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IPSOS

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Ipsos : Panda Express tops F&B for health, safety measures

09/11/2020 | 09:31am EDT

Panda Express ranked first in a national study of health and safety compliance measures in the food and beverage industry completed by consumer research company, Ipsos. According to a news release, the Asian-American fast-food chain outperformed competitors, like Taco Bell and McDonald's, on health-related signage, employee protective gear compliance and distancing enforcement inside its stores.

The Ipsos survey showed that restaurant health and safety protocols were four times more important to consumers than good customer service.

Panda Express said it created a free COVID-19 Operations Guide available online to help other restaurants. Tips included wearing personal protective equipment like gloves and masks, the provision of curbside pickup for those with disabilities and training employees to address situations when guests are not wearing masks in stores.

Compared to food and beverage industry averages that showed 89% compliance with restaurant brand requirements that employees wear masks, Panda Express restaurant employees had a 96% compliance rate. Additionally, the chain ranked higher than the national average on distancing enforcement and signage, as well as one-way entrance and egress, and the use of acrylic partitions in both the drive-thru and at store counters, along with tamper-evident packaging.

Copyright © 2020 Networld Media. All rights reserved., source Industry News

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Financials
Sales 2021 2 120 M 2 485 M 2 485 M
Net income 2021 155 M 182 M 182 M
Net Debt 2021 420 M 492 M 492 M
P/E ratio 2021 12,4x
Yield 2021 2,46%
Capitalization 1 895 M 2 219 M 2 221 M
EV / Sales 2021 1,09x
EV / Sales 2022 1,00x
Nbr of Employees 17 640
Free-Float 85,4%
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Number of Analysts 6
Last Close Price 42,65 €
Average target price 46,13 €
Spread / Average Target 8,17%
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Managers and Directors
Didier Michel Truchot Chairman, President & Chief Executive Officer
Laurence Stoclet Chief Financial Officer, Director & Deputy CEO
Neville Rademeyer Global Chief Information Officer
Patrick Artus Independent Director
Dupont-Madinier Mary Independent Director
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