Chicken franchise sales spiked amid pandemic

Fast food franchises improvised with their food delivery systems to survive the pandemic. As a result some franchises did not merely survive but managed to grow exponentially too. For instance, chicken franchise sales spiked amid pandemic in South Korea.

Kyochon, the biggest franchise, saw its top line surge 17.8 percent on-year to 447.6 billion won ($398 million) last year, and sales of No. 2 BHC shot up 25.7 percent to 400.4 billion won.

It marks the first time that local chicken franchise sales have exceeded the 400 billion won mark.

No. 3 player BBQ sales soared 32.1 percent on-year to 325.6 billion won, with its operating income skyrocketing 119.3 percent to 55 billion won. (Yonhap).

Source: The Korean Herald

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