Libs won't be liking this !
Chick-fil-A Stole KFC's Chicken Crown with a Fraction of the Stores
MORE: Chick-fil-A Stole KFC's Chicken Crown with a Fraction of the Stores - DailyFinance
Chick-fil-A Stole KFC's Chicken Crown with a Fraction of the Stores
The days when fried chicken was synonymous with a certain white-haired southern gentleman are over, at least in the U.S. A new champion has claimed KFC's long-held chicken crown: Chick-fil-A.
The change atop the leaderboard appears undisputed: Yum Brands (YUM), which owns KFC and has for years prided itself as "the leader in the U.S. chicken [quick-service restaurant] segment," removed that very phrase from the company's most recent annual report.
Anyone in the northern half of the U.S. is likely scratching her head and wondering why she hasn't seen Chick-fil-A outlets opening in the neighborhood. Last year Chick-fil-A only had about 1,775 U.S. stores to KFC's 4,491, and most are in the South. Yet in dollar terms the Colonel is coming up short even with that much larger footprint: Chick-fil-A's 2013 sales passed $5 billion, while all of KFC's U.S. restaurants rang up about $4.22 billion, according to Technomic. And that's with zero dollars coming in to Chick-fil-A on Sundays, when every restaurant is closed.
MORE: Chick-fil-A Stole KFC's Chicken Crown with a Fraction of the Stores - DailyFinance