Arby’s
QSR & CoffeeNot rated
QSR & Coffee
Raising Cane’s
Parent: Raising Cane’s Restaurants, L.L.C. (private) · Private; mostly company-operated
Credit ratingNot rated
AAAAAABBBBBBCCCD
No verified agency rating.
EmployeesNot verifiedNo verified source
HeadquartersBaton Rouge, Louisiana and Plano, TexasQSR & Coffee
New Initiatives
How the real estate strategy is changing: openings, closures, formats, remodels, relocations and refranchising.
Raising Cane’s planned about 100 U.S. openings in 2026, including a dozen in November.
Source: Nation’s Restaurant News
Raising Cane’s is a chicken finger chain that operates most of its restaurants directly rather than through franchisees. It passed 1,000 restaurants in early 2026 and remains privately held.
Store count
1,000 as of Mar. 31, 2026
+20.8% 1-year change vs. prior fiscal yearU.S. restaurants through 2024; 2026 milestone counts all restaurants. Counts as reported at each period end. Sources: QSR 50 2023 (2022 U.S. units, Circana ReCount); QSR 50 2024 (2023 U.S. units, company-submitted); QSR 50 2025 (2024 U.S. units, company-submitted); Raising Cane's, 1,000th restaurant opening (LinkedIn, March 2026) and 1 earlier sources.
SEC Filings
Private company, no public SEC filings. Raising Cane’s Restaurants, L.L.C. (private) does not file annual reports with the SEC.
Credit ratings
| Agency | Rating | Outlook | As of | Source |
|---|---|---|---|---|
| S&P Global | Unavailable | Not verified | Not verified | |
| Moody’s | Unavailable | Not verified | Not verified |
Share prices, Yahoo Finance, as of Nov. 9, 2026. Bond index yields and spreads, ICE BofA US corporate and high yield indices, ICE Data Indices, LLC, via FRED, Federal Reserve Bank of St. Louis. 10-year yield, U.S. Department of the Treasury.
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