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Jubilant pulls ahead of KFC, McDonald's as Q4 earnings near
Hindustan Times Jaipur
|May 06, 2025
India's Jubilant FoodWorks' strong sales growth for the March quarter is set to outpace rivals whose franchisees are expected to report muted growth despite value-focused promotions, several analysts said.
Operators of US chains KFC, McDonald's and Burger King are likely to report a decline to mid-single-digit growth in same-store sales, as inflation-hit consumers cut back and local competition intensifies, according to six brokerages.
Jubilant, however, has already flagged a 12.1% increase in like-for-like sales in India in its quarterly update, which analysts say has benefited from its focus on online sales, discounts on third-party platforms, and a waiver of delivery fees on app orders.
Other franchisees have not issued sales updates. Sapphire kicks off earnings for the sector on Wednesday.
Denne historien er fra May 06, 2025-utgaven av Hindustan Times Jaipur.
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