Chick-fil A has been in the news lately for health care, but while the ruckus was going on surrounding it, the privately held fast food company has been growing.
A new report by Janney Capital Markets calls Chick-fil A's growth "legendary," noting:
"Back in 1999, the category leader was ... KFC, with 39.7% share. ... Chick-fil-A's market share was 8.7% ... Fast-forward to the year 2013. ... Chick-fil-A is the clear category leader with 26.3% share, several percentage points more than KFC's 21.9%."
And Chick-fil A did it all with fewer stores and fewer hours. But does this mean the anti-cow restaurant can grow even more from here?
Media outlets seem to think it's possible — spotlighting the idea that Chick-fil-A could outpace McDonald's.
An analyst on The Wall Street Journal disagrees, saying Ronald McDonald and gang are safe.
"It's not going to overtake McDonald's, obviously. McDonald's is massive. It's doing six to seven times more sales than Chick-fil-A. It's a much bigger business. What they say it could do is take a lot of growth from McDonald's."
How is Chik-fil-A doing so well? Find out in this Newsy video.