Chain Surpasses $3 billion in Annual Sales During Down Year for Industry
ATLANTA--(BUSINESS WIRE)--Despite the sluggish economy and its effect on the restaurant industry, Chick-fil-A® ended 2009 on a positive note by marking the company's 42nd year of consecutive sales growth. The Atlanta-based chain today reported 2009 system-wide sales of $3,217,001,094, representing an 8.6 percent increase over the chain's 2008 overall sales performance and a same-store sales increase of 2.52 percent. 2009 also marked the first time the company surpassed $3 billion in annual sales.
Chick-fil-A's record sales performance in 2009 continues a trend of year-over-year growth the chain has sustained since its inception in 1967.
"Chick-fil-A has truly been blessed to have had another year of sales growth during these difficult economic times," said Chick-fil-A President and Chief Operating Officer Dan T. Cathy. "While we by no means are immune to the economic challenges our country is facing, we do believe we will continue to remain healthy as long as we stay committed to the qualities that have shaped the Chick-fil-A brand thus far: providing exceptional customer service and unmatched product quality to every customer on every visit. We have sensed God's continued blessings on this business, especially during these unprecedented economic times."
In addition to surpassing the $3 billion annual sales mark for the first time in early December 2009, Chick-fil-A celebrated a number of other business achievements in 2009, including:
Philanthropy also continued to be a major focus in 2009 for the entire chain, a tradition set by its 88-year-old founder S. Truett Cathy. Cathy and Chick-fil-A commemorated the $25 million Leadership Scholarship milestone by awarding the 25,000th $1,000 scholarship to restaurant employees since 1973. Other significant charitable endowments for the chain included continued support for WinShape® Foundation, a non-profit organization and charitable foundation established by the Cathy Family, and the 2009 Chick-fil-A Bowl, which again led all college football bowl games by contributing more than $1.2 million to charities and scholarships. Chick-fil-A also committed $5 million to the College Football Hall of Fame's move to Atlanta.
How will Chick-fil-A sustain its momentum in 2010? "With an extremely heavy dose of what has served us well in recent years," said Dan Cathy. "2010 will be a banner year for Chick-fil-A; perhaps our most notable year ever. We are enhancing our menu with new products, entering new markets, reinvesting in our current restaurants and giving back to our communities."
Following are highlights of key initiatives Chick-fil-A believes will help continue to grow the business in 2010:
Atlanta-based Chick-fil-A, Inc. is the nation's second-largest quick-service chicken restaurant chain (based on sales), currently with more than 1,480 restaurants in 38 states and Washington D.C. Credited with inventing the boneless breast of chicken sandwich and first introducing the chicken nugget concept, Chick-fil-A serves nutritious and freshly prepared food products in mall locations, stand-alone restaurants, drive-thru-only restaurants,
Chick-fil-A Dwarf House® and Truett's Grill® full-service restaurants, and through licensed outlets in college campuses, hospitals, airports, businesses and industrial sites.