To spur demand Jubilant offered free home delivery and value deals such as meals for Rs 99 ($1.18), in a quarter that coincided with the T20 Cricket World Cup and school summer vacations
Domino's U.S. same-store sales growth of 4.8 per cent in the quarter fell just short of expectations of 4.91 per cent growth, according to LSEG data
Domino's Indian franchise gains steam as pizza outpaces burger rivals amid shifting market dynamics
Jubilant FoodWorks stock is likely to test the previous swing high of Rs 543, and can extend towards Rs 549 from a short-term perspective. A stop loss of Rs 507 should be kept for the long positions
With 2,000 outlets in 421 cities, chain shifts focus to dine-in
At 6:53 AM, GIFT Nifty futures were trading down 13 points at 22,644.50 against Nifty futures
Over the past 28 trading sessions, HDFC AMC has maintained a range between approximately Rs 3,600 and Rs 3,800
This was the fourth consecutive quarter of a decline in LFL growth for the pizza market leader
Jubilant Foodworks is rebranding Domino's and now has a new tagline, "It happens only with pizza" as it looks to tap the younger audience
Jubilant Foodworks Ltd on Tuesday said it plans to acquire an additional 51.16 per cent stake in DP Eurasia NV, the exclusive master franchisee of the Domino's Pizza brand in Turkey, Azerbaijan and Georgia, through a subsidiary for a consideration of up to EUR 73.36 million (nearly Rs 670 crore). Jubilant Foodworks Netherlands B.V (JFN), the company's wholly-owned arm holds 48.84 per cent ordinary shares of DP Eurasia -- which is the largest pizza delivery company in Turkey, Jubilant Foodworks Ltd (JFL) said in a regulatory filing. JFN proposes to acquire, through any permissible mode including open offer, market purchase, the entire issued and outstanding ordinary share capital of DP Eurasia NV not already held by it at a price of up to 85 pence per share from existing shareholders of DP Eurasia, the filing added. "Aggregate purchase consideration shall be up to EUR 73.36 million approximately," it said adding it would be an all-cash consideration. DP Eurasia, together with its ..
Some brokerages have downgraded its ratings, and this was accompanied by earnings revision by as much as 18 per cent.
What's also worrying the Street is the likelihood of a dismal Q2FY24 performance, which they feel will be marred by soaring milk, cheese and vegetable prices, and an embargo on Ukraine's wheat exports
Aggressive store expansion, new menu choices ought to boost growth for QSR
Firm says overall aim is to ensure delivery of hotter, fresher and tastier pizza without compromising food quality and safety and well-being of delivery riders
This was owing to uptick in demand across all formats
Jubilant FoodWorks Ltd, which runs the Domino's Pizza chain of restaurants in India, reported a near 10% jump in second-quarter profit on Tuesday, as people dined out more
A day after a Mumbaikar tweeted photos of glass shards allegedly found in a Domino's pizza to the Mumbai police Twitter handle, the company ordered a probe into the incident
Jubilant Foodworks, Domino's Pizza master franchisee for Indian operations, has accelerated its pace of network expansion in the country and is bullish about its medium-term market potential in India. "The company's present assessment of the medium-term market potential in India is 3,000 stores. Accordingly, the company has systematically strengthened its business development capabilities and as a result, has now significantly accelerated the pace of network expansion...," according to the company's latest annual report. During the financial year 2021-22, Jubilant Foodworks has crossed the 1,500th Domino's store milestone in India, the only Domino's market outside the USA to have achieved this feat, it said. The company is strategically expanding the restaurant network of Domino's. It added 230 new stores during the financial year ended on March 31, 2022. "The company increases its reach primarily by entering new cities and fortressing its existing markets," it added. Moreover, dur
The US chain entered Italy in 2015 through a franchising agreement with ePizza SpA and planned to distinguish itself by providing a structured national delivery service