Bachelder also commented on the company's forecasts, saying that it's difficult for AFC to offer three to five year guidance given their growth and innovation. Thus, she admitted, their longer-term guidance may be overly conservative.
Bachelder had positive things to say about AFC's international expansion. Despite closing a few stores, she said that the Popeye's concept "travels well" and they're seeing strong demand in Canada, Korea and Turkey and have very high expectations for Peru and the rest of Latin America.
Cramer said that its rare that investors can buy shares in a company that beat their numbers at a sizable discount, but that's exactly the opportunity the markets have provided in AFC.
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