Posted on 11/28/2019 6:58:39 AM PST by SeekAndFind
Chick-fil-A, once under fire for donating to "anti-LGBT" Christian organizations, has now taken flack for funding seemingly pro-LGBT charities. In a truly shocking development, the fast-food chain even funded the Southern Poverty Law Center (SPLC), which is notorious for slandering conservative and Christian organizations by calling them "hate groups" on par with the Ku Klux Klan. While conservative Christians have been defending Chick-fil-A from criticism, the fast-food chain donated to one of their worst enemies.
On Wednesday, a Christian non-profit Chick-fil-A once supported called for a boycott of the fast-food chain.
"It’s time for Christians to find a fast-food alternative to Chick-fil-A," Tony Perkins, president of the Family Research Council (FRC) said in a statement.
On Tuesday, Townhall's Ryan Bomberger revealed the shocking news that Chick-fil-A had given $2,500 to the SPLC in 2017, citing the Chick-fil-A Foundation's Form 990.
Yet a Chick-fil-A spokeswoman insisted that the SPLC donation did not represent the company as a whole, and due to the restructuring of Chick-fil-A's philanthropic giving, it will not happen again.
“The donations in question were disclosed in the 2017 Chick-fil-A Foundation 990 that listed giving in that calendar year. Among the recipients that year were Fellowship of Christian Athletes, Salvation Army, Paul Anderson Youth Home and more than 300 other organizations. The SPLC donation was made by a volunteer member of the Chick-fil-A Foundation Advisory Board," the spokeswoman explained. "Each volunteer advisor, in 2017, was offered the opportunity to recommend a grant recipient. The grants were given to a range of organizations, including Meals on Wheels, Atlanta Mission, the Holocaust Survivor Support Fund, Georgia Historical Society and brain health research at Emory University."
(Excerpt) Read more at pjmedia.com ...
The airlines are always bankrupt anyways, so anything they can do to save a buck, they did, they had to
Chick Fil A is nowhere near the financial conditions of AA
Percentages based on Chick-fail-A's franchise agreement.
Chick-fail_A asserts the average franchisee clears $100,000.00/year. All the other values are set to pretty much make that fit.
If you have better numbers, I'd be happy to drop them in the spreadsheet.
Translation: In my estimation of a modest 10% drop in sales, Ballard stands to cost them ≈$55,000,000 in lost revenue over the course of a year. Maybe he can slither out of it by blaming Trump?
Maybe not.
The average per store gross is around 4.1 million
Same here :(
So done w/CFA.
| Status quo | |
|---|---|
| Gross income per store | 4,100,000.00 |
| Corporate 15% off the top | 615,000.00 |
| Net at 5.75% margin | 200,387.50 |
| Corporate net (50%) | 100,193.75 |
| Franchisee net (50%) | 100,193.75 |
| Corporate sub total per store | 715,193.75 |
| Number of stores | 2300 |
| Corporate grand total | 1,644,945,625.00 |
| % Loss of business | 10 |
|---|---|
| Gross income per store | 3,690,000.00 |
| Corporate 15% off the top | 553,500.00 |
| Net at 5.75% margin | 178,780.50 |
| Corporate net (50%) | 89,390.25 |
| Franchisee net (50%) | 89,390.25 |
| Corporate sub total per store | 642,890.25 |
| Number of stores | 2300 |
| Corporate grand total | 1,478,647,575.00 |
| Bottom line loss | 166,298,050.00 |
Translation: In my estimation of a modest 10% drop in sales, Ballard stands to cost Chick-fail-A corporate ≈$166 MILLION in lost revenue over the course of a year. Maybe he can slither out of it by blaming Trump?
Not yet.
10% is way steep also not considering growth, it is the only chain that is growing double digits year after year
And we are in the Christmas shopping season so Chick Fil As that are in malls or around malls are going to be packed even more.
I think your 10% drop is unlikely, I doubt their will even be a drop and if it is, it will be in growth, so instead of growing at 13% they grew at 12.9%
Anomaly at best
I guess that not being a fast food habitue`, the original stories were all I needed to make a decision...the next time I don’t go to a fast food establishment, it will be Chick-fil-A that I’m not going to...
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