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Jubilant pulls ahead of KFC, McDonald's as Q4 earnings near
Hindustan Times West UP
|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.
Dit verhaal komt uit de May 06, 2025-editie van Hindustan Times West UP.
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