Popeyes Chicken Sandwich Causes Sales to Jump 42% Higher
Popeyes Louisiana Kitchen conquered the chicken sandwich wars as Restaurant Brands International (NYSE: QSR) reported sales for the fried chicken chain surged 42% in the fourth quarter after the sandwich was reintroduced.
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. The success of the menu item is likely to overshadow the results from Restaurant Brands' Burger King chain, which also delivered its strongest period of growth in over two decades.
Source Fool.com