Popeye's 2014 Annual Report Download - page 34

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16
Summary of System-Wide Data
The following table presents financial and operating data for the Popeyes restaurants we operate and those that we franchise.
The data presented is unaudited. Data for franchised restaurants is derived from information provided by our franchisees. We
present this data because it includes important operational measures relevant to the QSR industry.
2014 2013 2012 2011 2010
Global system-wide sales increase (1) 12.3% 8.2% 13.5% 6.6% 5.1%
Company-operated restaurants same-store sales increase (decrease) 5.7% 2.3% 5.3% 1.1% 4.0%
Domestic franchised restaurants same-store sales increase 6.4% 3.6% 7.5% 3.1% 2.5%
Total domestic same-store sales increase 6.3% 3.6% 7.5% 3.0% 2.5%
International franchised restaurants same-store sales increase 5.1% 4.7% 2.6% 3.3% 3.1%
Total global same-store sales increase (2) 6.2% 3.7% 6.9% 3.1% 2.6%
Company-operated restaurants (all domestic)
Restaurants at beginning of year 53 45 40 38 37
New restaurant openings 13 9 5 2 1
Permanent closings (1)(1) — — —
Restaurants at end of year 65 53 45 40 38
Franchised restaurants (domestic and international)
Restaurants at beginning of year 2,172 2,059 1,995 1,939 1,906
New restaurant openings 188 185 136 138 105
Permanent closings (52)(67)(75)(75)(67)
Temporary (closings)/re-openings, net (3) 6(5) 3 (7)(5)
Restaurants at end of year 2,314 2,172 2,059 1,995 1,939
Total system restaurants 2,379 2,225 2,104 2,035 1,977
New franchised restaurant openings
Domestic 108 115 79 71 44
International 80 70 57 67 61
Total new franchised restaurant openings 188 185 136 138 105
Franchised restaurants
Domestic 1,805 1,716 1,634 1,587 1,542
International 509 456 425 408 397
Restaurants at end of year 2,314 2,172 2,059 1,995 1,939
(1) Fiscal year 2012 consisted of 53 weeks. All other fiscal years presented consisted of 52 weeks. The 53rd week in 2012
contributed approximately 2.0% to global system-wide sales growth. Excluding the impact of the 53rd week in 2012,
global system-wide sales growth in 2013 was approximately 9.9%.
(2) New restaurants are included in the computation of same-store sales after they have been open 65 weeks. Unit conversions
are included immediately upon conversion. Temporary closings are excluded from same store sales for the period they
are closed.
(3) Temporary closings are presented net of re-openings. Most temporary closings arise due to the re-imaging or the rebuilding
of older restaurants.