Popeyes returns to positive comps, profit still falls

ATLANTA AFC Enterprises Inc., parent of the Popeyes Louisiana Kitchen chain, said the success of several value meal promotions in the first quarter led to a return to positive global same-store sales for the first time in about three years. The company still posted a nearly 22-percent decline in first-quarter profit.

Still, the better-then-expected sales results led the company to increase its estimated annual same-store sales range and report that earnings per sh

Register to view the full article

Register to view this article

Already a member? .

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