UPDATE 1-TABLE-AFC Enterprises Q2 earnings rise; gives outlook
(Adds outlook)
Aug 22 (Reuters) -
AFC ENTERPRISES INC (AFCE.O)
(In $) Latest Yr ago qtr
EPS (diluted) 0.22 0.17
Net (million) 6.6 5.1
Total revenue (million) 38.3 34.4
Reuters Estimates: EPS $0.18, revenue 39.3 million
--For fiscal 2007, the franchisor and operator of Popeyes Chicken & Biscuits expects net earnings to be at the lower end of its prior view of 81 cents to 85 cents a share.
--The company said in the third quarter, it expects same-store sales to fall 1 percent to 2 percent and to be relatively flat in the fourth quarter.
--AFC said it expects total domestic same-store sales for full year 2007 to fall about 2 percent compared with its previous outlook of flat to slightly negative.
--For fiscal 2007, analysts on average were expecting earnings of 85 cents a share, excluding items, according to Reuters Estimates. (Reporting by Nachiket Kelkar in Bangalore)
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