Is Chick-fil-A Publicly Traded?

Chick-fil-A is one of the most popular fast-food restaurants in the United States, and its popularity appears to be expanding even though the restaurant industry is failing. Here we will see about Is Chick-fil-A Publicly Traded?

Because Chick-fil-A is not a publicly traded corporation, there is no stock ticker to look for on Robinhood.

Despite the recent substantial issuance of new stocks through SPAC purchases, Chick-fil-A is unlikely to follow suit with an IPO in the near or distant future.

It’s only natural that as a satisfied customer who recognizes the company’s ostensibly sound financial status, you’d be interested in investing.

Is Chick-fil-A Publicly Traded?

Is Chick-fil-A Publicly Traded?

Why Doesn’t Chick-fil-A Have Stock?

Chick-fil-A, like many other major private corporations that have chosen to remain private, such as the company that owns Trader Joe’s, is a family-owned business that does not want to deal with outside pressure from investors or risk losing control of the business in the future.

To comprehend why Chick-fil-A is still privately held and not publicly traded, you must first comprehend some of the company’s distinctive ideas and business practices. 

These include:

Chick-fil-A prioritizes Christian principles

Southern Baptist ideals pervade A’s corporate culture. “To praise God by faithfully stewarding all that has been entrusted to us,” the company’s mission statement reads.

To have a positive impact on all Chick-fil-A customers.” Even though they are likely losing a lot of revenue as a result of this decision, the company is closed on Sundays, Thanksgiving, and Christmas.

While having a Christian-oriented corporation does not preclude it from becoming a successful publicly-traded company, problems like opposing same-sex marriage (which the company has already stated) would make it a prime target for activist investors.

It’s also evident that S. Truett Cathy, the company’s late founder, had reservations about the company’s capacity to go public while being faithful to its mission statement.

Family-run business

Chick-fil-A, as previously noted, is primarily a family-run business that has been passed down down the generations to continue to do so.

The Cathy family values the company remaining under their complete control and never risking a situation where outside investors could potentially seize it. Chick-fil-current A’s owners are individually worth approximately $7.1 billion in net value, putting the family slightly outside Forbes’ top 20 wealthiest families in America.

Model of franchising

Chick-fil-A, like many other quick-serve restaurant companies, like Krispy Kreme, operates on a franchise basis. However, unlike many other franchised businesses, Chick-fil-concept A restricts restaurant sites to a specific geographic area. This is why your town doesn’t have as many Chick-fil-A locations as it has Starbucks or McDonald’s.

If the company were public, it would undoubtedly face investor pressure to saturate markets with more sites. This is only one example of the kind of friction that Chick-fil-current A’s owners would prefer to avoid with outside investors.

Current achievements

Finally, it is critical to emphasize that the company is incredibly successful. According to most estimations, it will be the third most lucrative quick-serve restaurant chain this year, behind Starbucks and McDonald’s. 

According to Business Insider, the firm made more than $11 billion in revenue in 2019. It is unknown what benefits going public would offer to Chick-fil-A, and the risks are numerous.

Alternatives to Investing in Chick-fil-A

While you can’t buy Chick-fil-A stock, there are plenty of other quick-service restaurant stocks to look into, like Starbucks, McDonald’s, Restaurant Brands International (the parent company of Burger King), Brands, and Shake Shack. 

If you’re interested in the industry as a whole, an ETF like AdvisorShares Restaurant ETF (EATZ) holds a diverse portfolio of many of these companies.

Stock in Chipotle Mexican Grill

A Chick-fil-A alternative

The stock of Chipotle Mexican Grill is profitable, with a high annual net worth. With high revenue growth and a stable stock price, Chipotle has a bright future.

McDonald’s Corporation (MCD) is a publicly-traded corporation that operates in the

With about 36,000 locations globally, McDonald’s is the world’s largest fast-food restaurant chain.

Every day, 68 million clients are served by the corporation, which employs over 2.3 million people.

Stock in Taco Bell

Taco Bell is a Mexican restaurant known for its tacos, burritos, and another Mexican cuisine. The company has nearly 6,600 outlets in the United States alone.

Taco Bell offers 72 different sauces and 36 different meat options. They provide vegetarian alternatives as well as breakfast at numerous locations.

Wendy’s stock is now on the market

Wendy’s (NASDAQ: WEN) is the world’s third-largest fast-food hamburger company. Wendy’s operates or franchises over 6,500 restaurants in the US and 28 other countries and territories.

Wendy’s employs more than 34,000 people as of October 2016.

Revenues have increased, according to the corporation

Revenues and earnings have climbed by 33.3 percent and 67.3 percent, respectively. Franchise royalties, rentals, rental income, and store sales all increased by double digits for 2,700 franchisees, according to the corporation. Furthermore, in 2021, the average unit volume for non-mall, freestanding retailers was $8.1 million (a 14.7 percent increase compared to 2020).

Revenue climbed 33.3 percent from $4.3 billion in 2020 to $5.8 billion in 2021. As a result, total profits for the corporation reached $1.2 billion in 2021.


Chick-fil-A is the third-largest fast-food business in the United States, according to a Wall Street Journal survey released on October 28, 2021. As a result, Chick-fil-A is extremely likely to issue stock.

The prospect of purchasing stock in such a lucrative corporation has piqued the curiosity of investment firms.

The fact that Chick-fil-A owns and operates all of its stores, according to the Wall Street Journal, sets it apart from competitors. As a result, compared to conventional franchisees, they can invest more in their businesses.


Why is Chick-fil-A not a publicly-traded company?

Chick-fil-A has succeeded by maintaining a distinct culture. Going public could force Chick-fil-A to change several of its core values, such as closing on Sundays. Cathy, too, had personal motivations for keeping the company quiet.

What is the makeup of Chick-fil-Executive A’s Committee?

Chick-fil-A, Inc. is led by the Executive Committee, in addition to the Cathy family.

Is Chick-fil-A Publicly Traded?

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