Popeyes Louisiana Kitchen Inc. reported Wednesday a 2-percent decline in net income for its July 13-ended second quarter, largely due to costs associated with executive transitions. Excluding the impact of those transition expenses, the Atlanta-based quick-service operator realized an adjusted increase in earnings of 39 cents per share, an increase of 11.4 percent. Earlier this month, Popeyes U.S. president Ralph Bower left the company to take the CEO role at Pei Wei Asian ...
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Contact: Desiree Torres Desiree.Torres@penton.com