UBS expects consumer sector to rebound in fiscal 2025-26 (FY26). Prefers Hindustan Unilever (HUL), Britannia, GCPL, Colgate, Trent and others; suggests selling Asian Paints, Dabur
NSE derivatives data shows that FIIs are least bearish since December 13; DIIs most bullish in more than a year, while retail investors have turned cautious.
The company has started seeing tailwinds in both deliveries and dine-in, with like-for-like (LFL) sales growing by 12.5 per cent year-on-year
Leading QSR chain operator Jubilant Foods is looking to expand its pizza chain Domino's presence to 3,000 stores and around 250 outlets of US-based Fried Chicken brand Popeyes over the next three years, its CEO and MD Sameer Khetarpal said on Thursday. The Jubilant Bhartia Group company is focusing on smaller tier III towns and entering into new markets for Domino's. For Popeyes, it will focus on metro and tier II cities. "We will be growing in both brands. I think, our focus and priority is Popeyes. We believe Popeyes will grow faster than the other brands," Khetarpal told PTI. Currently, Jubilant Foods Ltd (JFL) operates around 2,100 Domino's outlets, the second largest network of the US-based multinational pizza restaurant chain globally. For Popeyes, Khetarpal said JFL is currently operating around 60 stores and will keep on adding up to 50 stores every year and have nearly 200 to 250 stores over the three years. "We go tier I, tier II for sure like we already are present in
Outlook on Jubilant Foodworks, Westlife Foodworld and other 3 restaurant stocks: Technical charts suggest these 3 can gain up to 26% from here one, while the other 2 could extend the fall.
The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable, and see the Sensex at 93,000 levels by December 2025 - up 25 per cent from the current levels as their base case.
Despite the optimism surrounding growth, many brokerages are concerned about Jubilant FoodWorks' margin outlook
Jubilant Bhartia Group Chairman Shyam S Bhartia has denied allegations of sexual assault, saying he will cooperate with the investigating agency, a regulatory filing said on Tuesday. Terming the allegations in the FIR as "baseless, false and disparaging", Jubilant FoodWorks Ltd (JFL) filing, quoting Bhartia, said it was made with a "clear malafide intent against him". According to a section of the media, rape and money fraud allegations were levelled by a Bollywood actress, whose name has not been revealed, against Bhartia and his one associate. "... the Company has received a statement from Mr Shyam S Bhartia, Chairman, Jubilant Bhartia Group, in his personal capacity, where he denies all the allegations as they are baseless, false and disparaging, and made with clear malafide intent against him," said JFL, which operates fast-food chains - Domino's Pizza and Dunkin' Donuts. It further said the order of the Bombay High Court specifically states that the police shall investigate th
Jubilant FoodWorks share price surged as the company posted robust performance in Q3 given the current state of QSR chains
Jubilant reported profit of Rs 42.91 crore ($4.94 million) for the quarter ended December 31, compared to a year-ago profit of Rs 65.709 crore
Banking sources said the group is exploring the prospect of issuing debentures
Shares of Restaurant Brands Asia, Westlife Foodworld, Sapphire Foods India, Jubilant Foodworks and Devyani International can rally up to 15% from present levels, suggest technical charts.
Jubilant FoodWorks share: Jubilant FoodWorks owns brands like Domino's Pizza, Popeyes, Dunkin' Donuts, and Hong's Kitchen
Jubilant FoodWorks Ltd on Monday said it estimates a 56.2 per cent growth in consolidated revenue from operations at Rs 2,153.2 crore in the third quarter of the ongoing fiscal, compared to the year-ago period. In its quarterly update, the company, which operates popular fast food chains such as Domino's, Popeyes and Dunkin, said the provisional standalone revenue from operations in the third quarter was at Rs 1,611.1 crore, higher by 18.9 per cent year-on-year. On a like-for-like (LFL) basis, Domino's India growth was at 12.5 per cent and the same for Turkey was down 3.2 per cent, Jubilant FoodWorks Ltd (JFL) said in a regulatory filing. As of October-December quarter end, the JFL Group network reached 3,260 stores, with a net addition of 130 stores during the quarter, it said. Domino's India opened 60 net new stores, ending the quarter with 2,139 stores, while Domino's Turkey opened 25 net new stores, ending the quarter with 738 stores, it added.
In Q3FY25, Domino's pizza chain operator Jubilant FoodWorks has reported a 56.2 per cent year-on-year growth in consolidated revenue from operations at Rs 2,153 crore
The company continues to outperform its peers even in a soft demand environment and analysts believe it will maintain its sales momentum even in the second half of FY25
The northward move in the Jubilant FoodWorks share came after the company said that it has signed a pact with Coca Cola India to purchase its portfolio of sparkling beverage products
Jubilant FoodWorks in its filing also said that the parent will acquire stakes through its entity Jubilant Beverages Limited
Shares of Jubilant FoodWorks dropped up to 4.1 per cent on the BSE in the early hours of trading on Thursday
The Jubilant Group's Bhartia family is investing Rs 5,000 crore and the remaining amount is being financed by Goldman Sachs, which has pledged to fund a special purpose vehicle for the deal