November 1, 2021
Andrew Cathy, the newly-minted CEO at Chick-fil-A, will be keeping restaurants closed on Sunday and has no intention of taking the chain public at any point.
Sales at the chicken brand are up 20% with AUVs at $7 million a store, Cathy, a third-generation operator, told Fox Business in an interview.
Cathy said the company has weathered chicken shortages by using a smaller chicken, which gives its trademark sandwich "extra tenderness." Chick-fil-A was able to avoid increasing prices by eating into their extra reserves a bit when chicken prices soared last spring, he said.