TL;DR
Chick-fil-A has become the 3rd largest restaurant chain in the US, with systemwide sales growing 16.7% to $10.46 billion in 2018. The chain jumped past Wendy's, Burger King, Taco Bell, and Subway in the rankings, coming in after Starbucks and McDonald's.
Nation’s Restaurant News has released its annual Top 200 analysis, and the results are in: Chick-fil-A is doing something right. According to Business Insider, the chicken franchise jumped to No. 3 on the ranking of the largest restaurant chains in the U.S. after growing systemwide sales 16.7% to $10.46 billion in 2018.
Chick-fil-A was named the No. 7 largest chain last year, flying past Wendy’s, Burger King, Taco Bell and Subway to come in after No. 2 Starbucks and No. 1 McDonald’s this year.
"I would be surprised if they didn't double that in the not-too-distant future," Kalinowski Equity Research founder Mark Kalinowski told Business Insider last month. "Can they reach $30 billion? I think that's also a realistic goal if you give them enough time. And that should put them ahead of Starbucks."
In this story
This story was originally published in 1851 Franchise on June 18, 2019. Burnaze summarizes and links to the original reporting.
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