The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 7 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Assertion Supported
Graves: Raising Cane's Is Valued at Over $20 Billion on 20x EBITDA
“We're trading on, not trading, we don't trade, but we're valued on over 20 times EBITDA, those company restaurants. Go into that. So the profitability that comes into all of it gets on that, that higher multiple. That's why we have the twenty billion plus valu…”
Todd Graves Nov 9, 2025 ▶ 1:44:24 How Todd Graves Built Raising Cane's
Assertion Supported
Graves: Raising Cane's Ranks #2 in Quick Service Average Unit Volumes
“We're number two on average unit volumes in quick service restaurants, Chick-fil-A than us. And I think McDonald's might be a million behind us or per unit per restaurant, all the way down to our, a lot of our competitors are like a third of what we do sales w…”
Todd Graves Nov 9, 2025 ▶ 48:28 How Todd Graves Built Raising Cane's
Assertion Supported
Graves: Raising Cane's carries approximately $3 billion in debt
“Someday when I clear debt, I'm like a three billion dollars in debt now, eventually with our growth, you know, as we go, God willing, we'll go, and then we'll be able to pay down debt, and we'll have, when I have this free cash flow coming out, and doing, we'r…”
Todd Graves Nov 9, 2025 ▶ 40:44 How Todd Graves Built Raising Cane's
Assertion Supported
Graves: Raising Cane's has 75,000 crew members system-wide
“We got 75,000 crew members across the system.”
Todd Graves Nov 9, 2025 ▶ 1:05:42 How Todd Graves Built Raising Cane's
Assertion Supported
Graves: Raising Cane's closes on every major holiday
“We're closed on every major holiday.”
Todd Graves Nov 9, 2025 ▶ 1:06:46 How Todd Graves Built Raising Cane's
Assertion Partly supported
Graves: Raising Cane's Reopened 30 Days Post-Katrina Versus 90 for Competitors
“We open up 30 days after the Storm. Other restaurants didn't open in, like, 90 days.”
Todd Graves Nov 9, 2025 ▶ 1:51:53 How Todd Graves Built Raising Cane's
Assertion Supported
Graves: Hurricane Katrina shut down 21 of Raising Cane's 28 locations
“21 out of the, 21 out of the 28 were down from either power to damage to flooding to whatever it was, and so no cash is coming in.”
Todd Graves Nov 9, 2025 ▶ 1:50:04 How Todd Graves Built Raising Cane's
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