PL Capital's channel checks indicate that industry footfalls in the third quarter have not matched initial projections, with limited evidence of incremental spending benefits from tax changes.
GST 2.0 reforms may boost QSR demand as tax rates fall. Analysts see Jubilant FoodWorks, RBA, Devyani International, and Sapphire Foods gaining the most
Restaurant Brands Asia shares rose 5 per cent after its June-quarter loss narrowed compared to the same period last year