Douglas A. McIntyre of 24/7 Wall Street Says Chick-fil-A Misses Out on More Than $1B in Sales Because They Aren’t Open on Sundays – We as Christians Believe They Make It Up by Honoring God

Truett Cathy, the founder of Chick-fil-A, made the decision when he started the fast-food company in 1946 that it would not be open on Sundays. He believed that the first day of the week should be for employees to have “one day to rest and worship if they choose.” The decision, based on deeply held principles, is even more extraordinary given what Chick-fil-A gives up financially.

Chick-fil-A had revenue of more than $10 billion in 2018, according to the company’s corporate financials. That figure came from the operation of 2,400 restaurants in 47 states and Washington, D.C. It was the 51st consecutive year of top-line growth, which means that the company is a rare one, as it grew through several recessions, particularly the Great Recession of a decade ago.

Although McDonald’s does not disclose traffic by day, there is evidence that the weekends are particularly busy, which means that it may post 15% of its sales on Sunday. If Chick-fil-A has a similar traffic pattern, Sundays could bring in sales of at least $1.2 billion. It is a sum that management not only has given up, but has done so with a sense of purpose that almost certainly will not change.

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Source: USA Today