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As Chick-fil-A surges, McDonald’s and Wendy’s are under threat
Kalinowski Equity Research expects Chick-fil-A to become the third-largest restaurant chain in the U.S.
Privately held Chick-fil-A is not just growing fast, it’s becoming a growing threat to a number of large publicly held chains, including the biggest of them all, McDonald’s Corp.
According to Kalinowski Equity Research, Chick-fil-A could move into the number three spot on the list of largest U.S. restaurant concepts in 2018, which was held by Subway, the privately held sandwich chain, in 2017. That would be ahead of the 2020 projection made by others.
Kalinowski cites Restaurant Business data that shows Chick-fil-A sales up 15.5% this year. Traffic is up 10%.
In 2017, Chick-fil-A’s U.S. systemwide sales were $9.021 billion, up 14.2%. In 2018, that sales total could near $10.4 billion.
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https://www.marketwatch.com/story/as-chi...2018-12-17
Kalinowski Equity Research expects Chick-fil-A to become the third-largest restaurant chain in the U.S.
Privately held Chick-fil-A is not just growing fast, it’s becoming a growing threat to a number of large publicly held chains, including the biggest of them all, McDonald’s Corp.
According to Kalinowski Equity Research, Chick-fil-A could move into the number three spot on the list of largest U.S. restaurant concepts in 2018, which was held by Subway, the privately held sandwich chain, in 2017. That would be ahead of the 2020 projection made by others.
Kalinowski cites Restaurant Business data that shows Chick-fil-A sales up 15.5% this year. Traffic is up 10%.
In 2017, Chick-fil-A’s U.S. systemwide sales were $9.021 billion, up 14.2%. In 2018, that sales total could near $10.4 billion.
...
https://www.marketwatch.com/story/as-chi...2018-12-17
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