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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

Popeye’s Louisiana Kitchen Celebrates 50th Anniversary

06/28/2022

In a June 21st company release, Restaurant Brands International (QSR) noted that Popeye’s Louisiana Kitchen was founded by Al Copeland in New Orleans 50 years ago during 1972. The company was acquired by Restaurant Brands International in 2017.  During the past five years global systemwide, sales have increased from $3 billion to $5 billion.

 

For the first quarter of fiscal 2022, ending March 31st, the Popeye’s Division attained sales of $1.38 billion, representing 15.3 percent of total RBI revenue.  Of this amount, $1.18 billion, was recorded in the U.S. with $199 million from the International segment.  As of the end of the first quarter, Popeye’s operated 2,784 stores in the U.S. and 987 internationally.  Since acquisition by RBI, approximately 1,000 restaurants have been added globally, with two hundred in North America during 2022.  The brand has now extended to South Korea, France, India and Romania with prospects for the U.K., Spain, Brazil, Switzerland, Mexico and other nations.


 
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