Popeye's 2015 Annual Report Download - page 87

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DESIGN BY MENTUS
Shareholder Information
PRINCIPAL OFFICE
400 Perimeter Center Terrace
Suite 1000
Atlanta, GA 30346
404-459-4450
STOCK TRANSFER AGENT
Computershare Trust Company, N.A.
P. O. Box 30170
College Station, TX 77845
800-962-4284
www.computershare.com
Cautionary Note Regarding Forward-Looking Statements
Forward-Looking Statement: Certain statements in this Annual Report to Shareholders contain “forward-looking statements” within the meaning of the federal
securities laws. Statements regarding future events and developments and our future performance, as well as management’s current expectations, beliefs,
plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward-looking statements are
subject to a number of risks and uncertainties. Examples of such statements in this Annual Report to Shareholders include discussions regarding the Company’s
planned implementation of its strategic plan, expectations regarding future growth, planned share repurchases, projections and expectations regarding same-
store sales for fiscal 2016 and beyond, expected capital expenditures, guidance for new restaurant openings and closures, effective income tax rate, and the
Company’s anticipated 2016 and long-term performance, including projections regarding general and administrative expenses, net earnings per diluted share,
and similar statements of belief or expectation regarding future events. Among the important factors that could cause actual results to differ materially from
those indicated by such forward-looking statements are: competition from other restaurant concepts and food retailers, disruptions in the financial markets,
the loss of franchisees and other business partners, labor shortages or increased labor costs, increased costs of our principal food products, changes in
consumer preferences and demographic trends, as well as concerns about health or food quality, instances of avian flu or other food-borne illnesses, general
economic conditions, the loss of senior management and the inability to attract and retain additional qualified management personnel, limitations on our
business under our credit facility, our ability to comply with the repayment requirements, covenants, tests and restrictions contained in our credit facility,
failure of our franchisees, a decline in the number of franchised units, a decline in our ability to franchise new units, slowed expansion into new markets,
unexpected and adverse fluctuations in quarterly results, increased government regulation, the reliability of our information technology systems and network
security, effects of volatile gasoline prices, supply and delivery shortages or interruptions, cyber security risks, currency, economic and political factors that
affect our international operations, inadequate protection of our intellectual property and liabilities for environmental contamination and the other risk factors
detailed in the accompanying Annual Report on Form 10-K and other documents we file with the Securities and Exchange Commission. Therefore, you should not
place undue reliance on any forward-looking statements.
©2016. POPEYES LOUISIANA KITCHEN, INC. ALL RIGHTS RESERVED.
Financial Highlights & Key Operational Metrics
(dollars in millions, except per common share data) 2015 2014 2013
Franchise royalties and fees $ 144.0 $ 131.3 $ 121.9
Total revenues (1) $ 259.0 $ 235.6 $ 206.0
Net income $ 44.1 $ 38.0 $ 34.1
Earnings per common share, diluted (2) $ 1.91 $ 1.60 $ 1.41
Adjusted earnings per common share, diluted (3,6) $ 1.91 $ 1.65 $ 1.43
Operating EBITDA (4,6) $ 84.0 $ 74.7 $ 65.2
Operating EBITDA margin (4,6) 32.4% 31.7% 31.7%
Free Cash Flow (5,6) $ 58.6 $ 48.0 $ 42.5
Global system-wide sales growth (7) 11.8% 12.3% 8.2%
Domestic same-store sales growth 5.7% 6.3% 3.6%
International same-store sales growth 7.0% 5.1% 4.7%
Global same-store sales growth 5.9% 6.2% 3.7%
New restaurant openings 219 201 194
Total restaurants 2,539 2,379 2,225
See page 12 for definitions, computations and reconciliations to GAAP measures.
OTHER INFORMATION
The Company’s press releases, annual reports, and
other information can be accessed through the
Company’s website at www.popeyes.com/investors.
ANNUAL MEETING
PLKI’s 2016 Annual Meeting will be held at:
Le Meridien Atlanta Perimeter
111 Perimeter Center West
Atlanta, Georgia 30346
May 19, 2016, 8:30 AM EST
FORM 10-K
The Company’s 2015 Annual Report on Form 10-K,
as filed with the Securities and Exchange
Commission, is being delivered with this Letter to
Our Stakeholders. Copies of the Annual Report on
Form 10-K are also available without charge upon
written request to:
Popeyes Louisiana Kitchen, Inc.
400 Perimeter Center Terrace
Suite 1000
Atlanta, GA 30346
Attn: Investor Relations
www.popeyes.com/investors