New offerings boost for Jubilant FoodWorks

Analysts expect policies by the new management will sustain same-store sales growth, while prudence in store expansion will help control costs

The stock of Jubiliant FoodWorks gained over 4 per cent trade on Friday and hit a fresh 52-week after a series of upgrades and outperform ratings by foreign and domestic brokerages. Analysts are bullish on the stock on expectations that the policies by the new management will lead to a sustained same store sales growth in the coming quarters while being prudent with store expansion will help control costs. After a few quarters of lackluster performance, the company which offers its products through the Domino's Pizza and Dunkin' Donuts franchise had posted strong results in the June quarter pushing revenues