This Rival is Kicking KFC’s Butt
This Rival is Kicking KFC’s Butt (BusinessWeek)
If you’re a current investor in Yum! Brands (YUM) based on its global Kentucky Fried Chicken franchise, it’s time to shake your tail-feathers good-bye. New hen on the block, and private company, Chik-fil-A is crushing KFC. Even though Chik-fil-A has only 1,775 stores in the United States — about 1/3 of KFC’s number — it earned revenues of more than $5 billion in 2013, while the Colonel’s company managed just $4.22 billion, according to food industry watchdog Technomic. That means each store made more than three times what KFC’s stores did while operating a work-week 14% shorter than KFC’s. If you aren’t aware, Chik-fil-A is closed on Sundays. Talk about a butt-whipping. In 2014, for poultry profits, you may want to find more appetizing investment opportunities than YUM.