Delivery business outperforms; focus on network expansion
Company
12 Aug 2024 | 5 Min Read
Jubilant FoodWorks reported sales growth of 10% YoY to INR14.4b
Dominos LFL was 3% and same store sales are turning positive
Delivery business outperformed, growing 16% YoY and improving the share to 69%
The store expansion spree for Dominos and other brands will continue
Gross margin was up marginally, while EBITDA margin contracted
PBT declined 33% YoY, and margin came in at 4.7% in 1QFY25.