AFC Enterprises Inc. (AFCE)

AFC Enterprises, Inc. engages in the development, operation, and franchising of quick-service restaurants. Its restaurants offer food and beverage products. As of December 25, 2005, the company operated 1,828 Popeyes restaurants in the United States, Puerto Rico, Guam, and 24 foreign countries. AFC Enterprises was founded in 1972 and is headquartered in Atlanta, Georgia.

For the twenty eight weeks ended 09 July 2006. AFC Enterprise, Inc.'s revenues decreased 6% to $77M. Net income from continuing operations totaled $10.7M vs. a loss of $5.6M. Revenues reflect decreased turnover due to the closure of temporary and permanent restaurants resulting from Hurricane Katrina. Net income reflects lower restaurant employee, occupancy & other expenses and decreased depreciation & amortization charges.