Page 3 - Domino's Pizza

Jubilant Foodworks plans to invest Rs 900 crore in India in 12-18 months

Out of the total CAPEX, Rs 500 crore to Rs 600 crore will be funded towards stores

Domino's Pizza Inc to take learnings from India to global markets: CEO

Domino's Pizza Inc is looking up to India's digital leadership and take learnings from the country to its other global markets for quicker delivery of its products, the company's global CEO Russell Weiner said on Tuesday. The company, which operates in India through its master franchise Jubilant Foodworks Ltd, on Tuesday launched 20-minute delivery for its pizzas to consumers across 20 zones in the country. "When I look at markets around the world, and their command of digital, India is a leader in two ways. One is digital for the customer, different ways for customers to order, but also how they're using technology back of house, to drive efficiencies," Weiner told PTI in an interview. He further said, "The reason we can do in Domino's India, even talk about doing 20 minutes (delivery) is because of all the technology and all the back of house efficiencies. It's about the algorithms that have led to store density that allows us to do that." When asked what sort of learnings the ..

Domino's launches 20-minute deliveries across as many zones in India

Firm says overall aim is to ensure delivery of hotter, fresher and tastier pizza without compromising food quality and safety and well-being of delivery riders

Amazon to pull down shutters in food-delivery business in India on Dec 29

Amazon Food had onboarded 3,000 partners including QSR brands such as McDonald's and Domino's Pizza; some 25 people working on the project have all have been absorbed by the company

Jubilant Foodworks to set up subsidiary in Nepal for Domino's Pizza biz

Food services company Jubilant Foodworks has received approval of its board to set up a subsidiary to run Domino's Pizza business in Nepal, the company said on Monday. The subsidiary will be set up under Jubilant FoodWorks International Luxembourg. "The Board of Directors of Jubilant FoodWorks International Luxembourg, a step down wholly owned subsidiary of the Company on November 21, 2022 has inter-alia approved the incorporation of a wholly owned subsidiary company in Nepal," the company said in a regulatory filing. The company has not yet decided the name of the subsidiary. "Nepal Subsidiary shall have the exclusive right to develop and operate Domino's Pizza stores in the territory of Nepal," the filing said.

Jubilant FoodWorks net rises 10% in July-Sept quarter on high demand

This was owing to uptick in demand across all formats

Mumbai: Pizza with glass shards 'topping' - Domino's orders probe

A day after a Mumbaikar tweeted photos of glass shards allegedly found in a Domino's pizza to the Mumbai police Twitter handle, the company ordered a probe into the incident

Delhi HC restrains Dominick Pizza from copying Domino's brand name

Domino's had sought the protection of its mark 'Domino's Pizza', its device mark, and logo

Jubilant Foodworks bullish about medium-term market potential in India

Jubilant Foodworks, Domino's Pizza master franchisee for Indian operations, has accelerated its pace of network expansion in the country and is bullish about its medium-term market potential in India. "The company's present assessment of the medium-term market potential in India is 3,000 stores. Accordingly, the company has systematically strengthened its business development capabilities and as a result, has now significantly accelerated the pace of network expansion...," according to the company's latest annual report. During the financial year 2021-22, Jubilant Foodworks has crossed the 1,500th Domino's store milestone in India, the only Domino's market outside the USA to have achieved this feat, it said. The company is strategically expanding the restaurant network of Domino's. It added 230 new stores during the financial year ended on March 31, 2022. "The company increases its reach primarily by entering new cities and fortressing its existing markets," it added. Moreover, dur

Domino's Pizza quits Italy after 7 years as locals shun American pies

The US chain entered Italy in 2015 through a franchising agreement with ePizza SpA and planned to distinguish itself by providing a structured national delivery service

Jubilant FoodWorks' Q1 net profit rises 63% to Rs 113 cr; revenue up 41%

Jubilant FoodWorks, operator of Domino's Pizza and Dunkin' Donuts, on Thursday reported a 63.01 per cent increase in its consolidated net profit at Rs 112.58 crore in the April-June quarter.

Zomato tanks 14%, hits new low as lock-in for pre-IPO investors ends

That apart, according to Reuters, Domino's Pizza India franchise to consider taking some of its business away from popular food delivery apps, Zomato and Swiggy, if their commissions rise further.

Domino's Pizza CEO Ritch Allison announces retirement as Q4 sales weaken

He will be replaced by Russell Weiner, 53, who is currently Domino's president and chief operating officer

Jubilant Foodworks Q2 net profit rises 58% to Rs 120 cr

Revenue from operations in the second quarter stood at Rs 1,116.19 cr as compared to Rs 816.33 cr in the corresponding period of the last fiscal year

Domino's ties up with Revolt Motors to convert petrol bike fleet into EVs

Domino's piloted Revolt bikes for its deliveries for quite some time now

Domino's posts upbeat profit, revenue as new menu items boost sales

Domino's is one of the biggest beneficiaries of the pandemic-induced lockdowns

Jubilant FoodWorks surges 9%, hits record high on strong growth outlook

With vaccinations well under way, the management believes that the worst is behind them and is confident of delivering strong, sustained growth in the periods ahead

Jubilant Foodworks back in black in Q1, posts net profit of Rs 69 cr

Jubilant Foodworks reported a consolidated net profit of Rs 69.06 crore in the first quarter ended June 30, aided by higher revenues despite the second wave of COVID-19 disrupting operations.

Jubilant FoodWorks shares close nearly 2% higher after Q4 earnings

This comes after the company reported over three fold jump in its consolidated net profit for the fourth quarter

Jubilant FoodWorks rallies 5%, hits record high post Q4 results

The company witnessed around 90 per cent recovery in both April and May versus pre-COVID levels, despite dine-in being minimal