Looks like there is a big seller (at least big for THIS stock) Maybe a hedge fund trying to close out and make for a big December. I've looked for news as well and can't find a thing.
They just affirmed previous long-term (5-year) guidance of annualized same-store sales growth of 1-3%, and annualized EPS growth of 13-15%. Not many hints about 2014 speciifcally. Q4 was guided to moderating same-store sales. Market is taking cautious stance in AH.
Thanks for the heads up on the article. A must read if you you are thinking of investing in AFCE (Popeyes) long term.
I agree. It's the kind of thing you try once just to try them, and then you never go back again because there are better choices out there. So McD's got my 7 bucks. Good for them.