Popeyes Chicken Sandwich Translates To Surge In Foot Traffic


<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Data compiled by Placer.ai, an advanced pedestrian traffic analysis platform in Silicon Valley shows that & nbsp;Restaurant Brands International Inc & # 39; s (NYSE: QSRPopeyes sees a noticeable increase in pedestrian traffic after returning his chicken sandwich to the menu. "Data-reactid =" 18 "> The data compiled by Placer.ai, an advanced pedestrian traffic analysis platform in Silicon Valley, shows that Restaurant Brands International Inc & # 39; s (NYSE: QSR) Popeyes sees a noticeable increase in pedestrian traffic after returning his chicken sandwich to the menu.

Popeyes records triple-digit traffic gains

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Popeyes & # 39; The launch of a new chicken sandwich on November 3 resulted in a 286% increase in pedestrian traffic above the reference level for the period from January 1, 2017 to November 8, 2019, said Placer.ai in a blog published Monday. & nbsp; "data-reactid =" 20 "> The Popeyes revived chicken sandwich on November 3rd resulted in a 286% increase in pedestrian traffic above the reference level for the period from January 1, 2017 to November 8, 2019, Placer. I said in a blog Monday.

Even the worst day of traffic recorded on November 7 saw a 188.1% increase in the number of visitors. The one-day lag was followed by a 245.9% improvement in traffic compared to the baseline scenario on November 8th.

Placer.ai: Popeyes proves that he can score "massive home runs"

Popeyes is enjoying a new wave of excitement and buzz far beyond what he saw during the summer months, when he introduced a new chicken sandwich. The company will struggle to maintain its momentum indefinitely, but even when traffic returns to historical norms, investors should still be satisfied.

Popeyes has announced two months of lower-than-market traffic in the same month last year, according to Placer.ai. This demonstrates the ability of the restaurant chain to oversee stable growth associated with "massive home sales," the company said.

What's next for Popeyes

Popeyes investors have plenty of reason to look forward to the future of the stock – even if future menu innovations will not reach the "extravagant levels" observed in November, according to Placer.ai.

Restaurant Brands shares were down 0.32% to $ 66.26 at the time of publication.

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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Analyst breaks down Popeye's chicken sandwich, impact rivals"data-reactid =" 29 ">Analyst breaks down Popeye's chicken sandwich, impact rivals

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "What is the truck?!? – There is no lack of driver or chicken sandwiches at Popeyes"data-reactid =" 30 ">What is the truck?!? – There is no lack of driver or chicken sandwiches at Popeyes

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Public domain photo via Wikimedia. & Nbsp;"data-reactid =" 31 ">Public domain photo via Wikimedia.

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