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.
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by Rich Pike
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