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Popeyes gains 9.8% in same-store sales in Q4

Popeyes Louisiana Kitchens Inc. said same-store sales for its namesake fried-chicken chain increased year over year by 9.8 percent during the fourth quarter of 2014, buoying comparable sales for last year to 6.2 percent.

It did not break out results for U.S. units.

The franchisor also noted in revealing preliminary fourth-quarter and full-year results that 53 stores were closed last year, paring net expansion to 148 units. The chain finished the year with 2,379 branches worldwide.

Popeyes has been on a multiyear drive to rejuvenate the brand through restaurant refurbishments, heavy reliance on new products and marketing that plays up the brand’s Louisiana heritage.

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