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Article: Chick-fil-A Sales Growth Continues to Accelerate
- Article from:
- PR Newswire
- Article date:
- January 26, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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1997 Growth Rate Surpasses 1996 Figures, Eclipses Industry
ATLANTA, Jan. 26 /PRNewswire/ -- Atlanta-based Chick-fil-A, Inc., the nation's third-largest, quick-service chicken restaurant company, recently announced 1997 system-wide sales of $671.95 million. These figures reflect an impressive 17.89 percent increase over 1996 for a fifth consecutive year of double-digit gain. And the growth rate is increasing -- from 11.18 percent (between 1994 and 1995) to 13.63 percent (between 1995 and 1996) to the present growth rate. If the current trend continues, Chick-fil-A is poised to reach its goal of $1 billion in sales by 2000.
The company's ...