Key Developments For AFC Enterprises, Inc.
AFC Enterprises, Inc. (AFCE.O) (Consolidated Issue listed on NASDAQ Global Market)
AFC Enterprises, Inc. Comments On FY 2009 Same Store Sales Guidance; Sees FY 2009 EPS At High End Of Prior Range
AFC Enterprises, Inc. announced that it has updated fiscal 2009 earnings guidance and now expects same-store sales at the lower end of the range of its previous guidance at breakeven to positive 2.0%. The Company expects 2009 earnings to be at the upper end of its guidance of $0.66-$0.70 per diluted share. Adjusted earnings per diluted share are expected to be at the upper end of its guidance of $0.65-$0.69 in 2009 as compared to $0.65 in the prior year. According to Reuters Estimates, analysts are expecting the Company to report EPS of $0.69 for fiscal 2009.
AFC Enterprises, Inc. Raises FY 2009 EPS Outlook; Raises FY 2009 Same Store Sales Outlook Range
AFC Enterprises, Inc. announced that for fiscal 2009, it has raised earnings to a range of $0.66-$0.70 per diluted share, compared to previous guidance at the upper end of the range of $0.62-$0.67 per diluted share. Adjusted earnings per share are expected to be $0.65-$0.69 in 2009 as compared to $0.65 in the prior year. The Company has increased same-store sales to be in the range of 0.0% to positive 2.0%, an increase from the Company's previous guidance of negative 1.0% to positive 1.0%. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $0.67 for fiscal 2009.
AFC Enterprises, Inc. Reaffirms FY 2009 EPS And Same Store Sales Guidance-Conference Call
AFC Enterprises, Inc. reaffirmed its fiscal 2009 guidance and expects same-store sales to be in the range of negative 1% to positive 1% and earnings per-share (EPS) to be at the higher end of the range of $0.62-$0.67 a share. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $0.66 for the same period.
AFC Enterprises, Inc. Raises FY 2009 Same Store Sales Guidance; Sees FY 2009 EPS At Upper End Of Prior Guidance
AFC Enterprises, Inc. announced that, given the favorable guest response to Popeyes new value offerings, the Company is projecting global same-store sales for fiscal 2009 to be in the range of negative 1.0% to positive 1.0%, an increase from previous guidance of negative 1.0% to negative 3.0%. Based on the projected improvements in same-store sales, the Company now expects fiscal 2009 earnings per share (EPS) projection to be at the upper end of the guidance range of $0.62-$0.67 per diluted share. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $0.64 for the same period.
AFC Enterprises, Inc. Issues FY 2009 EPS Guidance In Line With Analysts' Estimates
AFC Enterprises, Inc. announced that for fiscal 2009, it expects earnings to be in the range of $0.62-$0.67 per diluted share, excluding $0.11 of other non-operating income. The Company's fiscal 2009 earnings per diluted share guidance excludes the impact of one-time items and other non-operational income or expenses. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.65 for the same period.
