Jubilant FoodWorks reports highest same-store sales growth in 2 years

The company launched 3 new products at Domino's to build excitement among consumers

After eight quarters of sluggish growth, Jubilant FoodWorks, which runs Domino’s Pizza and Dunkin’ Donuts stores in India, has reported its highest same-store sales growth (SSG) at 6.5 per cent for the three months ended June 30. The growth, sector analysts said, hinted at a revival in sales at the company.

Led by new chief executive officer (CEO) Pratik Pota, Jubilant had focused on driving profitable growth over the past few months, said Abneesh Roy, senior vice-president, institutional equities, Edelweiss.

The company, Roy said, had not shied away from closing unprofitable stores. In the June quarter, for instance, it downed shutters of