A new report says Chick-fil-A is losing more than $1 billion in sales by being closed on Sundays. Its founder and its current CEO, though, likely would disagree.
The company had more than $10 billion in revenue in 2018, with roughly 2,400 restaurants in 47 states and Washington, D.C.
McDonald’s gains an estimated 15 percent of its sales on Sunday, according to a 24/7 Wall Street report in USA Today. If that traffic pattern and percentage were true with Chick-fil-A, then the company could gain at least $1.2 billion in sales by opening Sundays, according to 24/7 Wall Street.
But Chick-fil-A CEO Dan Cathy has previously argued that the company may gain revenue by being closed on Sundays.
“If we can let [employees] kind of take some time off and live and breathe, they come in with a lot more enthusiasm on Monday – plus a little bit more on Tuesday, Wednesday, Thursday, Friday and Saturday,” Cathy told Atlanta’s WSB-TV last year. “And it more than offsets — this defies the accountant’s logic, here, I know that – but it more than offsets the fact that we close everything down on Sunday. And it’s worked great for us.”
Cathy said he and his siblings signed a covenant with their father – founder Truett Cathy – never to open on Sundays.
“He never liked the idea of asking other people to do that which he was not willing to do himself,” Dan…
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