Have a story idea? Restaurant Brands said that was the best quarter for the chain in nearly two decades. A major Popeyes franchisee said that the chain's famous chicken sandwich helped increase sales. You can get the best discount of up to 95% off. Popeyes Louisiana Kitchen, Inc. , the franchisor and operator of Popeyes® restaurants, today reported results for its fiscal third quarter of 2015, which ended... | November 11, 2015 Sales at Popeyes rocketed to $1.3 billion from $934 million a year ago in the fourth quarter, and full year sales were 18.5% higher at $4.4 billion. International same-store sales … From the moment the Popeyes sandwich went on sale nationally, it became a monster hit. According to parent company Restaurant Brands International’s (RBI) 2019 results, the new menu item was a massive sales boost for the brand—perhaps historically so. The Popeyes brand has system-wide sales growth of more than 42% in the quarter. Reports that a Popeyes manager was busted for lacing chicken breading with cocaine to increase sales are fake news. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Mar 1, 2020 - Explore Marie Mercie Robert's board "CUISINE HAITIENNE" on Pinterest. The chain offered a limited-time chicken sandwich over the summer and announced Monday the Popeyes Chicken Sandwich will be back Sunday. Apparently driven by powerful demand for its chicken sandwiches, Popeyes was a rare winner last quarter, cooking up a 29.2% sales increase compared to the same quarter in 2019. Popeyes Chicken Sandwich will be back Sunday, Taco Bell giving away free tacos Wednesday thanks to World Series stolen base, These are the most unsafe cars on the road, according to the NHTSA, Your California Privacy Rights/Privacy Policy. For Popeyes employees, the suspension of chicken sandwich sales signaled the end of a chaotic week of overtime shifts and sometimes-hostile interactions with impatient customers. “Popeyes had one of its best quarters in nearly two decades,” Cil said. It recently announced a Popeyes push into China. In the third quarter, the chicken chain reported a net income of $6.9 million—up over $5.8 million in 2011—10 quarters of consecutive positive sales results, and … Parent company Restaurant Business International’s preliminary Q3 report showed that U.S. Popeyes stores saw a 10.2 percent increase in same-store sales in September, more than a year after the debut of its popular chicken sandwich. The Company also... | … Popeyes did even better, with same-store sales in the United States soaring more than 10%. Benefits. Traffic driven by demand for the chicken sandwich helped to increase sales in the entire Popeyes menu in the fourth quarter, Cil said. In the year-ago quarter, sales were $934 million, according to an earnings release. Returns as of 12/12/2020. Let's conquer your financial goals together...faster. Burger King announced in August that it would start selling the plant-based Impossible Whopper nationwide after a successful test run in seven markets. The Impossible Whopper propelled Burger King to its best third-quarter comparable sales increase in four years, the chain’s owner said Monday. Rich has been a Fool since 1998 and writing for the site since 2004. Popeyes jaw-dropping fourth quarter comes on the heels of a pretty impressive third quarter when the chicken chain reported same-store sales growth of 9.7%. The … Jan. 13, 2016 Discover our menu and order delivery or pick up from a Popeyes near you. The demand was so great that Popeyes ran out of sandwiches on Aug. 27. Global same-store sales increased 2.8 percent in the fourth quarter. Although Popeyes did not disclose how many restaurants would be participating in the ser… Popeyes Louisiana Kitchen Inc, the franchisor and operator of Popeyes restaurants, has reported selected unaudited results for its fiscal fourth quarter and fiscal year, which ended Dec. 27, 2015. Systemwide sales for Popeyes increased 19% for the year to $4,397 million, which included a fourth-quarter gain of 42% to $1,327 million. During the last U.S. quarter, Popeyes saw an increase of 19.7% in same-store sales. Is Restaurant Brands International a Buy? Not surprisingly, the company is poking at Chick-fil-A again as it plots its return. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. Shares rose slightly before the market open. Dive Insight: Popeyes continues to be Restaurant Brands International's strongest brand during the COVID-19 crisis, with Burger King declining comp store sales by 13.4% and Tim Hortons posting a … That’s in line with the expectations of analysts surveyed by Zacks Investment Research. Revenue totaled $1.46 billion in the period, also meeting Wall Street’s view. Global system-wide sales increased 7.4%, for a two-year compounded growth rate of over 20%. Traffic driven by demand for the chicken sandwich helped to increase sales in the entire Popeyes menu in the fourth quarter, Mr. Cil said. Popeyes’ global same-store sales rose 9.7%, the company said, and systemwide sales rose 15.6% at the chicken chain. That compares with $134 million, or 53 cents per share, a year earlier. Systemwide sales for Popeyes increased 19 percent for the year to $4.40 billion, which included a fourth-quarter gain of 42 percent to $1.33 billion. Restaurant Brands International reported a 5% increase in same-store sales at Burger King locations in the U.S. during the quarter, crediting the launch of the Impossible Whopper for the improvement. Popeyes’ stock has risen more than 8 percent today, and has increased 36 percent on the year. SandraRose.com writes: “Popeyes Chicken racked up $20 million in sales since introducing its new spicy fried chicken sandwich this month. Free tacos:Taco Bell giving away free tacos Wednesday thanks to World Series stolen base, Driving safely:These are the most unsafe cars on the road, according to the NHTSA. The new discount codes are constantly updated on Couponxoo. © 2020 USA TODAY, a division of Gannett Satellite Information Network, LLC. Popeyes Louisiana Kitchen Inc, the franchisor and operator of Popeyes restaurants, has reported selected unaudited results for its fiscal fourth quarter and fiscal year, which ended Dec. 27, 2015. Systemwide sales for Popeyes increased 19% for the year to $4,397 million, which included a fourth-quarter gain of 42% to $1,327 million. Stock Advisor launched in February of 2002. Popeyes Sales Increase can offer you many choices to save money thanks to 24 active results. In a statement on Tuesday afternoon, Popeyes said, "We have seen an extraordinary demand for the new Popeyes Chicken Sandwich following our nationwide launch on Aug. The strong performances from Burger King and Popeye’s helped offset weakness at Tim Horton’s, which experienced a 1.4% decline in comparable sales. Burger King, Popeyes and Tim Hortons parent company, Restaurant Brands International plans to boost sales by modernizing its drive-thru experience at more than 10,000 North American restaurants with digital menu boards that will deliver predictive selling technology, integration with restaurant loyalty programs and remote and contactless payments. The property is currently under construction and has an estimated opening in December 2020. It first started selling the soy-based burgers, which are made by Impossible Foods, in April. Popeyes Louisiana Kitchen, Inc. , the franchisor and operator of Popeyes® restaurants, today reported results for its fiscal third quarter of 2015, which ended October 4, 2015. The restaurant operator said the chicken sandwich "has proven to be a game changer for the brand in every way," as comparable store sales spiked over 34% for the period. 2. Overall, the third quarter was a good one for many restaurant companies. Market data powered by FactSet and Web Financial Group. Cumulative Growth of a $10,000 Investment in Stock Advisor, Popeyes Chicken Sandwich Causes Sales to Jump 42% Higher @themotleyfool #stocks $QSR $MCD $WEN, New England Burger Kings to Start Hosting Electric Vehicle Charging Stations. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. RBI bought Popeyes in 2017, and has been on a drive to expand Popeyes 3,000 outlets world wide. It sold out within weeks when it was first introduced, and lines formed around the block in some locations when it was brought back in November. Top-line fell by -4.69% from the third quarter. Global same-store sales increased 2.8 percent in the fourth quarter, rolling over a 9.8-percent increase last year, according to a company press release. Profitability and service excellence are achieved with a focus on five strategic pillars that guide every business decision. U.S. comparable sales were up 28.5% during the quarter. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. 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