Popeyes Louisiana Kitchen (PLKI) Tops Q3 EPS by 1c; Boosts FY15 Outlook

Popeyes Louisiana Kitchen (NASDAQ: PLKI) reported Q3 EPS of $0.46, $0.01 better than the analyst estimate of $0.45. Revenue for the quarter came in at $61.1 million versus the consensus estimate of $61.97 million.

• Global same-store sales increased 6.0% in 2015 compared to a 7.3% increase in 2014 for a two-year compounded growth rate of 13.7%. This positive sales growth reflects Popeyes' continued menu innovation, supported by compelling advertising and strengthened restaurant execution.
• Total domestic same-store sales increased 5.6%, compared to a 7.2% increase last year, for a two-year compounded growth rate of 13.2%.
• International same-store sales increased 9.1%, compared to 8.3% last year.

Popeyes Louisiana Kitchen sees FY2015 EPS of $1.86-$1.91, versus prior guidance of $1.85-$1.90 and the consensus of $1.90.

For earnings history and earnings-related data on Popeyes Louisiana Kitchen (PLKI) click here.

You May Also Be Interested In

• Sandisk targets mid-to-high teens revenue growth through FY2030
• Ideal Power (IPWR) Tops Q2 EPS by 2c
• Cellebrite DI Ltd. (CLBT) Tops Q2 EPS by 4c ; Offers Guidance