Company Information

About the Company

While lovable pandas have won the hearts of zoo-goers from San Diego to Washington, D.C., a different sort of panda has been winning the hearts, and stomachs, of millions of Americans. It's the Panda family of restaurants that include Panda Express, Panda Inn and Hibachi-San, each providing different flavors, settings and service styles. Together, the success of these unique dining concepts has made their family-owned parent company, Panda Restaurant Group (formerly Panda Management Company, Inc.), the largest Chinese foodservice provider in the nation.

With annual sales of over $1 billion and more than 1000 restaurant locations, the privately-held Panda Restaurant Group, based in Rosemead, Calif., dramatically outperforms its competitors. In the industry's benchmark measurement of growth, same-store sales have increased every year since 1996, and in 2007, Panda Express added 172 new locations throughout the United States.

Today, under the leadership of Andrew Cherng and his wife Peggy, Panda Restaurant Group employs a team of more than 13,000 people and oversees its successful concepts throughout 37 states, Puerto Rico and Japan. Both Andrew and Peggy remain actively involved with their company on a daily basis as Founder/Chairman and Chief Executive Officer/Co-Chairman, respectively.