Maxim Group Downgrades Popeyes Louisiana Kitchen (PLKI) to Hold

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Go back to Maxim Group Downgrades Popeyes Louisiana Kitchen (PLKI) to Hold

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

August 16, 2016 4:05 PM EDT

Reaffirms Full Year Earnings Guidance

ATLANTA--(BUSINESS WIRE)-- Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today reported results for its fiscal second quarter of 2016, which ended July 10, 2016. The Company also reaffirmed earnings guidance for fiscal 2016.

The second quarter was a productive one for Popeyes on each of our three strategic pillars, despite the competitive pressures on comparable sales, said Cheryl Bachelder, Popeyes Chief Executive Officer. We have continued to offer our guests a balance of exciting new products and value-oriented promotions, and our share of... More