Popeyes Louisiana Kitchen (PLKI) Tops Q3 EPS by 6c

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Popeyes Louisiana Kitchen, Inc. Reports Results for Third Quarter 2016; Reaffirms Same-Store Sales Guidance and Updates Earnings Guidance

November 9, 2016 4:16 PM EST

Maintains Adjusted Earnings Per Share Guidance Range

ATLANTA--(BUSINESS WIRE)-- Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today reported results for its fiscal third quarter of 2016, which ended October 2, 2016. The Company also reaffirmed same-store sales guidance and updated earnings guidance for fiscal 2016.

We are pleased to report strong progress for the quarter said Cheryl Bachelder, Popeyes Chief Executive Officer. We generated global same store sales of 1.8%, opened 25 net new global restaurants and announced the refranchising of the Indianapolis company-operated... More