Popeyes

Operations

Popeyes' sales fell again, but executives see a quick turnaround

The fast-food chicken chain's same-store sales fell 5.2% in the second quarter, its sixth straight quarterly decline.

Operations

Popeyes is ‘moving quickly’ to address sales slump

The fast-food chicken chain’s first-quarter same-store sales declined by 6.5%, marking its worst performance in about 20 years.

The Bottom Line: The executive chairman of the owner of Burger King, Tim Hortons, Popeyes and Firehouse Subs made the case to investors as the company gets back to franchising.

The chicken chain’s same-store sales declined 4.9% in the U.S. last quarter, but sister chain Burger King’s same-store sales rose 2.6%.

The Bottom Line: The bankruptcy filing of Sailormen is putting pressure on the fast-food chicken chain while proving that franchisors should pay close heed to their franchisees' finances.

Sailormen, which operates 130 locations of the fast-food chicken chain in Florida, struggled with heavy debt and liquidity challenges. But the company says the filing doesn’t reflect the state of the brand.

The former Burger King chief operating officer will take the helm of the fast-food chicken chain in the U.S. and Canada. Nico Henrich was named to take Perdue’s old position.

The fast-food chicken chain’s same-store sales declined again last quarter, its fourth decline in the past five earnings periods. Here’s what the company plans to do to turn it around.

The fast-food chain’s same-store sales rose 3.2% last quarter despite a tough market for the quick-service sector. Firehouse Subs and Tim Hortons also saw improved sales, but Popeyes lagged.

The fast-food chicken chain is partnering with YouTube series Hot Ones to feature the show’s hot sauces in three menu items.

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