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To: H James Morris who wrote (125431)5/22/2001 10:44:59 PM
From: Victor Lazlo  Respond to of 164687
 
too exciting for me.
I won't be offended if you call me "chicken" !!

Monday May 21, 9:09 am Eastern Time
AFC Enterprises quarterly profits up more than 50 pct
ATLANTA, May 21 (Reuters) - AFC Enterprises Inc. (Nasdaq:AFCE - news), operator of the Popeye's Chicken and Cinnabon fast-food chains, on Monday said profits for its fiscal first quarter jumped 57 percent, citing strong growth in franchise revenues.

Net income for the period ended April 22 was $8 million, or 27 cents per diluted share, compared with $5.1 million, or 18 cents, a year earlier.

Wall street analysts had been expecting the company to earn 26 cents per share, according to consensus estimates from research firm Thomson Financial/First Call.

Franchise revenues surged more than 13 percent, driven by the addition of 289 franchised units and growth in comparable store sales of 2.4 percent, Atlanta-based AFC said in a statement.