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
Nuvama has picked Jubilant, Trent, V-Mart, Titan, and Aditya Vision as its top bets going forward, highlighting their strong performances and promising outlook
As per the MoU, a master agreement will be executed between the parties, effective from April 1
Last month, the company said it was expecting to open 50 to 60 new stores in 2024 fiscal, and was on track to open its 1,400th store in the next year
The investments were disclosed in a US Securities and Exchange Commission filing detailing Berkshire's US-listed investments as of Sept 30
Echo Law on its website said the class action was in relation to a Domino's announcement made on Nov. 3, 2021
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
With 2,000 outlets in 421 cities, chain shifts focus to dine-in
Domino's initiated a lawsuit for trademark infringement against 13 restaurants operating names such as 'Dominic Pizza', 'and Dominek's Pizza', among others
Of the total net proceeds, the company aims to use Rs 24.11 crore for setting up a manufacturing facility in Mohali and the remaining amount for general corporate purposes
Shares of the company were up nearly 6% in premarket trade, as it also raised its quarterly dividend by 25% to $1.51 per share and announced an additional $1 billion share buyback plan
The company had posted a consolidated net profit of Rs 80.36 crore in the year-ago period, Jubilant Foodworks Ltd (JFL) said in a regulatory filing
For Dhanteras, customers can get 5% Cashback on Jewelry purchases using AU Credit Card.
Seeking about Rs 30,000 crore in taxes for the FY11-FY15 period, these notices were sent by the tax authorities in the last six months
Its area countries include Nepal, Bangladesh, Sri Lanka and Maldives
Companies like McDonald's, Biryani Blues, and Wow! Momo, among others, have already joined or are in the process of doing so on ONDC, according to industry sources.
Downloads of food delivery apps like Zomato, Swiggy, Domino's, etc. have gone up in April over February
Shares of the company rose about 5% in premarket trade
Aggressive store expansion, new menu choices ought to boost growth for QSR