Popeyes Louisiana Kitchen (PLKI) Misses Q1 EPS by 6c; Guides In-Line

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Go back to Popeyes Louisiana Kitchen (PLKI) Misses Q1 EPS by 6c; Guides In-Line

Popeyes Louisiana Kitchen, Inc. Reports Results for First Quarter 2016

May 25, 2016 4:05 PM EDT

Reaffirms Fiscal Year 2016 Guidance

ATLANTA--(BUSINESS WIRE)-- Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today reported results for its fiscal first quarter of 2016, which ended April 17, 2016. The Company also reaffirmed earnings guidance for fiscal 2016.

We are on track to deliver our 2016 full year guidance and we are confident in our future outlook as we make progress against our new, next generation Strategic Roadmap. We reported global same-store sales of 1.6% and earnings per diluted share of $0.58 during the first quarter, which was in line... More