Popeyes began in Arabi, Louisiana. On 12 June 1972, it first started as Chicken on the Run by Al Copeland, its founder. His business, however, failed a couple of months later.
Popeyes is owned by Restaurant Brands, a Canadian-American fast food MultiNational Company . It came into being by the merger of Tim Horton’s and Burger King to become Restaurant Brands International, a holding company.
Popeyes went public in 2001 with its initial public offering (IPO). Shares were sold at a base price of $17 per share, with 9.4 million shares available.
The stock of Popeyes Louisiana Kitchen was traded under the symbol PLKI from 2008 until 2017. This stock symbol/ticker is no longer listed on the New York Stock Exchange (NYSE) since it was merged with Restaurant Brands International (NYSE: QSR).
1) Invest in Restaurant Brands International (NYSE: QSR)
Restaurant Brands International (NYSE: QSR) is a company that operates service restaurants. It operates under the trademarks Tim Hortons, Burger King, And Popeyes.
Starbucks (NASDAQ: SBUX) has grown to become one of the most well-known coffee companies in the world. They quickly expanded after opening their first store in Seattle, and now the coffee business has nearly 24,000 locations globally.
Yum Brands! (NYSE: YUM) is a fast-food company that owns three of the globe’s most well-known fast-food franchises – Pizza Hut, Kentucky Fried Chicken, and Taco Bell. Yum also owns The Habit Burger Grill, a younger hamburger restaurant.