Raising Cane's Chicken Fingers

Financing

Looking for the next Chipotle? These 3 chains are already there

The Bottom Line: Wingstop, Raising Cane’s and Jersey Mike’s have broken free from the pack of well-established growth chains. Here’s why this trio stands out.

Financing

At Raising Cane's, strong financial performance with a bit of risk

The fast-casual chicken tenders chain has thrived coming out of the pandemic with strong sales, traffic and earnings. But it spends a lot on growth, according to bond ratings agencies, and its menu is a risk.

Scheduled to open Thursday, this unit combines Cowboys colors and memorabilia with Malone merch, displays of his "jorts," and the standard suit of armor.

The fast-growing chicken finger chain was ranked fifth among teens’ favorite restaurants, according to the latest Piper Sandler survey. But Chick-fil-A is still king.

Sauce innovation can be a magic bullet that sets a restaurant apart from the competition, especially in the crowded chicken and burger categories.

The “coming soon” sign had been lit up for two-plus years, but the 8,000-square-foot location finally opened Tuesday, with blocks-long lines of fans waiting to get in.

The Bottom Line: Among the biggest limited-service chains, Raising Cane’s and Chick-fil-A have performed best over the past decade at growing unit volumes when adjusted for inflation.

The rapper/singer/songwriter has designed a unit in Utah with his own flair, including pervasive pinkness, collectible merch and medieval-themed restrooms.

The Bottom Line: The fast-casual chicken fingers chain believes it can become one of the country’s biggest restaurant concepts in a short period. It took some key steps this week to get there.

The Raising Cane's founder hosts another streaming series that starts March 4, this time spotlighting the "secret sauce" of against-the-odds success.

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