Popeyes Louisiana Kitchen, Inc. (PLKI)

ATLANTA--(BUSINESS WIRE)--Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today reported selected unaudited results for its fiscal fourth quarter and fiscal year which ended December 25, 2016. Popeyes Chief Executive Officer Cheryl Bachelder stated, “We are pleased to report another year of strong growth for the Popeyes brand. We generated annual global same-store sales growth of 1.7%. Our footprint continues to expand with 216 net new global openings: 118 domestic and 98 international. We are excited about our future and achieving our long term strategic growth goals. The Popeyes team remains dedicated to serving our franchisees well and creating value for our shareholders.” Global same-store sales increased 2.8% in the fourth quarter with an increase in domestic same-store sales of 3.0%. The fourth quarter compounded two-year global same-store sales growth was 5.7%. For the full year, global same-store sales increased 1.7%. Annual compounded two-year global same-store sales growth was 7.7%. During the fourth quarter, the Popeyes’ system opened 52 domestic and 37 international restaurants, bringing full year 2016 openings to 216 restaurants, compared to 219 restaurants last year. The Popeyes system permanently closed 57 restaurants in fiscal 2016, resulting in net new restaurant openings of 159 restaurants, compared to 166 net restaurants in 2015. Based on its fourth quarter sales and store opening performance, the Company now expects fiscal 2016 reported earnings per diluted share ("EPS") will be in the range of $1.99 to $2.01, which includes impacts of asset impairments and other non-operating items. Adjusted earnings per diluted share are expected to be in the range of $2.10 to $2.12, compared to $1.91 in fiscal 2015, an increase of approximately 10%. The Company's previous guidance for adjusted earnings per share was $2.10 to $2.15. The Company is currently in discussions with its lenders regarding a $150 million expansion of its current $250 million revolving credit facility with the intention to increase total leverage ratio to 2.5 to 3.5 times by the end of 2017. The Company plans to provide an update on uses of cash and additional debt capacity during its fourth quarter earnings call. The Company’s Annual Report on Form 10-K for its fiscal year 2016, which ended December 25, 2016, will be filed on Wednesday, February 22, 2017, after market close. The Company will host a conference call on Thursday, February 23, 2017, at 9:00 a.m. Eastern Time to review results and provide guidance for fiscal 2017. (1) Adjusted earnings per diluted share is a supplemental non-GAAP measure of performance. See the heading entitled "Management's Use of Non-GAAP Financial Measures." Popeyes Louisiana Kitchen, Inc. Same-store Sales and Restaurant Count Management’s Use of Non-GAAP Financial Measures Adjusted earnings per diluted share: Calculation and Definition The Company defines adjusted earnings for fiscal 2015 as the Company’s reported net income after adjusting for certain non-operating items consisting of the following: (i) other expenses (income) net of $0.4 million for recoveries under Deepwater Horizon Economic and Property Damages Settlement Program and $0.2 million net gain on the sale of assets offset by $0.5 million related to executive transition expenses and $0.1 million net loss on the sale and disposal of assets and (ii) the tax effect of these adjustments. Adjusted earnings per diluted share provides the per share effect of adjusted net income on a diluted basis. The following table reconciles on a historical basis for fiscal 2015, the Company’s adjusted earnings per diluted share on a consolidated basis to the line on its Consolidated Statement of Operations entitled Net income, which the Company believes is the most directly comparable GAAP measure on its Consolidated Statement of Operations: Corporate Profile Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest Quick-Service Restaurant (“QSR”) chicken concept based on number of units. As of December 25, 2016, Popeyes had 2,688 operating restaurants in the United States, three territories, and 25 foreign countries. The Company's primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com. Forward-Looking Statements: This Press Release contains “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. Forward-looking statements are statements that do not relate strictly to historical or current facts. These statements may include words such as “guidance,” “anticipate,” “estimate,” “expect,” “forecast,” “project,” “plan,” “intend,” “believe,” “confident,” “may,” “should,” “can have,” “likely,” “future” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. Examples of such statements in this Press Release include discussions regarding the Company’s projections and expectations regarding same-store sales for fiscal 2016 and beyond, expectations regarding future growth, guidance for restaurant openings and closures, and the Company’s anticipated 2016 and long-term performance, including adjusted earnings per diluted share, and similar statements of belief or expectation regarding future events. These forward-looking statements are subject to a number of risks and uncertainties. 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, our ability to protect our information systems against cyber attacks or information security breaches, our ability to protect individually identifiable data of our customers, franchisees and employees, instances of e. coli, norovirus, 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 2016 Revolving Credit Facility, our ability to comply with the repayment requirements, covenants, tests and restrictions contained in our 2016 Revolving 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, effects of volatile gasoline prices, supply and delivery shortages or interruptions, 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 Company’s 2015 Annual Report on Form 10-K and other filings with the Securities and Exchange Commission, which can be found at the SEC’s website www.sec.gov. The discussions of these risks are specifically incorporated by reference in this Press Release. Any such forward looking statements are not guarantees of performance or results, and involve risks, uncertainties (some of which are beyond the Company’s control) and assumptions. Although we believe any forward looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual financial results and cause them to differ materially from those anticipated in any forward looking statements. Further, we have not yet completed closing procedures for fiscal fourth quarter or full year 2016, and our independent registered public accounting firm has not yet reviewed or audited the results. Accordingly, these preliminary results are subject to change pending finalization, and actual results could differ materially as we finalize such results. Therefore, you should not place undue reliance on any forward-looking statements. Any forward-looking statement made by Popeyes Louisiana Kitchen, Inc. in this Press Release speaks only as of the date on which it is made. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

ATLANTA--(BUSINESS WIRE)--Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today announced that its Quarterly Report on Form 10-Q for its third quarter 2016, which ended October 2, 2016, will be filed on Wednesday, November 9, 2016, after market close. The Company will host a conference call on Thursday, November 10, 2016, at 9:00 a.m. Eastern Time to review results. A live listen-only webcast of the conference call will be available on the PLKI website at www.popeyes.com/investors. The conference call can also be accessed live over the phone by dialing (855) 427-4392 or for international callers by dialing (484) 756-4257. A replay will be available after the call and can be accessed by dialing (855) 859-2056 or for international callers by dialing (404) 537-3406; the conference ID is 84538166. The replay will be available until Thursday, November 24, 2016. A replay of the conference call will also be available for 90 days on the Company's website. Corporate Profile Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest Quick-Service Restaurant ("QSR") chicken concept based on number of units. As of July 10, 2016, Popeyes had 2,594 operating restaurants in the United States, three territories, and 26 foreign countries. The Company's primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com.

ATLANTA--(BUSINESS WIRE)--Popeyes Louisiana Kitchen, Inc. (NASDAQ:PLKI), the franchisor and operator of Popeyes® restaurants, today announced that its Quarterly Report on Form 10-Q for its second quarter 2016, which ended July 10, 2016, will be filed on Tuesday, August 16, 2016, after market close. The Company will host a conference call on Wednesday, August 17, 2016, at 9:00 a.m. Eastern Time to review results. A live listen-only webcast of the conference call will be available on the PLKI website at www.popeyes.com/investors. The conference call can also be accessed live over the phone by dialing (855) 427-4392 or for international callers by dialing (484) 756-4257. A replay will be available after the call and can be accessed by dialing (855) 859-2056 or for international callers by dialing (404) 537-3406; the conference ID is 41416512. The replay will be available until Wednesday, August 31, 2016. A replay of the conference call will also be available for 90 days on the Company's website. Corporate Profile Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest Quick-Service Restaurant ("QSR") chicken concept based on number of units. As of July 10, 2016, Popeyes had 2,594 operating restaurants in the United States, three territories, and 26 foreign countries. The Company's primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com.

ATLANTA--(BUSINESS WIRE)--Popeyes Louisiana Kitchen, Inc. (NASDAQ:PLKI), the franchisor and operator of Popeyes® restaurants, today announced that its Quarterly Report on Form 10-Q for its first quarter 2016, which ended April 17, 2016, will be filed on Wednesday, May 25, 2016, after market close. The Company will host a conference call on Thursday, May 26, 2016, at 9:00 a.m. Eastern Time to review results. A live listen-only webcast of the conference call will be available on the PLKI website at www.popeyes.com/investors. The conference call can also be accessed live over the phone by dialing (855) 427-4392 or for international callers by dialing (484) 756-4257. A replay will be available after the call and can be accessed by dialing (855) 859-2056 or for international callers by dialing (404) 537-3406; the conference ID is 3264706. The replay will be available until Thursday, June 9, 2016. A replay of the conference call will also be available for 90 days on the Company's website. Corporate Profile Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest Quick- Service Restaurant ("QSR") chicken concept based on number of units. As of December 27, 2015, Popeyes had 2,539 operating restaurants in the United States, three territories, and 27 foreign countries. The Company's primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com.

ATLANTA--(BUSINESS WIRE)--Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today reported selected unaudited results for its fiscal fourth quarter and fiscal year which ended December 27, 2015. Popeyes Chief Executive Officer Cheryl Bachelder stated, “The consistent execution against our strategies delivered exciting results in 2015. Our combination of menu innovation, media and messaging resulted in impressive global same-store sales growth of 5.9% for 2015. We also continued expansion of our global footprint with the opening of 219 new Popeyes’ restaurants, a new milestone for the Popeyes system. Our restaurant teams, franchisee owners and support center employees continue to serve our shareholders with strong market share growth and consistent financial performance.” Global same-store sales increased 2.8% in the fourth quarter, rolling over a 9.8% increase last year. For the full year, global same-store sales increased 5.9%. Annual compounded two-year global same-store sales growth was 12.5%. During the fourth quarter, the Popeyes’ system opened 54 domestic and 28 international restaurants, bringing full year 2015 openings to 219 restaurants, compared to 201 restaurants last year. The Popeyes system permanently closed 53 restaurants in fiscal 2015, resulting in net unit growth of 166 restaurants, compared to 148 net restaurants in 2014. Based on its fourth quarter sales and store opening performance, the Company now expects fiscal 2015 reported earnings per diluted share ("EPS") will be $1.89 to $1.91. Adjusted earnings per diluted share are expected to be $1.89 to $1.91, compared to $1.65 in fiscal 2014, an increase of approximately 15%. The Company's previous guidance for adjusted EPS was $1.86 to $1.91. The Company’s Annual Report on Form 10-K for its fiscal year 2015, which ended December 27, 2015, will be filed on Tuesday, February 23, 2016, after market close. The Company will host a conference call on Wednesday, February 24, 2016, at 9:00 a.m. Eastern Time to review results and provide guidance for fiscal 2016. Corporate Profile Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest Quick-Service Restaurant (“QSR”) chicken concept based on number of units. As of December 27, 2015, Popeyes had 2,539 operating restaurants in the United States, three territories, and 27 foreign countries. The Company's primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com. Management’s Use of Non-GAAP Financial Measures Adjusted earnings per diluted share: Calculation and Definition The Company defines adjusted earnings for fiscal 2014 as the Company’s reported net income after adjusting for certain non-operating items consisting of the following: (i) other expenses (income) net of $2.0 million related to executive transition expenses, $0.2 million loss on disposal of property and equipment partially offset by $1.0 million in net gain on sale of assets; (ii) $0.5 million in tax expense for an out-of-period adjustment to the Company's deferred tax liability associated with its indefinite lived intangible assets; and (iii) the tax effect of these adjustments. Adjusted earnings per diluted share provides the per share effect of adjusted net income on a diluted basis. The following table reconciles on a historical basis for fiscal 2014, the Company’s adjusted earnings per diluted share on a consolidated basis to the line on its Consolidated Statement of Operations entitled Net income, which the Company believes is the most directly comparable GAAP measure on its Consolidated Statement of Operations: This Press Release contains “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. Forward-looking statements are statements that do not relate strictly to historical or current facts. These statements may include words such as “guidance,” “anticipate,” “estimate,” “expect,” “forecast,” “project,” “plan,” “intend,” “believe,” “confident,” “may,” “should,” “can have,” “likely,” “future” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. Examples of such statements in this Press Release include discussions regarding the Company’s planned implementation of its strategic plan, planned share repurchases, projections and expectations regarding same-store sales for fiscal 2015 and beyond, expectations regarding future growth and commodity costs, expectations regarding restaurant reimaging, guidance for new restaurant openings and closures, effective income tax rate, and the Company’s anticipated 2015 and long-term performance, including projections regarding general and administrative expenses, capital expenditures, and adjusted earnings per diluted share, and similar statements of belief or expectation regarding future events. These forward-looking statements are subject to a number of risks and uncertainties. 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, our ability to protect our information systems against cyber attacks or information security breaches, our ability to protect individually identifiable data of our customers, franchisees and employees, instances of e. coli, norovirus, 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 2013 Credit Facility, our ability to comply with the repayment requirements, covenants, tests and restrictions contained in our 2013 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, effects of volatile gasoline prices, supply and delivery shortages or interruptions, 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 Company’s 2014 Annual Report on Form 10-K and other filings with the Securities and Exchange Commission, which can be found at the SEC’s website www.sec.gov. The discussions of these risks are specifically incorporated by reference in this Press Release. Any such forward looking statements are not guarantees of performance or results, and involve risks, uncertainties (some of which are beyond the Company’s control) and assumptions. Although we believe any forward looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual financial results and cause them to differ materially from those anticipated in any forward looking statements. Further, we have not yet completed closing procedures for fiscal fourth quarter or full year 2015, and our independent registered public accounting firm has not yet reviewed or audited the results. Accordingly, these preliminary results are subject to change pending finalization, and actual results could differ materially as we finalize such results. Therefore, you should not place undue reliance on any forward-looking statements. Any forward-looking statement made by Popeyes Louisiana Kitchen, Inc. in this Press Release speaks only as of the date on which it is made. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

ATLANTA--(BUSINESS WIRE)--Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today announced that its Quarterly Report on Form 10-Q for its third quarter 2015, which ended October 4, 2015, will be filed on Wednesday, November 11, 2015, after market close. The Company will host a conference call on Thursday, November 12, 2015, at 9:00 a.m. Eastern Time to review results. A live listen-only webcast of the conference call will be available on the PLKI website at www.popeyes.com/investors. A replay of the conference call will be available for 90 days at the Company's website or through a dial-in number for a limited time following the call. Corporate Profile Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest quick-service chicken concept based on number of units. As of July 12, 2015, we operated and franchised 2,443 Popeyes restaurants in 48 states, three territories and 27 foreign countries. The Company’s primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com.

ATLANTA--(BUSINESS WIRE)--Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today announced that its Quarterly Report on Form 10-Q for its second quarter 2015, which ended July 12, 2015, will be filed on Wednesday, August 19, 2015, after market close. The Company will host a conference call on Thursday, August 20, 2015, at 9:00 a.m. Eastern Time to review results. A live listen-only webcast of the conference call will be available on the PLKI website at www.popeyes.com/investors. A replay of the conference call will be available for 90 days at the Company's website or through a dial-in number for a limited time following the call. Corporate Profile Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest quick-service chicken concept based on number of units. As of April 19, 2015, we operated and franchised 2,420 Popeyes restaurants in 48 states, three territories and 27 foreign countries. The Company’s primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com.

ATLANTA--(BUSINESS WIRE)--Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today announced that its Quarterly Report on Form 10-Q for its first quarter 2015, which ended April 19, 2015, will be filed on Wednesday, May 27, 2015, after market close. The Company will host a conference call on Thursday, May 28, 2015, at 9:00 a.m. Eastern Time to review results. A live listen-only webcast of the conference call will be available on the PLKI website at www.popeyes.com/investors. A replay of the conference call will be available for 90 days at the Company's website or through a dial-in number for a limited time following the call. Corporate Profile Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest quick-service chicken concept based on number of units. As of December 28, 2014 , we operated and franchised 2,379 Popeyes restaurants in 48 states, three territories and 26 foreign countries. The Company’s primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com.

ATLANTA--(BUSINESS WIRE)--Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today reported selected unaudited results for its fiscal fourth quarter and fiscal year which ended December 28, 2014. Popeyes Chief Executive Officer Cheryl Bachelder stated, “The consistent execution against our strategies delivered exciting results in 2014. Our combination of menu innovation, media and messaging resulted in impressive global same-store sales growth of 6.2% for 2014. We also continued expansion of our global footprint with the opening of 201 new Popeyes’ restaurants, a new milestone for the Popeyes system. Our restaurant teams, franchisee owners and support center employees continue to serve our shareholders with strong, sustainable performance.” Global same-store sales increased 9.8% in the fourth quarter, rolling over a 0.8% increase last year. For the full year, global same-store sales increased 6.2%. Two-year global same-store sales growth was 9.9%. During the fourth quarter, the Popeyes’ system opened 50 domestic and 28 international restaurants, bringing full year 2014 openings to 201 restaurants, compared to 194 restaurants last year. Included in 2013 openings were the conversions of 24 restaurants acquired in Minnesota and California in 2012. The Popeyes system permanently closed 53 restaurants in fiscal 2014, resulting in net unit growth of 148 restaurants, compared to 126 net restaurants in 2013. Based on its fourth quarter sales and store opening performance, the Company now expects fiscal 2014 reported earnings per diluted share ("EPS") will be $1.57 to $1.58. Adjusted earnings per diluted share are expected to be $1.64 to $1.65, compared to $1.43 in fiscal 2013, an increase of approximately 15%. The Company's previous guidance for adjusted EPS was $1.61 to $1.64. Adjusted EPS excludes approximately $0.07 earnings per share for the impacts of executive transition expenses, an out of period adjustment to deferred income tax liabilities, net gains on the disposal of fixed assets and the tax effect of these adjustments. The Company’s Annual Report on Form 10-K for its fiscal year 2014, which ended December 28, 2014, will be filed on Wednesday, February 25, 2015, after market close. The Company will host a conference call on Thursday, February 26, 2015, at 9:00 a.m. Eastern Time to review results and provide guidance for fiscal 2015. Corporate Profile Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest Quick-Service Restaurant (“QSR”) chicken concept based on number of units. As of December 28, 2014, Popeyes had 2,379 operating restaurants in the United States, three territories, and 26 foreign countries. The Company's primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com. Popeyes Louisiana Kitchen, Inc. Same-store Sales and Restaurant Count Management’s Use of Non-GAAP Financial Measures Adjusted earnings per diluted share: Calculation and Definition The Company defines adjusted earnings for fiscal 2013 as the Company’s reported net income after adjusting for certain non-operating items consisting of the following: (i) other expenses (income) net of $0.4 million loss on disposal of property and equipment partially offset by $0.1 million in net gain on sale of assets; (ii) $0.4 million in interest expense from the retirement of the 2010 Credit Facility; and (iii) the tax effect of these adjustments. Adjusted earnings per diluted share provides the per share effect of adjusted net income on a diluted basis. The following table reconciles on a historical basis for fiscal 2013, the Company’s adjusted earnings per diluted share on a consolidated basis to the line on its Consolidated Statement of Operations entitled Net income, which the Company believes is the most directly comparable GAAP measure on its Consolidated Statement of Operations: Forward-Looking Statement: Certain statements in this Press Release 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 Press Release include discussions regarding the Company’s planned implementation of its strategic plan, expectations regarding future growth, and the Company’s anticipated 2014 and long-term performance, including projections regarding general and administrative expenses and adjusted 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, continued 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 2013 credit facility, our ability to comply with the repayment requirements, covenants, tests and restrictions contained in our 2013 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, effects of volatile gasoline prices, supply and delivery shortages or interruptions, 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 Company’s 2013 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.

ATLANTA--(BUSINESS WIRE)--Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today announced that its Quarterly Report on Form 10-Q for its third quarter 2014, which ended October 5, 2014, will be filed on Wednesday, November 12, 2014, after market close. The Company will host a conference call on Thursday, November 13, 2014, at 9:00 a.m. Eastern Time to review results. A live listen-only webcast of the conference call will be available on the PLKI website at www.popeyes.com/investors. A replay of the conference call will be available for 90 days at the Company's website or through a dial-in number for a limited time following the call. Corporate Profile Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest quick-service chicken concept based on number of units. As of July 13, 2014, Popeyes had 2,262 operating restaurants in the United States, three territories, and 26 foreign countries. The Company’s primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com.

ATLANTA--(BUSINESS WIRE)--Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today announced that its Quarterly Report on Form 10-Q for its second quarter 2014, which ended July 13, 2014, will be filed on Wednesday, August 20, 2014, after market close. The Company will host a conference call on Thursday, August 21, 2014, at 9:00 a.m. Eastern Time to review results. A live listen-only webcast of the conference call will be available on the PLKI website at www.popeyes.com/investors. A replay of the conference call will be available for 90 days at the Company's website or through a dial-in number for a limited time following the call. Corporate Profile Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest quick-service chicken concept based on number of units. As of April 20, 2014, Popeyes had 2,248 operating restaurants in the United States, three territories, and 27 foreign countries. The Company’s primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com.

ATLANTA--(BUSINESS WIRE)--Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today announced that its Quarterly Report on Form 10-Q for its fiscal first quarter 2014, which ended April 20, 2014, will be filed on Wednesday, May 28, 2014, after market close. The Company will host a conference call on Thursday, May 29, 2014, at 9:00 a.m. Eastern Time to review results. A live listen-only webcast of the conference call will be available on the PLKI website at www.popeyes.com/investors. A replay of the conference call will be available for 90 days at the Company's website or through a dial-in number for a limited time following the call. Corporate Profile Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest quick-service chicken concept based on number of units. As of December 29, 2013, Popeyes had 2,225 operating restaurants in the United States, three territories, and 28 foreign countries. The Company’s primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com.

ATLANTA--(BUSINESS WIRE)--Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, today announced that its Annual Report on Form 10-K for its fiscal year 2013, which ended December 29, 2013, will be filed on Wednesday, February 26, 2014, after market close. The Company will host a conference call on Thursday, February 27, 2014, at 9:00 a.m. Eastern Time to review results and provide guidance for fiscal 2014. A live listen-only webcast of the conference call will be available on the PLKI website at www.popeyes.com/investors. A replay of the conference call will be available for 90 days at the Company's website or through a dial-in number for a limited time following the call. Corporate Profile Popeyes Louisiana Kitchen, Inc. is the franchisor and operator of Popeyes® restaurants, the world's second-largest quick-service chicken concept based on number of units. As of December 29, 2013, Popeyes had 2,225 operating restaurants in the United States, three territories, and 28 foreign countries. The Company’s primary objective is to deliver sales and profits by offering excellent investment opportunities in its Popeyes brand and providing exceptional franchisee support systems and services to its owners. Popeyes Louisiana Kitchen, Inc. can be found at www.popeyes.com.