Aggressive expansion plans may keep Domino's growth rates strong

New formats of chicken, biryani and Chinese offer incremental opportunities

Topics
Jubilant FoodWorks  | Domino's | growth

Ram Prasad Sahu 

Jubilant FoodWorks March quarter results missed the street estimates both on topline growth as well as profitability. The stock, however, gained about 2 per cent in a weak market as management commentary on expansion highlighted the scope for growth.

Further, the company’s portfolio expansion into new categories would help diversify its presence in key categories and aid in incremental growth. Though its sales growth of over 14 per cent on the back of 11.8 per cent same store sales growth and addition of new stores missed estimates, it was better than peers Westlife Development ...

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, June 16 2021. 19:19 IST
RECOMMENDED FOR YOU