BUZZ-Domino's India operator rises; 'industry leading' sales growth overshadows margin decline
ReutersFeb 13, 2025 5:03 AM
Domino's India operator Jubilant Foodworks JUBI.NS rises 6.2% to 680.5 rupees after Q3 results
Stock on track to snap a 5-session losing streak
Co posts "industry leading" same store sales growth in Indian Domino's restaurants - Ambit Capital
Growth led by deliveries, where co has waived fees
Co expects 100 bps improvement in gross margins in next 2-3 quarters on discounts, packaging costs reduction
Co keeps prices stable on avg despite inflation, to focus on market share gains - Centrum Broking
Stock rated 'hold' on avg by 28 analysts; median PT 690 rupees - data compiled by LSEG
'Buy'-rated rival Sapphire Foods SAPI.NS reported higher Q3 profit but lower same sales growth at Pizza Hut India
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