Try BlazeTV for Free
News

Chick-fil-A rakes in more than twice the sales of McDonald's per restaurant, despite being closed on Sundays

Goldman Sachs data shows the chicken chain is a cash cow

Michael Nagle/Bloomberg via Getty Images

It's no secret that Chick-fil-A has been pecking away at the market share of other fast food chains at an increasing rate, but new data reveals just how much of a cash cow the chicken chain really is.

Analysis released by Goldman Sachs this week shows Chick-fil-A generates more than double the revenue of No. 1 fast food franchise McDonald's per restaurant, even though its restaurants are closed on Sundays.

What are the details?

"Our brand survey shows Chick-fil-A has had the most brand momentum across quick-service restaurants, supporting the most increase in total revenue (in dollar terms) in the U.S.," the Goldman report said, according to MarketWatch. "In fact, despite being open only six days a week, Chick-fil-A's AUVs [average unit volumes] are more than two times McDonald's."

Business Insider reported that the Atlanta-based franchise "has grown rapidly over the last decade and now ranks as the fifth largest fast-food company in the U.S. in terms of market share," and shows no signs of stopping.

The investment analysts at Goldman also issued a warning in their report, writing, "Steer clear from those in the fray of Chick-fil-A. Our 2,000 consumer brand survey suggests they will continue to take share and grow."

Competitors at most risk of losing customers to Chick-fil-A include Jack-in-the-Box, KFC, Popeyes, and Wendy's.

Business Insider further noted that the number of Chick-fil-A locations grew by almost 8 percent in 2018, in stark contrast to rival KFC, which "closed more than 1 percent of its locations in the U.S."

Anything else?

In further rosy news for Chick-fil-A, it has now been crowned America's favorite fast food restaurant. CBS News reported Thursday that Chick-fil-A took the top spot, dethroning In-N-Out, in a survey of 7,600 consumers conducted by Market Force.

One last thing…
Watch TheBlaze live and on demand on any device, anywhere, anytime.
try premium
Exclusive video
All Videos
Watch BlazeTV on your favorite device, anytime, anywhere.
Try BlazeTV for Free
Sponsored content
Daily News Highlights

Get the news that matters most delivered directly to your inbox.