Bojangles’ could be careening towards disaster after an aggressive expansion push — and a trip to the chain reveals why (BOJA)

Bojangles 10

  • North Carolina-based chicken chain Bojangles’ is having growing pains after a recent expansion push.
  • The company recently reported negative sales growth, and its CEO stepped down for personal reasons.
  • We visited the chicken chain, and we think the road to recovery is possible — but it’ll take some work.

Regional cult-favorite Bojangles’ plans to expand across America are apparently hitting some bumps along the way.

Last week, after a lackluster fourth-quarter earnings report, the company’s stock went on a wild roller coaster ride, plummeting before rallying to its highest price this year. The chain’s system-wide sales were down read more >>>

Source : BusinessInsider.Com

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