OKLAHOMA CITY (AP) -- Sonic Corp. said Thursday that its fiscal 2010 adjusted profit will climb from the previous year, helped by lower commodity costs and reduced interest expense.
The chain of drive-in restaurants anticipates adjusted earnings will rise 10 percent to 12 percent from 2009.
It hasn't reported its fiscal 2009 results yet, but is expected to do so on Oct. 20.
Analysts polled by Thomson Reuters, whose estimates normally exclude one-time items, expect 2009 earnings of 71 cents a share and 2010 earnings of 80 cents per share.
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