommy, Polly Pocket, Hot Wheels, Matchbox, CARS, Disney Planes, BOOMco, Radica, Toy Story, Max Steel, WWE Wrestling, and Batman. The company also provides its products under the Fisher-Price brands, such as Fisher-Price, Little People, BabyGear, Laugh & Learn, Imaginext, Thomas & Friends, Dora the Explorer, Mickey Mouse Clubhouse, Disney Jake, the Never Land Pirates, and Power Wheels.
At the end of Mondays trade, Harman International Industries Inc./DE/ (NYSE:HAR)‘s shares surged 0.08% to $126.15.
HARMAN (HAR), the leading global infotainment, audio and software services company, recently declared that the HARMAN Connected Services Division has achieved Automotive SPICE® Organizational Process Capability Level 3 certification.
By achieving this certification, HARMAN is one of the few organizations in the world to be recognized for its software development capabilities and practice in automotive electronics and embedded systems.
The independent assessment was conducted at multiple HARMAN locations (formerly Symphony Teleca), between September 2014 and April 2015 by Impronova AB and led by Alec Dorling, certified Principal Assessor.
Harman International Industries, Incorporated develops, manufactures, and markets audio products, lighting solutions, and electronic systems, in addition to digitally integrated audio and infotainment systems for the automotive industry worldwide. Its Infotainment segment offers infotainment systems for vehicle applications to be installed primarily as original equipment by automotive manufacturers.
Danaher Corporation (NYSE:DHR), ended its Monday’s trading session with 0.48% gain, and closed at $86.25.
MediaBeacon is an award-winning enterprise digital asset administration solutions provider, now an Esko/Danaher (NYSE: DHR) company.
MediaBeacon, Inc., a leading provider of digital asset administration (DAM) solutions, will be showcasing their latest technology at Henry Stewart DAM EU in London on June 25-26. MediaBeacon’s latest product is M4sterPlan, a groundbreaking enterprise file sync/share solution (EFSS) that extends its current set of powerful asset administration tools.
Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company’s Test & Measurement segment provides test, measurement, and monitoring products that are used in electronic design, manufacturing, and technology development; hardware and software solutions to deploy, manage, and secure communication network technologies and services; and tools, toolboxes, and automotive maintenance equipment.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
