Value offers spice up growth at Jubilant FoodWorks

Jubilant FoodWorks ended  2017-18 on a strong note, with its March quarter numbers beating estimates on all counts. Despite a lower base from the year-ago quarter, it reported 27.3 per cent increase in revenue, aided by a strong 26.5 per cent growth in same-store sales (SSS), its highest in six years for its core Domino’s Pizza business. 

After a muted 0.6 per cent average SSS growth over FY14-17, things have improved since the beginning of FY18. Growth  improved 6.5 per cent at the start of the year and increased to 18 per cent in the December quarter. Introduction of everyday value