In Line 4Q At AFC Enterprises
AFC Enterprises Inc. (NASDAQ:AFCE) posted adjusted earnings of 24 cents per share in the fourth quarter of 2011, in line with the Zacks Consensus Estimate and higher than the year-ago quarter level of 19 cents per share. In full-fiscal 2011, earnings per share were 99 cents versus 86 cents in 2010. The year-over-year improvement was [...]
AFC Enterprises Inc. (NASDAQ:AFCE) posted adjusted earnings of 24 cents per share in the fourth quarter of 2011, in line with the Zacks Consensus Estimate and higher than the year-ago quarter level of 19 cents per share. In full-fiscal 2011, earnings per share were 99 cents versus 86 cents in 2010.
The year-over-year improvement was driven by strong same-store sales. Moreover, the company has four strategic plans in place. These include development of the Popeye’s brand, more value-added services … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards