PIZZA HUT FRANCHISE
Food delivery, quick commerce take a bite out of QSR sales: brokerage reports For the overall QSR industry, revenue growth for the final quarter of FY24 was at 9% on a year-on-year basis, down from 18% a year ago, while both same-store sales growth (SSSG) and average daily sales (ADS) declined, a report from brokerage firm BN...
28 May, 2024, 04.26 PM ISTDevyani International Q4 results: Company reports a loss of Rs 49 crore; revenue rises by 38% YoY Devyani International, India's largest Pizza Hut and KFC franchise, saw a net loss of Rs 49 crore for Q4 FY24, contrasting with a Rs 60 crore profit a year prior. Therevenue rose 38% while expenses surged by 32%.
14 May, 2024, 01.52 PM ISTSapphire Foods Q4 Results: Pizza Hut India operator misses profit view on slow demand The Yum Brands franchisee's consolidated net profit fell 98% to 23.9 million Indian rupees ($286,271.4) for the quarter ended March 31, from 1.36 billion rupees a year ago.
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Hunger games: Investors at the table with appetite for food startups Pizza Wings, Boba Bhai in funding talks as HNIs, angels and other backers show interest
12 Mar, 2024, 05.44 PM ISTCalifornia minimum wage spike initiates Pizza Hut franchise workforce cuts and delivery alterations Pizza Hut franchises in various California counties anticipate a $20 hourly minimum wage hike by 2024, foreseeing substantial job cuts, affecting around 2,000 workers across regions. This shift also marks the end of in-house delivery, redirecting se...
29 Dec, 2023, 07.01 PM ISTDomino's gaining share from local rivals, says CEO Russell Weiner "A large, fragmented category offers significant growth opportunity," Russell said in a presentation during the company's Global Investor Day on Thursday. Acknowledging the rise of regional rivals across all its markets worldwide, Domino's noted in ...
09 Dec, 2023, 12.35 AM ISTSnake pizza in Pizza Hut: Ingredients, where to buy - all you may want to know Snake pizza, which is being sold by Pizza Hut and long-established restaurant in Hong Kong, has generated quite a buzz.
09 Nov, 2023, 02.41 AM ISTPizza's long journey in India Himalayan Gourmet, a Peace Corps cookbook for Nepal has a pizza recipe with four ingredients: 'Any white bread recipe, Pizza sauce, Toppings, and Grated cheese'. It also suggests: "If you don't have an oven cook dough first like you would a pancake....
03 Nov, 2023, 11.09 PM ISTBurger King may end Pepsi tie-up, sign with rival Coke The alignment with Coca-Cola is expected to be formalised and announced by the end of next quarter, the executives said. Burger King has been associated with PepsiCo since it came to India in 2014. Once the potential deal is formalised, the top two ...
19 Sep, 2023, 12.31 AM ISTNot so finger lickin' good: Local competition, raw material costs hurt quick service As consumer preference for lower-priced products and regional brands continues to rise, large quick-service restaurant chains in India are localising their menus. KFC India and Burger King have increased focus on lower-price points starting at Rs 99.
18 Aug, 2023, 05.12 PM ISTPizza Hut to continue aggressive expansion spree, to focus on emerging smaller markets: Merrill Pereyra Leading Quick service restaurant chain Pizza Hut, which had doubled its store count in the country to over 820 in the last two years, will continue its "aggressive expansion spree" with a significant commitment to expand its presence in emerging sma...
16 Jul, 2023, 11.49 AM ISTCan Devyani's move to diversify help it get an edge over Sapphire Foods? DIL and SFIL operate the two common brands in India and at a few international locations. SFIL also operates one more brand exclusively in India, Sri Lanka and the Maldives — Taco Bell, also a YUM India brand. Devyani operates three brands under its...
19 Aug, 2022, 10.27 PM ISTStock Radar: Down 30% from highs! This restaurant stock could see a bounce back for a target of Rs 1,425: Shrikant Chouhan The company, with a market capitalisation of more than Rs 6,600 crore as of 29 June, hit a 52-week high of Rs 1,535 on 14 February 2022, but failed to hold on to the momentum. It closed at Rs 1,039 on 28 June 2022.
30 Jun, 2022, 07.00 AM ISTDevyani International IPO subscribed 116.71 times on Day 3 The IPO is being sold in Rs 86-90 price band. Last heard, the unlisted stock was commanding a grey market premium of Rs 64.
06 Aug, 2021, 09.42 PM IST4 IPOs going to leave you spoilt for choice: Should you go all in? They include Krsnaa Diagnostics, Devyani International, Exxaro Tiles and Windlas Biotech, which are going to raise close to Rs 3,614 crore between August 4 and 6.
03 Aug, 2021, 11.00 AM ISTSoft drinks production back to normal, says Pepsi bottler RJ Corp-owned Devyani International Ltd (DIL) operates one of the country’s single largest consumer facing groups PepsiCo’s entire bottling business, Yum Restaurants‘ brands KFC, Pizza Hut, TWG Tea parlours and food courts in airports and malls.
15 Jun, 2020, 12.46 PM ISTCreambell consolidating ops; reports of shut-down entirely false: RJ Corp Devyani Foods sells ice-cream under the Creambell franchise. “The company has decided to close one of the smaller facilities at Baddi while strengthening the other larger manufacturing plants. Reports that the ice-cream business is being shutdown ar...
18 May, 2020, 08.59 PM ISTKFC Q1 system sales decline 2%, Pizza Hut declines 6%: KFC India managing director Samir Menon said: “Subdued growth in March and softness is on account of the lockdown. We continue to operate around the ongoing Covid-19 pandemic with our delivery business only amidst the lockdown situation in the count...
29 Apr, 2020, 09.09 PM ISTKFC owner reports ‘exceptional quarter’, picks up stake in DIL Yum! Restaurants, Indian subsidiary of Yum! Brands, has picked up minority stake in its largest franchise partner RJ Corp-owned Devyani International (DIL), one of the first franchisees globally where the restaurant major has acquired equity stake. ...
10 Feb, 2020, 06.56 AM ISTTaco Bell names Burman Hospitality as exclusive national franchise partner So far, Taco Bell’s 35 stores in India were operated as a mix between Burman Hospitality and its own equity stores.
16 May, 2019, 10.45 AM IST