The numbers are in, and they’re looking good for Popeyes. In the third quarter, the chicken chain reported a net income of $6.9 million—up over $5.8 million in 2011—10 quarters of consecutive positive sales results, and a global same-store sales increase of 6.3 percent.
President Ralph Bower says it’s not just Q3, but all of 2012 that’s been great for the brand. Starting off the year with hopes of seeing 2–3 percent sales increases, Bower says the brand has exceeded expectations each quarter.
“Every quarter has been better than the last,” he says.