Why Chick-fil-A Is One of the Best Fast-Food Chains
Chicken is in, and Chick-fil-A seems to be cashing in on this. According to a recent report by Kalinowski Equity Research, this chicken chain will be the third-largest fast-food chain by sales in the country next year.
Sales are expected to grow as much as 15% to $10 billion, on top of its 14.2% growth from the previous year.
This would lift Chick-fil-A past Taco Bell, Burger King and Wendy’s, which are ranked 4, 5 and 6, respectively.
In the past year, Chick-fil-A stores grew roughly 8% to more than 2,100.
Comparable sales are estimated to be increasing in the range of 4.5% to 7.5% as the company expands further into the Northeast and Midwest of the United States.
According to Chick-fil-A’s site:
Chick-fil-A reported more than $9 billion in revenue in 2017, which marks 50 consecutive years of sales growth. A leader in customer service satisfaction, consumers voted Chick-fil-A, Inc. #4 in Harris Poll’s annual corporate reputation survey, ranking the company 4th out of 100 in 2018. Chick-fil-A was also recognized for customer experience again in the 2018 Temkin Experience Ratings survey, was named “Best Franchise Brand” in 2018 by Airport Revenue News and was named one of the top 100 best places to work by Glassdoor in 2017.