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Log In / Register | May 24, 2017

Franchisors and Numbers Reporting: It's Not What You Expect, but What You Inspect

Kudos once again go to Popeye's Louisiana Kitchen Inc. (PLKI) not only for a good Quarter One 2014 earnings results reported just last evening, but also for continuing the practice of being the only publicly traded restaurant franchisor that I'm aware of that reports its franchisees cash flow proxy number.

FINANCE: Popeye's Talks Franchisee Profit

Popeye's (NYSE:AFCE) had a nice first quarter. Same store sales were up materially in both the U.S. and international markets. And it beat revenue and earnings per share targets.

Restaurant Momentum: Six Standouts

The business press and Wall Street are focusing on signals of quarter to quarter sales momentum. There is no doubt that restaurant sales momentum cooled off from late 2011 and 2012, but its far from a disaster. We have settled into a new normality that is actually closer to 2010-2011 levels.

KFC Sizzles in Developing World, Fizzles in Rich

Yum Brands headquarters in Louisville
Sunset last weekend at Yum Brands' world headquarters in Louisville, Ky.

CEO of Yum Brands David Novak is watching his home turf wither away while robustly exploiting the restaurant brands' advantages abroad.

Franchisees Should Be Equal to Franchisors

Franchisee Aziz Hashim
Multi-unit franchisee Aziz Hashim

ATLANTA —Franchisee Aziz Hashim, a recipient of franchise awards and a well-known leader in the industry, speaks about what a good franchisor leader looks like from the vantage point of a franchise owner.

Chick-fil-A Leads in Store Sales & EBITDA

2010 Average EBITDA% for a chicken QSR
Source: Pacific Management Consulting Group

Here are US average annual sales (AUV) and estimated average store level EBITDA as a percentage of sales for select chicken quick service restaurant brands in 2010 as collected by our firm.

Texas Roadhouse & Popeye's: Different Growth Strategies

NEW YORK, NY - Texas Roadhouse (NASDAQ: TXRH) projected a strategy of organic growth. Currently the company has 330 outlets in 46 states, and projects opening 15 new units in 2010.