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Stock impact report

Popeyes is launching its first chicken sandwich nationwide to compete with Chick-fil-A [CNBC]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: CNBC
Popeyes is launching its first chicken sandwich nationwide to compete with Chick-fil-A After nearly 50 years in business, Popeyes Louisiana Kitchen is finally bringing a chicken sandwich to its national menu. The fried chicken chain, which is owned by Restaurant Brands International With pickles and a buttered bun, the sandwich resembles that of Chick-fil-A, the biggest chicken chain in the U.S. by sales. McDonald's U.S. franchisees said last month Nation's Restaurant News Starbucks In 2018, a franchised Chick-fil-A restaurant that was not in a mall raked in $5.7 million in sales on average, according to franchise disclosure documents. The average free-standing franchised Popeyes location saw annual sales of $1.5 million last year. As Atlanta-based Chick-fil-A has expanded outside of its Southeast stronghold in recent years, it has attracted new customers with its waffle fries, Southern-style chicken sandwich and customer service. This year, Chick-fil-A ranked highest of all fast-food Show less Read more
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