AFC Enterprises Inc., parent to the 1,977-unit Popeyes quick-service chicken chain, reported a 10-percent increase in fourth-quarter net income, driven by new unit openings and positive same-store sales trends. For the quarter ended Dec. 26, AFC’s net income totaled $4.4 million, or 18 cents per share, compared with $4.0 million, or 16 cents per share, in the same fourth quarter a year earlier. Latest-quarter revenue rose 5.4 percent to $34.2 million. Same-store sales increased 6.2 ...
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Contact: Desiree Torres Desiree.Torres@penton.com