The chart above displays the advertising expenses of Chick-fil-A from 2016 to 2022 in millions of dollars.
In fiscal 2022, Chick-fil-A spent $180.8 million on advertising compared to $156 million in the prior year. The company generated total $6,373.i8 million in net revenue in 2022 compared to $5,764.15 million in the prior year. Its net earnings remained $988.7 million in 2022 compared to $1,238.9 million in 2021.
Advertising expenses of Chick-fil-A 2016-2022
Amounts are in millions.
Year | Advertising expenses (millions) |
2022 | $180.8 |
2021 | $156 |
2020 | $130.9 |
2019 | $148.9 |
2018 | $99.6 |
2017 | $98.75 |
2016 | $60.24 |
Chick-fil-A is the largest QSR chicken restaurant chain in the United States based on annual system-wide sales. The QSR chicken brand experienced strong revenue growth in 2021 compared to the previosu fiscal. 2021 was the best year in its history in terms of financial performance.
The company generated $5.76 billion in net revenues in 2021 compared to $4.32 billion in 2020. Its total costs and expenses for 2021 remained $4.07 billion and net earnings $1.24 billion. Chick-fil-A generated $874 million in net sales from its company operated stores in 2021 compared to $397.4 million in 2020. Its total annual system-wide sales in 2021 reached $16.7 billion compared to $13.7 billion in 2020.Â
Chick-fil-A spent $156 million on advertising and promotions in 2021 compared to $130.9 million in 2020.
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