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Raising Cane's history
Raising Cane's company history timeline
However, according to co-CEOs Todd Graves (who founded the concept in 1996) and AJ Kumaran, there is a much bigger driver behind the chain’s success–its people.
The first Raising Cane’s® opened in 1996.
When he started his business in 1996, he contacted SCORE for financial and marketing advice.
An area devasted by Hurricane Katrina in 2005, Todd and Gwen donated nearly $400,000 to benefit several community organizations and established the Cane’s Plaquemine Parish Relief Fund.
In 2006, Raising Cane’s received the National Restaurant Association’s Good Neighbor Award.
In 2007, Graves was recognized as one of the “Top 100 Movers and Shakers” by Fast Casual magazine.
In 2008, Todd and Gwen Graves appeared on an episode of Secret Millionaire on FOX which featured the community of South Plaquemines Parish in Louisiana.
Also in 2008, Raising Cane’s ranked number 233 in Restaurants and Institutions’ “Top 400 Restaurant Chains” list.
In 2009, the company gave more than $1 million to the communities that house its restaurants.
Graves regularly guest lectures at universities and high school classes on entrepreneurship, leadership and active community involvement and delivered the 2010 commencement address at Louisiana State University.
Raising Cane's is the recipient of the 2010 SCORE Award for Outstanding Socially-progressive Small Business.
The chain first began expanding internationally in 2015, opening its first restaurant in Kuwait.
Consider the chain’s sales in 2016 were about $576 million with about 250 units.
In 2019, they were about $1.18 billion with about 400 units.
In March 2020, many of Cane’s locations switched from dine-in to pick-up and take away service only because of the COVID-19 pandemic, while others closed temporarily.
As of July 2020, certain locations had reopened their dining rooms, although Graves said the company was in no rush to do so on the full scale.
In 2021, in response to a shortage of workers the company began dispatching hundreds of corporate employees to work in its resturaunts as cooks and cashiers, in addition to their existing duties regarding the hiring of new employees.
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Raising Cane's competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Wendy's | 1969 | $2.2B | 12,500 | 6,521 |
| Sonic Drive-In | 1953 | $423.6M | 5,000 | 6,275 |
| Ruby Tuesday | 1972 | $952.0M | 32,100 | 8 |
| The Habit Burger Grill | 1969 | $466.1M | 6,093 | 37 |
| Zax LLC | 1990 | $140.0M | 2,500 | - |
| Culver's | 1984 | $3.2B | 20,000 | 2,343 |
| Five Guys | 1996 | - | 376 | 1,962 |
| White Castle | 1921 | $720.6M | 10,000 | 613 |
| Firehouse Subs | 1994 | $695.0M | 2,000 | 1,901 |
| Bojangles | 1977 | $547.4M | 7,500 | 390 |
Raising Cane's history FAQs
Zippia gives an in-depth look into the details of Raising Cane's, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Raising Cane's. The employee data is based on information from people who have self-reported their past or current employments at Raising Cane's. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Raising Cane's. The data presented on this page does not represent the view of Raising Cane's and its employees or that of Zippia.
Raising Cane's may also be known as or be related to Raising Cane s Chicken Fingers, Raising Cane's, Raising Cane's Chicken Fingers, Raising Cane's Restaurants, L.L.c, Raising Cane's USA LLC, Raising Cane's USA, LLC and Raising Restaurants LLC.