This Rival is Kicking KFCâ??s Butt (BusinessWeek)
If youâ??re a current investor in Yum! Brands (YUM) based on its global Kentucky Fried Chicken franchise, itâ??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 KFCâ??s number — it earned revenues of more than $5 billion in 2013, while the Colonelâ??s company managed just $4.22 billion, according to food industry watchdog Technomic. That means each store made more than three times what KFCâ??s stores did while operating a work-week 14% shorter than KFCâ??s. If you arenâ??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.