AFC Enterprises (AFCE)

AFC reported global same-store sales decreased 1.0 percent in the 2009 fiscal fourth quarter ended Dec 27th, compared to a decrease of 2.1 percent during the same time last year. Global same-store sales increased 0.7 percent for the full fiscal 2009. The Company expects 2009 reported earnings to be at the upper end of $0.66-$0.70 per diluted share, compared to reported earnings of $0.76 per diluted share in 2008.
AFC Enterprises, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest quick-service restaurant chicken concept based on number of units. As of December 27, 2009, Popeyes had 1,943 restaurants in the United States, Puerto Rico, Guam and 27 foreign countries.

Jan 11 · 4:22:00 PM · Source: Company Press Release
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by Rich Pike