Popeyes: Sales improvements providing foundation for growth

Popeyes: Sales improvements providing foundation for growth

Operator adding units as franchisees find success, market share expands

Popeyes Louisiana Kitchen Inc.’s same-store sales improvement has given the brand opportunities to build on that success and made it one of the better performing restaurant stocks on Wall Street.

The Atlanta-based quick-service operator reported this week that its U.S. same-store sales rose 7.2 percent during the third quarter ended Oct. 5, the 26th straight reporting period in which Popeyes outperformed its quick-service chicken peers, and the 12th straight quarter it outdid th

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