Chick-fil-A Rejects IPO as 2025 Revenue Rises 14% to $10.3 Billion
Updated
Updated · TU News · Oct 4
Chick-fil-A Rejects IPO as 2025 Revenue Rises 14% to $10.3 Billion
3 articles · Updated · TU News · Oct 4
Summary
Chick-fil-A said it will remain family-owned with no IPO or outside investment plans, even as it pushes international growth under CEO Andrew Cathy.
$10.3 billion in 2025 revenue, up 14%, and $23.92 billion in system sales supported that stance, with Cathy arguing private ownership lets the chain plan over decades instead of quarterly targets.
179 new restaurants opened last year, and the company is advancing a $1 billion international expansion plan after entering markets including Canada, Singapore and the UK.
43% of the U.S. chicken chain market in 2024 and steady customer traffic have helped Chick-fil-A outperform a softer restaurant sector, though net income rose only 1% to $1.05 billion amid inflation and heavier competition.
Beyond restaurants, Red Wagon Ventures is testing new service-led businesses such as Daybright and Acrew Home Professionals while Chick-fil-A keeps core traditions like Sunday closures and avoids AI drive-thru voice ordering.