Douglas A. McIntyre, 24/7 Wall Street
Published at 12:00 p.m. ET July 14, 2019 | Updated 1:36 p.m. ET July 14, 2019
Now you can receive Chick-Fil-A chicken sandwiches directly on your doorstep.
Truett Cathy, the founder of Chick-fil-A, made the decision when the fast-food company started in 1946 that it would not open on Sundays. He believed that the first day of the week should be for employees to have "a day to rest and worship if they wish." The decision, based on deep-rooted principles, is even more extraordinary given that Chick-fil-A gives up financially.
Chick-fil-A had revenues of more than $ 10 billion in 2018, according to the company's corporate finances. That figure came from the operation of 2,400 restaurants in 47 states and Washington, DC It was the 51st consecutive year of first-line growth, which means that the company is rare, as it grew through several recessions, particularly the Great Recession of a decade ago.
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Although McDonald's does not disclose traffic per day, there is evidence that weekends are particularly busy, which means that you can post 15% of your sales on Sunday. If Chick-fil-A has a similar traffic pattern, on Sundays they could generate sales of at least $ 1.2 billion. It is a sum that the administration has not only surrendered, but has done so with a sense of purpose that almost certainly will not change.
Chick-fil-A remains family-owned. Dan T. Cathy is chairman of the board and executive director. Donald ("Bubba") M. Cathy is executive vice president. At the head of the company's statement of "who we are", the administration says: "It's not about being closed, it's about how we use that time."
Chick-fil-A has several obstacles to open a franchise. However, one benefit of the property is that the company is among the fast food operators that have healthy food options. This is likely to be an advantage, since fast-food customers move away from high-calorie menu items.
While the $ 1.2 billion in revenue is a big deal to give up, Chick-fil-A's focus on what days a company should be open will not change in the short term. The employees are happy with the administration, at least according to external investigations. Glbaddoor cataloged it as one of the 100 best places to work in 2017. It has also been named one of the best fast food operators in the country.
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