For the year Sonic executives predict that the company will openbetween 180 and 190 new restaurants during the fiscal year, withabout 150 to 160 operated by franchisees. Between 65 and 75 ofthose new locations will open their doors during the fourthquarter.

Sonic is also renovating its existing store base. So far thisfiscal year, Sonic has retrofitted about 120 corporate drive-ins,and franchisees have done 81. For the year it is targeting 150corporate renovations and 250 to 300 by franchisees. All 3,200units are planned for completion in the next three to fouryears.

During the quarter, which ended May 31, revenues rose 13% fromthe same period last year, hitting $209.9 million, though netincome fell the same amount, to $20.6 million, due to higher debtand expenses related to share repurchases. Management predictsfourth-quarter revenue growth to increase between 10% and 12% morethan last year's Q4 and earnings per share to hit from 32 cents to33 cents compared to 29 cents.