AFC shares marketing, growth plans

AFC shares marketing, growth plans

Heard on the call: Popeyes parent plans more promos after LTOs drove strong 1Q earnings

AFC Enterprises Inc., parent of the Popeyes quick-service chain, credited successful promotions for helping it bounce back in the first quarter from sluggish sales last year.

The Atlanta-based company also cited lower interest expense as it reported Wednesday a 24-percent jump in net income for the April 17-ended quarter. AFC earned $7.2 million, or 28 cents per share, in the period, compared with year-ago profit of $5.8 million, or 23 cents per share.

Revenue rose 6.8 percent,

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish