AFC

Kenneth Keymer Appointed AFC Enterprises New CEO

[2005-06-03]  Effective September 1, current Popeyes president, Kenneth Keymer, will take over the CEO spot at AFC, succeeding Frank Bellati, who will continue as chairman of the board.

AFCE Board of Directors Declares Special $12.00 Dividend

[2005-05-12]   The franchisor and operator of Popeyes also announced that it has completed its credit facility refinancing.

AFC Completes Sale of Church's Chicken

[2004-12-29]  Aggregate gross proceeds from the transactions, subject to customary closing adjustments, are approximately $390 million.

AFC Reaches Agreement to Sell Church's

[2004-11-01]  The deal is for $390 million, comprised of $383 million in cash and a subordinated note from an affiliate of the buyer for $7 million.

AFC Enterprises President and COO Resigns

[2004-09-15]  Dick Holbrook's nine-year tenure as AFC president and COO will end at the close of 2004, though he will continue on as a member of AFC's board of directors.

AFC Files Suit Related to Accounting Problems

[2004-09-01]  The suit charges that the defendants violated generally accepted auditing standards and accounting principles, committed auditing malpractice, and breached contracts between the parties.

AFC Hires President for Popeyes

[2004-06-03]  As AFC Enterprises moves toward becoming a single-brand company, it has hired a president for its flagship Popeyes chain.

AFC To Sell Church's Chicken?

[2004-06-02]  AFC Enterprises announced today that it intends to "explore strategic alternatives" for its Church's Chicken brand, including a possible sale.

AFC to Explore Cinnabon Sale

[2004-04-21]  AFC Enterprises has announced its intention to explore strategic alternatives for its Cinnabon subsidiary, including a possible sale.

AFC Stock Will Be Delisted From Nasdaq On Monday

[2003-08-15]  Listing qualifications panel rules that statement filing deadlines can no longer be extended.

Popeyes President Leaves to Join Allied Domecq

[2002-12-10]  Jon Luther flies the coup to take up position as CEO of Allied Domecq QSR.

AFC Enterprises Announces Stock Buyback Transaction

[2002-11-26]  AFC continuing efforts to boost what it terms an "undervalued" stock price.

AFC Enterprises Reports 34% Earnings Increase for Third Quarter

[2002-11-12]  Systemwide sales up 2.1% but domestic comps down 2.7%.

AFC Reports Amounts for Write Downs on Coffee Chain

[2002-11-11]  Charges amount to $1.5 million after taxes.

AFC Third Quarter Earnings Release Delayed; Guidance Announced

[2002-11-05]  Delay caused by adjustments to inventory and leasehold improvements at its Seattle Coffee Company division.

AFC Enterprises Releases Selected Third Quarter Operating Data

[2002-11-05]  Systemwide sales up 2.1% but comps down 2.7%.

AFC Enterprises Doubles Stock Repurchase Plan

[2002-10-10]  Company to use cash flow to increase buyback program to $100 million; third quarter results.

AFC Enterprises Reports Earnings Increase of 43 Percent For 2002 Second Quarter,EPS From Continuing Operations of $0.40

[2002-08-13]   Net income for the parent company of chains like Popeyes, Church's Chicken, and Cinnabon fell as it continued to sell restaurants, but profit from continuing operations rose, boosted by revenue from franchisees.

AFC Enterprises Announces Share Repurchase Program

[2002-07-23]   The $50 million, open-ended repurchase program will allow AFC to slowly begin repurchasing its stock and should be viewed as evidence in the company's confidence in its products, say AFC execs.

AFC Names President of Seattle Coffee Company

[2000-11-16]  Atlanta-based AFC Enterprises announced today the appointment of Steven Schickler as president of Seattle Coffee Company.

AFC Posts a 23% Increase in Net Income

[2000-11-13]  AFC Enterprises, Inc., franchisor and operator of Church's Chicken ,Popeyes Chicken & Biscuits, Cinnabon International, Seattle's Best Coffee and Torrefazione Italia, announced net income for the third quarter of 2000.

AFC Creates Global Enterprises for International Division

[2000-07-13]  Atlanta-based AFC Enterprises announced July 12 the merger of its international division, which includes brand operations and sales development teams, with its domestic operating companies.

AFC Promotes Food Safety Studies

[2000-03-22]  The AFC Foundation has presented a $10,000 gift to the Morehouse School of Medicine.

AFC Celebrates Black History with Website

[2000-02-15]   In celebration of February's Black History Month, AFC Enterprises, in partnership with Turner Broadcasting, has launched the 2000 Trumpet Awards Achievers website.

Popeyes President Leaves to Join Allied Domecq

[2000-01-01]  Jon Luther flies the coup to take up position as CEO of Allied Domecq QSR.