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Analyst Coverage


The analysts listed below regularly follow the company and, in connection with their research coverage, issue reports and earnings forecasts from time to time. Any opinions, estimates or forecasts regarding Sonic Corp.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of the company or its management. Sonic Corp. provides this information merely as a matter of convenience for interested investors; this information should not be construed as an endorsement of or concurrence with the analysts' conclusions or recommendations.

Firm Analyst
Banc of America/Merrill Lynch Securities   Joe Buckley
Barclays Capital   Jeffrey Bernstein
Cowen And Co   Paul Westra
Credit Suisse   Keith Siegner
Goldman Sachs Research   Steven Kron
JPMorgan Securities Equities   Steven Rees
Keybanc Capital Markets Inc.   Lynne Collier
Morgan Keegan & Company Inc.   Robert Derrington
Morgan Stanley   John Glass
Oppenheimer & Co., Inc.   Matthew DiFrisco
Piper Jaffray   Nicole Miller-Regan
RBC Capital Markets   Larry Miller
Stephens Inc.   Greg Ruedy
Stifel Nicolaus and Company, Inc.   Steve West
SunTrust Robinson Humphrey Capital Markets   Christopher O'Cull
Thomas Weisel Partners LLC   Fitzhugh Taylor
William Blair & Co.   Sharon Zackfia

Sonic Corp. is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding Sonic Corp.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Sonic Corp. or its management. Sonic Corp. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.