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Story perspectives

Panda Express Founders Pledge Homeownership for 55,000 Workers

8/27/2026

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Story summary
  • Andrew and Peggy Cherng pledge to help Panda Express employees achieve homeownership.
  • Andrew tracks managers earning $100,000 and buying homes as a success metric.
  • Peggy notes most associates are first-generation immigrants, reflecting the founders’ backgrounds.
  • Panda Express employs about 55,000 workers and operates over 2,500 locations.
  • Panda Express generates roughly $7 billion in annual sales.