AFC cites new products, value for driving sales
AFC Enterprises Inc., parent of the Popeyes Louisiana Kitchen chain, said distinctive products and a focus on value helped drive sales and earnings in its latest quarter. AFC’s net income rose 6.3 percent to $6.8 million, or $0.26 per share, in the second quarter ended July 11, compared with $6.4 million, or $0.25 per share, last year, the company reported Wednesday. Revenue slipped to $34.3 million, compared to $35.7 million in last year's second quarter, when the company sold 13 ...
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