Popeye's 2012 Annual Report Download

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Serving It Up
AFC Enterprises, Inc. 2012 Annual Report

Table of contents

  • Page 1
    Serving It Up AFC Enterprises, Inc. 2012 Annual Report

  • Page 2
    ..., distinctive food, and they are excited about their future as owners. The Popeyes brand offers franchisees an excellent investment opportunity backed by exceptional support systems and services. For AFCE investors, we believe the Popeyes highly franchised business model provides strong, stable cash...

  • Page 3
    ... the standard for success in the chicken quick-service restaurant (QSR) category. In every quarter of 2012, Popeyes outperformed the broader QSR category in terms of same-store sales, and since 2008, our market share in dollars of chicken QSR has increased 4.4 percentage points to 19.2 percent...

  • Page 4
    ....3 percent of total revenues, and we generated $36.7 million in free cash ï¬,ow. Global same-store sales grew 6.9 percent, the combined result of positive growth of 7.5 percent domestically and 2.6 percent in international markets. 2 We opened a net total of 66 new restaurants, bringing the system...

  • Page 5
    ... guests." - Lynne Zappone, Chief Talent Officer, Popeyes We are developing leaders who set an example and take the time to coach, and provide opportunities for their people. They see potential in the team around them, enabling it from top to bottom. Consider that 41 percent of our General Managers...

  • Page 6
    ...with our Limited Time Offers. Our culinary team works hard to develop choices that are bold, ï¬,avorful, and Louisiana Fastâ„¢, building our brand identity with every new offer. Some of this year's highlights included the national introduction of both Garlic Pepper Wicked Chicken in February and Rip...

  • Page 7
    ... joined AFC Enterprises Inc., first as Popeyes' Brand General Manager and then as its President. In 2000, Popeyes approached Mark with the opportunity to become a franchisee of the brand he helped make successful. Mark currently owns and operates 12 Popeyes restaurants in Georgia and South Carolina...

  • Page 8
    ... costs, strong operations systems, and successful marketing programs, they make money. And when that happens, they become enthusiastic operators who are building more Popeyes. Record Restaurant Operating Profit $251 $191 $209 19.5% $211 20.4% 18.4% 18.7% 2009 2010 2011 2012 ROP Dollars...

  • Page 9
    ... to solid site selection and the high caliber of our franchise operators, average first year sales of our new domestic freestanding restaurants are about 40 percent higher than the overall domestic system average. Our franchisee partners opened three new markets: Syracuse, NY; Great Falls, MT; and...

  • Page 10
    ... found in AFC's Consolidated Financial Statements and Management's Discussion & Analysis of Financial Condition and Results of Operations in the 2012 Annual Report on Form 10-K, including, without limitations, information in Item 7 of the Annual Report related to total revenues. (2) Weighted average...

  • Page 11
    ... to: AFC Enterprises, Inc. 400 Perimeter Center Terrace Suite 1000 Atlanta, GA 30346 Attn: Investor Relations www.investor.afce.com Stock Transfer Agent Computershare Trust Company, N.A. P . O. Box 43078 Providence, RI 02940-3078 800-962-4284 www.computershare.com Annual Meeting AFC's 2013 Annual...

  • Page 12
    AFC Enterprises, Inc. • 400 Perimeter Center Terrace • Suite 1000 • Atlanta, GA 30346 • www.afce.com