Popeyes

Woman Sues Popeyes For Contracting Flesh-eating Parasite, No One Believes Her

... time, a when they were only being sued for people choking on chicken because of the inefficacy of  sporks. Now, a Texas woman is suing the fried chicken chain because she claims that she became the host of a “New World Screwworm” parasite after eating there. In a ten-page lawsuit , Karen Goode is asking for “damages in excess of $1,000,000” because of a rice and beans dish that she alleges contained a worm that “embedded in the interior lining of (her) small intestine” and “began to eat (her) alive from inside-out,” causing neck, digestive tract, shoulder, and arm injuries. READ MORE: A Guy Is Suing Popeye’s Because You Can’t Eat Fried Chicken With A Spork. But her Popeyes woes don’t end there, according to the suit. Goode also claims to have been “ravaged” by E. coli, Helicobacter Pylori, and the mental anguish that ensued. The chicken chain isn’t buying it though, according to a recent statement. “We don’t discuss details of litigation, but we can tell you that we understand that, while investigating this matter, the franchisee has worked with outside parties who have found the claims to be unfounded and false,” Popeyes spokeswoman Renee Kopkowski said. “We can ...

Woman Claims Flesh-eating Screwworms Ate Her ‘from The Inside Out

... claims to be unfounded and false,” Popeyes spokeswoman Renee Kopkowski said in a statement. “We can also assure you that the side dishes at this local Popeyes and all Popeyes restaurants have a strict standard and are cooked and maintained at 165 degrees Fahrenheit, a temperature that would make it impossible for bacteria or other foreign matter to survive the cooking process.”. “Popeyes makes food safety a top priority,” the statement read, “and we put the safety and welfare of our guests first, so we will continue to investigate this matter.”. Pearson, the entomologist at Purdue University, said Goode’s argument makes no sense. Pearson said screwworms live inside live animal tissue, not in plant tissue. If, by some chance, there were screwworms in the meal, she said, cooking them would have killed them. And if, by some chance, the woman had ingested live ones, she added, stomach acid would have finished them off. Pearson said screwworms cannot live (in red beans and rice, or inside a small intestine) ...

Why A Buyout Makes Sense For Popeyes

... budget year with a blank slate) and refranchising company units (not a large opportunity at PLKI with 55 company store of 2,688). For perspective, we expect PLKI’s G&A to be roughly equal to its EBITDA in ’18 ($106.7 M vs. $103.7 M) such that a given % drop in G&A would translate into a similar increase in EBITDA. PLKI has long seen the opportunity to be the “challenger brand” for chicken QSR internationally, as there are in the hamburger and pizza and segments. By refining its marketing message, investing in TV advertising and signing new franchisee agreements, PLKI has been setting the stage for strong growth. PLKI’s unit growth has accelerated in recent years and reached a “point of inflection” according to mgmt. We expect 12.7% int’l unit growth in ’17 vs. 5.2% in the US. While this is strong, the addition of QSR’s ...

Burger King Company May Buy Fried Chicken Chain

... of other companies, one of the people added. The sources asked not to be identified because the matter is confidential. Popeyes declined to comment, while Restaurant Brands did not immediately respond to a request for comment. STOCK PRICE FOR PLKI. Full price information. Popeyes shares jumped 14 percent in New York, reaching a record $75.30 and giving the company a market capitalization of around $1.6 billion. Restaurant Brands shares rose 4 percent to C$70.12 in Toronto, giving that company a market capitalization of C$32.34 billion. Popeyes, whose fans include pop singer Beyoncé, began 45 years ago as a Southern-fried "Chicken on the Run" restaurant in a New Orleans suburb. It has since expanded to more than 2,000 restaurants, of which 1,600 are in the United States. The company has benefited from strong customer loyalty, as well as from a restaurant refurbishment program. Chicken accounts for about 10 percent of the fast-food industry, according to data service IBISWorld, and Popeyes' market share is growing. The largest brands in the ...

Popeye's And Restaurant Brands

... about the name? Well let's start with the headline numbers. Revenues were up 4.7% year over year to $64 million. This is solid growth but is definitely less than the growth we normally see out of the company's reports. Sales by company operated restaurants were up $0.7 million year-over-year. Franchise royalties also rose to $5.0 million from $4.9 million. Regarding its total income, which beat estimates, the company saw net income of $10.3 million, or $0.47 per share. This compares to $10.4 million or $0.49 per share last year. On an adjusted basis, earnings were $0.69 per share this year and $0.47 last year. These earnings crushed estimates by $0.06. Further same-store sales are a key indicator. In the last quarter same-store sales were up 1.8%, slightly below historic norms. ...

Burger King's Parent Company To Buy Popeyes

... ordinance that tried to charge downtown bars to pay for police presence on weekends. Tuesday, February 21 2017 6:07 PM EST 2017-02-21 23:07:01 GMT. Photo courtesy of the victim. Scott Police are trying to figure out who broke into cars during Sunday's parade.   Investigators say someone broke the windows of two cars and stole women's purses that were left behind on the seat. Tuesday, February 21 2017 5:17 PM EST 2017-02-21 22:17:54 GMT. Courtesy Stock Snap. The University of Louisiana at Lafayette’s Center for Business and Information Technologies is seeking innovative students, programmers, software developers, designers and entrepreneurs for its Cajun Code Fest 5.0 competition. Tuesday, February 21 2017 1:13 PM EST 2017-02-21 18:13:36 GMT. Carencro Police are investigating a fight that took place during its Mardi Gras parade over the weekend. Tuesday, ...

Burger King Owner To Buy Popeyes Fried Chicken For $1.8b

... That came after same-store sales growth of 5.9% in 2015. "The key to long-term success at Popeyes will be a focus on guest satisfaction and franchise profitability," Restaurant Brands CEO Daniel Schwartz said in a conference call. "The team has done a great job setting the foundation for future growth.". The deal marks the latest in a series of moves that bear the hallmarks of Brazilian investment firm 3 G Capital's approach to financial restructuring. Known for targeting acquisitions for revenue growth and cost cutting, 3 G Capital, which engineered the Burger King acquisition of Tim Hortons, controls about 42.6% of the voting shares in Restaurant Brands, according to a public filing. The investment firm, paired with investor Warren Buffett's Berkshire Hathaway, previously helped engineer the merger of Kraft and Heinz. It was not immediately clear whether Restaurant Brands plans to close any locations, cut any jobs, combine any corporate operations or merge purchasing operations. The company did not respond to a request seeking comment and an interview. But the Popeyes brand "will be managed independently," Schwartz said on a ...

January Retail Sales Rise, Rbi To Buy Popeyes, Food Away From Home Leads Consumer Price Index Increase And Whole Foods Intros Fast-casual

... production fell 0.3 percent in January after rising 0.6 percent in December. Manufacturing output rose 0.2 percent and mining rose 2.8 percent but the index for utilities fell 5.7 percent, largely because of unseasonably warm weather. The Federal Reserve also reported that Capacity Utilization for the industrial sector fell 0.3 percentage points in January to 75.3 percent, a rate that is 4.6 percentage points less than its long-run (1972-2016) average. The Empire State Manufacturing Survey Index rose to its highest level in almost two years. The General Business Conditions Index shot up 12.2 percentage points for a reading of 18.7. The New Orders Index increased 10.4 percentage points for a total of 13.5. The Shipments Index totaled 18.2, an increase of 10.9 percentage points. The Unfilled Orders Index turned positive for the first time since 2011 with a January reading of +8.2, up from -1.7. Any reading that’s more than zero indicates expanding activity. The Philadelphia Federal Reserve’s Manufacturing Survey jumped to 43.3 in February, up from 23.6 in January. (Any ...

Burger King, Tim Hortons Owner Adding Popeyes To Holdings

... deals with local operators to open additional Burger Kings around the world. However, Cowen analyst Andrew Charles said last week that the company has not yet accomplished its goal of expanding Tim Hortons internationally. Although Tim Hortons has signed three master franchise development agreements in the Philippines, the United Kingdom and Mexico, Charles noted no stores have yet opened under those deals. Stephen Anderson, a Maxim Group analyst, noted last week that Popeyes has had stronger sales performance worldwide in the past two years compared to Burger King and Tim Hortons. The deal gives shareholders of Popeyes Louisiana Kitchen Inc. $79 per share, a 19 percent premium from its closing price on Friday. Restaurant Brands International Inc., based in suburban Toronto, has more than 20,000 locations globally, and Popeyes would give it about 2,600 more. By ...

Burger King Owner To Buy Popeyes Louisiana Kitchen For $1.8 Bln

... Germany Tells Parents To Destroy Dolls That Might Be Spying On Kids. Federal Network Agency (Bundesnetzagentur) has asked parents who bought the popular My Friend Cayla doll to destroy the toy or disable its wireless connection. The Bundesnetzagentur has banned the unauthorized wireless transmitting equipment in a children's toy and has already removed the product. IPO Watch: Aramco Wants To List On NYSE, Reports Say. Saudi Arabia is reportedly considering to list its state-run oil behemoth Saudi Aramco in New York Stock Exchange. According to a WSJ report, citing people familiar with the matter, Aramco prefers to float its shares on the NYSE, or in London or Toronto after discussion to list on an Asian stock exchange. BHP Billiton Posts Profit In H 1, Ups Dividend; Approves $2.5 Bln Bond Repurchase. Anglo-Australian mining ...

Buzz-u.s. Stocks On The Move-kraft, Unilever, Popeyes, Eyegate

... rose and investors cheered strong results of top U. S. retailers. [. N] The Dow Jones Industrial Average was up 0.45 percent at 20,716.37, the S&P 500 was up 0.43 percent at 2,361.21 and the Nasdaq Composite was up 0.40 percent at 5,861.8. * KRAFT HEINZ CO , $93.48, -3.28 pct * UNILEVER PLC , $44.42, -8.47 pct * MONDELEZ INTERNATIONAL INC , $44.43, +4.53 pct The U. S. food company's rapid retreat from its surprise $143 billion bid for Unilever , in the face of stiff resistance knocked the Anglo-Dutch company's shares on Friday as investors assessed the impact of the failed approach. [n L 8 N 1 G 51 CN] Oreo cookie maker Mondelez is rumored to be a Kraft acquisition target. * POPEYES LOUISIANA KITCHEN INC , $78.80, +19.18 pct Restaurant Brands International Inc , owner of the Burger King and Tim Hortons fast-food chains, said it would acquire Popeyes Louisiana Kitchen PLKI. O for $1.8 billion in cash. [n L 4 N 1 G 641 H] * EYEGATE PHARMACEUTICALS INC , $2.57, +56.72 pct * VALEANT PHARMACEUTICALS INC , $16.29, +1.56 ...