DALLAS, July 8, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring restaurant franchiser AFC Enterprises. The report details AFC Enterprises' position in the "quick-food" restaurant industry, financial and investment analysis, and pertinent industry information you need to know to make an educated investment decision.
The investment report on AFC Enterprises Inc. (Nasdaq:AFCE) should be of particular interest to other dining industry players: CKE Restaurants Inc. (NYSE:CKR), YUM! BRANDS Inc. (NYSE:YUM), Burger King Holdings Inc. (NYSE:BKC) and Denny's Corp. (Nasdaq:DENN).
It is available at: http://www.beaconequity.com/i/AFCE
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
AFC Enterprises engages in the development, operation and franchising of quick-service restaurants under the Popeyes Chicken & Biscuits and Popeyes Louisiana Kitchen trade names. Within Popeyes, the Company manages two business segments: franchise operations and Company-operated restaurants.
In the report, the analyst notes:
"In 2008 AFCE opened 140 new restaurants globally, exceeding its guidance of 115 to 130. These new openings consisted of 73 domestic and 67 international restaurants. Meantime, consistent with its strategic plan, AFCE refranchised and sold 14 of Company owned restaurants, 11 in the Atlanta market and three in Nashville, ending the year with 1922 restaurants globally...
"Despite newer restaurants recently posting declining returns due to higher commodity costs, soft sales and higher wage rates, AFCE plans to open 90 to 110 new locations in 2009. AFCE is also continuing to build a solid relationship with its franchise owners, collaborating to move guest traffic and sales and increase restaurant-level profitability."
To read the entire report visit: http://www.beaconequity.com/i/AFCE
Join the fastest growing investment community at: http://www.stockhideout.com
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.