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Article: AFC Reports Financial Results for Third Quarter 2008.
- Article from:
- PR Newswire
- Article date:
- November 12, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ATLANTA, Nov. 12 /PRNewswire-FirstCall/ -- AFC Enterprises, Inc. , the franchisor and operator of Popeyes(R) restaurants, today reported results for its fiscal third quarter which ended October 5, 2008. The Company announced preliminary fiscal third quarter earnings per share and operational results in its press release dated October 24, 2008.
Third Quarter 2008 Highlights Compared to Third Quarter 2007:
-- Net income was $4.0 million, or $0.16 per diluted share, compared to
$6.5 million, or $0.23 per diluted share, last year. Excluding the
pre-tax impact of $1.3 million of other non-operating income last year,
net income last year would ...