Restaurant Brands International Inc. has announced its plans for reopening dining rooms across its portfolio of fast-food chains, including Popeyes Louisiana Kitchen, which barely lost momentum despite the spread of COVID-19 and is set up for a strong recovery, according to analysts.
Restaurant Brands, whose portfolio also includes Burger King and Tim Horton’s, reported first-quarter earnings on May 1. Net income totaled $144.0 million, or 48 cents per share, up from $135 million, or 53 cents per share, last year. Revenue was $1.225 billion, down from $1.266 billion in 2019. The FactSet consensus was for EPS of 50 cents and revenue of $1.234 billion.
Same-restaurant sales were up in the mid-30% range in January, February and the first couple of weeks in March, Cil said. Same-restaurant sales declined to flat for the last two weeks of the month. KeyBanc analysts say they’re bullish about Popeyes for the long term, though the chain doesn’t get as much attention as it should because it’s so much smaller than the others in the Restaurant Brands portfolio.
Huntsmen H3CZ scump
Whatever that is in this photo, it is not appetizing at all. If that's what Popeyes serves, will take a pass. Although, no doubt it appeals to many.
Buy Bitcoin, have a plan to pass your private keys to your children before the looming heart attack amidst the Popeyes fueled quarantine 15, or just cut sugar from your diet, get some sunshine, exercise, drink more water, and enjoy Bitcoin's ride up with your kids.
How many believe that if I go to Popeyes and order a chicken sandwich it will look like the one in the picture?
Walmart, Costco, and every grocery store in the country must be immune as well.
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