Popeyes raises outlook for the year after strong 2Q

Popeyes raises outlook for the year after strong 2Q

Weekly sales averages hit new all-time high

Popeyes Louisiana Kitchen Inc. raised its outlook for the year Wednesday, saying menu innovation, compelling advertising and improved restaurant execution boosted sales during the second quarter ended July 12.

Global same-store sales increased 7.5 percent, which lapped an increase of 3.6 percent in the second quarter last year, for a two-year compounded growth rate of 11.4 percent.

Same-store sales climbed 7.9 percent at domestic units. Popeyes said it was the 29th con

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