Qsr

Eternal vs Swiggy: Tech charts favour this stock, hint up to 21% upside

Eternal is seen trading in a tight range of ₹220 - ₹247, with strong support seen around ₹218 levels; Chart hints at a likely positive bias for this stock; while Swiggy may face downward pressure.

QSRs eye a bigger bite of FMCG pie, firms speed up expansion plans

Packaged foods become QSRs' new flavour; retail shelves and exports open up

Jubilant Foods aims 3,000 Domino's stores, 250 Popeyes outlets in 3 years

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 bets on QSR, jewellery sectors post Q3, picks Jubilant, Titan, Trent

Nuvama has picked Jubilant, Trent, V-Mart, Titan, and Aditya Vision as its top bets going forward, highlighting their strong performances and promising outlook

QSR chains' sales recovery: The main course with a side of optimism

Plating a comeback: QSR stocks ready to break their six-month diet of negative returns

Jubilant Food, Devyani: Will Budget-led consumption boost pop their stocks?

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.

CLSA, UBS upbeat on Consumer Durables stocks post-Budget 2025; details here

Havells rallied as much as 6.53 per cent to hit an intraday high of Rs 1,669 per share, while Voltas zoomed 5.55 per cent to hit an intraday high of Rs 1,331

Bikaji to acquire majority stake in Hazelnut Factory for Rs 131 crore

This investment will be made in tranches and is expected to be completed over the next two years

Coffee Day, Barbeque-Nation: No long queues yet to buy restaurant stocks

Thus far in 2024, stocks such as Coffee Day Enterprises, Speciality Restaurants, Barbeque-Nation Hospitality, Restaurant Brands Asia and Westlife Foodworld have lost up to 42%, shows ACE Equity data.

QSR sales struggle as Zomato, Swiggy's expansion fragments market share

The widespread expansion of food delivery has provided consumers with more dining choices, leading to fragmented sales and further weakening the already struggling daily sales within the QSR sector

Turning the tables: How quick service restaurants are tackling slowdown

While high levels of food inflation continue to impact raw material prices, lingering effects of inflation are making consumers pull back on discretionary spends, lending to the sector's slowdown

Jubilant FoodWorks Q4: Net profit jumps seven-fold to Rs 208 crore

Its revenue from operations rose 23.85 per cent to Rs 1,572.79 crore during the quarter. It was Rs 1,269.84 crore in the year-ago period, it added

Sapphire Foods Q4 results: PAT declines 98% to Rs 2.39 cr on slow demand

The Yum Brands franchisee's consolidated net profit fell 98% to Rs 2.39 crore ($286,271.4) for the quarter ended March 31, marking its fourth straight quarterly profit fall

Jubilant Foods expects Rs 1,000 crore in sales from Popeyes, says CEO

QSR chain operator Jubilant Foods Ltd (JFL) expects its fried chicken brand Popeyes to cross Rs 1,000 crore in sales in the next 3-4 years, its CEO and MD Sameer Khetarpal said on Wednesday. Besides, JFL, which is also a master franchisor of Domino's, is expanding its reach and is expected to have around 3,000 outlets in the medium term. The company is going to "rapidly expand across" its QSR brands, with a key focus on Domino's as India is a "very rapidly expanding market" with more discretionary income, and urbanisation led by its growing economy. When asked about its latest addition Popeyes, Khetarpal said: "We have got an outstanding response from Popeyes as a brand here." JFL, which opened its first store in Delhi on Wednesday and its 33rd store pan-India, has plans to add four more stores in the national capital region next week. "We are rapidly expanding and Popeyes will be the fastest QSR chain to get Rs 1,000 crore in sales," Khetarpal told PTI. Typically, a QSR chain ta

QSR chain Wow! Momo Foods aims to double revenues in the next 30 months

The round will provide partial exits to initial investors Indian Angel Network and Lighthouse Funds. Daryani also mentioned that about Rs 180-190 crore was for the primary funding of the business

Burger King owner to take full control of Carrols Restaurant in $1 bn deal

Restaurant Brands will take full control of Carrols Restaurant Group in a deal that values the largest Burger King franchise in the U.S at about $1 billion, the company said on Tuesday

Restaurants' body seeks restoration of ITC, higher GST rate of 12%

The National Restaurant Association of India on Monday urged the government to restore input tax credit to restaurants while increasing the GST rate to 12 per cent from the current 5 per cent, ahead of the upcoming Union Budget. In a letter to Finance Minister Nirmala Sitharaman, the National Restaurant Association of India (NRAI) also called for an equitable and fair e-commerce policy, saying balanced policies and regulations are required to enable a level playing field, where platforms can continue to innovate, while restaurants, delivery partners and consumers are protected from potentially exploitative practices. The restaurant industry was one of the sectors that suffered the most during the pandemic but showed great resilience to survive and has since been on a steady path of recovery. If the sector gets a certain amount of policy and budgetary support in the upcoming Budget, it will propel the sector towards an accelerated pace of growth, NRAI said in a statement. Seeking ...

Serving up a slump: QSR players grapple with a side of demand downturn

Margin pressures could remain as sales dip and cost inflation take a bite

Third Wave Coffee raises $35 mn in series C funding round led by Creaegis

Third Wave Coffee is present in several major Indian cities, including Bangalore, Mumbai, Delhi, Gurgaon, Pune, Hyderabad, Noida, Coonoor, and Chandigarh

Weak demand may cap Jubilant FoodWorks rally, it rose 14% from july low

HDFC Securities expects similar weak trends for the September quarter, noting signs of stress in demand even in Tier-II and Tier-III cities