The rise of Raising Cane's

Raising Cane’s has quietly surpassed KFC in annual U.S. sales, becoming the third-largest chicken chain in the country. Cane’s told CNBC that its system sales rose to $5.1 billion last year, more than double its total in 2021.

But the company's founder Todd Graves has even bigger ambitions for the chain he started at age 24. He has said he wants Raising Cane’s to become a top 10 restaurant chain, with more than $10 billion in annual sales.

Post from CNBC on August 30, 2025