Popeyes 1Q profit rises 10.9%

Popeyes 1Q profit rises 10.9%

Company increases same-store sale guidance for remainder of year

Popeyes Louisiana Kitchen Inc. reported Wednesday a 10.9-percent increase in net income for the April 20-ended first quarter.

The Atlanta-based quick-service operator increased its same-store sale guidance for the remainder of the year, to a range of 3 percent to 4 percent, from an earlier forecast of 2 percent to 3 percent.

"We are excited about the growth Popeyes is experiencing, and so are our franchisees,” said Cheryl Bachelder, Popeyes’

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