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 ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!