I awoke this morning to a report in my mailbox which emphasizes the fact that good, moral, conservative, businesses not only make money, but often do stunningly well, frequently because of, rather than despite, those conservative principles. From PrivCo, whose full report can be seen by clicking the graphic above:
July 31, 2012 1:45am EST - PrivCo analysts reveal the impressive financials behind privately-held fast food chain Chick-fil-A (PrivCo Private Company Ticker: CHICKP). The Cathy Family of Georgia, 100% owners of Chick-fil-A, are now worth a stunning $4.5 Billion (the value of Chick-fil-A according to PrivCo analysis), with the company throwing off $492 Million in EBITDA and $1.12 Billion in revenue in 2011, an EBITDA margin of 44%, virtually unheard of in the restaurant industry.
Once again, reality bites back – when liberals attack a company, there’s probably a good reason for conservatives to take a closer look.