Page 2 - Domino's Pizza

Muted demand environment to hit Jubilant FoodWorks' near term earnings

This was the fourth consecutive quarter of a decline in LFL growth for the pizza market leader

Domino's Pizza loyalty program revamp, tie-up with Uber Eats drive up sales

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

Vegetarian KFC to open in Ayodhya, government ready to offer space

A full "vegetarian KFC" to open in Ayodhya as the government is ready to offer space. Tourism has surged in the state after the inauguration of the Ram Temple

Jubilant Foodworks Q3 results: Profit falls to Rs 65 crore on muted demand

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

Inflationary pressures to continue in short-medium term: Jubilant Foods

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 appoints Suman Hegde as exec VP, chief financial officer

Jubilant FoodWorks, master franchisee of Domino's Pizza and Dunkin' Donuts, on Tuesday announced the appointment of Suman Hegde as the Executive Vice President and Chief Financial Officer of the company. The board of JFL, in its meeting held on Tuesday, approved the appointment of Hedge, who is presently working with the leading FMCG maker Hindustan Unilever as Vice President of Finance Beauty, Wellbeing & Personal Care, South Asia. Hedge's appointment is effective from March 1, 2024, said a statement from JFL, which is also a master franchisee of leading QSR brands such as Fried Chicken brand Popeyes and Hong's Kitchen. Commenting on the development, JFL CEO & MD Sameer Khetarpal said: "As a leader, she brings high-quality experience in customer-first thinking, ability to partner with businesses and lead high-performing teams. The appointment is in line with the company's strategic priority of building a solid yet diverse foundation of people and culture." Hedge has over 20 .

Improvement in Q3 key to reversal of Jubilant FoodWorks' fortunes

Some brokerages have downgraded its ratings, and this was accompanied by earnings revision by as much as 18 per cent.

Why people are not loving Domino's anymore?

According to a report Domino's is currently facing intense competition from smaller and newer rivals such as Tossin, GoPizza, Leo's Pizzeria, MojoPizza, Ovenstory, and La Pino'z

Rising costs eat away KFC operator Sapphire Foods India's Q1 profit

India is reeling under rising prices of essentials as rains have disrupted supplies, with companies including Domino's flagship inflation-buster Rs 49 pizza being re-engineered by cutting price

Inflation bites off Jubilant Food's Q1 profit; analysts serve earnings cut

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

Domino's Pizza misses revenue estimates as higher prices dent demand

Total revenue fell 3.8% to $1.02 billion in the three months ended June 18, compared with analysts' estimate of $1.07 billion, according to Refinitiv IBES data

World's cheapest Domino's pizza is in inflation-hit India, costs just $0.60

The 49-rupee ($0.60) pizza in India, Domino's No.1 market outside America, is the tip of the spear in its fight against rampant inflation that's squeezing profits and pricing out many customers

Jubilant FoodWorks to invest Rs 750 cr in FY23 towards capital expenditure

Jubilant FoodWorks, which operates the Domino's Pizza brand in India, plans to invest Rs 750 crore towards capital expenditure this fiscal to be spent for opening around 220 outlets and others. Sameer Khetarpal, MD and CEO of Jubilant FoodWorks, said the pizza-chain plans to open 30 to 35 Popeyes restaurants in the current financial year to take the store count to 50. Currently, the number is 18. In a year we are investing about Rs 200 to Rs 250 crore in building new factories and we are investing about Rs 500 crore in stores. Roughly Rs 700 crore to Rs 750 per annum on capital expenditure. This year we plan to open 200 to 220 Domino's and 32 to 35 Popeyes, he told PTI. Jubilant FoodWorks holds the exclusive master franchise rights from Domino's Pizza Inc. to develop and operate the Domino's Pizza brand in India, Sri Lanka, Bangladesh, and Nepal. However, the operations in Nepal are yet to start. Currently, the company runs a network of over 1800 Domino's restaurants across 393 ..

Domino's Pizza signs deal with Uber Eats in bid to make more dough

Domino's Pizza said on Wednesday it's partnering with Uber Eats to make deliveries in the US and 27 international markets. It's a major reversal for the world's largest pizza company, which has long said that working with third-party apps didn't make economic sense because it employs its own drivers. Under the agreement, Domino's drivers will still make the deliveries that customers order via Uber Eats. Ann Arbor, Michigan-based Domino's wouldn't say what percentage Uber Eats will take from each order. The partnership will be piloted in four US markets starting this fall and is expected to be available nationwide by the end of 2023, Domino's said. Domino's CEO Russell Weiner said in a statement that third-party delivery operators have reached such a large scale that it makes sense for Domino's to partner with them. Weiner said Uber Eats will provide access to new customers for Domino's. The company has been struggling with higher food costs, labour shortages and increasing compe

Jubilant FoodWorks gearing up to launch Domino's for ONDC debut

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.

Domino's Pizza beats quarterly sales estimate on price hikes, steady demand

Shares of the company rose about 5% in premarket trade

20-min pizza delivery promise by Domino's gets stuck in traffic, kitchen

As Domino's faces the 20-minute delivery challenge in Bengaluru, announces launch of service in other metros in 12 months

Domino's Pizza launches 20-min delivery in Bengaluru, will expand service

Company says delivery drivers don't overspeed and its technology will ensure safety

Domino's targets 20-minute delivery across metro cities in next 12 months

Domino's 20-minute delivery is available at 170 stores across Bengaluru

Domino's Pizza launches breakthrough 20-minute delivery in Bengaluru

The firm has achieved this by enhancing in-store process improvements, upgrading technology, and expanding its store network