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Q3 (2015-16) : Jubilant FoodWorks same store sales growth up 2%
Posted On: 12-02-2016 00:00:00 16

As per an article in Economic Times :

Jubilant FoodWorks, franchisee for Domino's Pizza and Dunkin Donuts has reported 9.3% decline in net profit at Rs 31.74 crore for the third quarter ended December 31, 2015, which it attributed to higher expenses and employee benefits.

Same store sales in the quarter grew just 2% indicating continued softness in consumption of western style foods while net sales during the period under review went up 14.4% at Rs 633.76 crore.

In the third quarter, the food retailer set up 40 new Domino's Pizza and four Dunkin' Donuts stores.

 
 
 

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