How Devyani Int. of Pizza Hut dodges high inflation
2 years, 3 months ago

How Devyani Int. of Pizza Hut dodges high inflation

Live Mint  

Devyani International Ltd, the largest franchisee partner for YUM! One of its three core brands, Pizza Hut, has introduced the Flavour Fun range of pizzas starting at ₹79 to make their offering a value for money product. View Full Image On track “Risk for Devyani International emerges from a further rise in prices of raw materials, as this could hurt gross margins pushing the company to take further price hikes across product portfolios," said Sachin Bobade, vice president, research, Dolat Capital Market. “With the introduction of the Flavour Fun range, Pizza Hut has bridged a key menu gap," points out Edelweiss Securities Ltd. In Q1FY23, both KFC and Pizza Hut saw robust improvement in their respective same-store sales growth with store counts rising sequentially and year-on-year.

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KFC, Pizza Hut operator adds fresh brands to menu to beat demand blues
1 month, 1 week ago

KFC, Pizza Hut operator adds fresh brands to menu to beat demand blues

Live Mint  

Devyani International Ltd continues to battle weak consumption demand, especially in urban areas. Same-store sales dropped 6-7% last quarter in key brands KFC and Pizza Hut. While Devyani continues to expand KFC and Pizza Hut franchises in non-metro and tier-2 cities, it is finding it difficult to boost sales commensurately. However, India revenue was up 7% year-on-year, despite a 20% …

Devyani's domestic struggles continue as it integrates Thai acquisition
7 months, 1 week ago

Devyani's domestic struggles continue as it integrates Thai acquisition

Live Mint  

Devyani International Ltd’s March-quarter results were adversely affected by muted growth in the Indian market. KFC and Pizza Hut – Devyani's mainstays in India, accounting for more than 60% of total revenue – continued to struggle in Q4 amid lower disposable incomes, weak consumer sentiment, and increased competition for Pizza Hut. The pace of decline worsened in the past quarter, …

After rough Q2, Devyani International awaits demand rebound
1 year, 1 month ago

After rough Q2, Devyani International awaits demand rebound

Live Mint  

At a time of slowing demand, store closures and lowered sales growth guidance are like cautionary road signs for investors in shares of quick service restaurant operators. View Full Image Same-store sales performance of Devyani’s core brands KFC and Pizza Hut has been subdued in recent quarters. In the September quarter, KFC and Pizza Hut same store sales fell by …

Domino's Vs Pizza Hut: Inflation In India Prompts Companies To Focus On Cheapest Pizzas
1 year, 5 months ago

Domino's Vs Pizza Hut: Inflation In India Prompts Companies To Focus On Cheapest Pizzas

News 18  

How does the world’s biggest pizza brand respond to high inflation in the world’s most populous nation? The company wants to “own that price point”, said Sameer Khetarpal, confirming the stripped down, seven-inch cheese pizza with a “sprinkle” of basil and parsley is Domino’s cheapest anywhere. Khetarpal, whose Jubilant FoodWorks runs Domino’s 1,816 outlets in the country, says he holds …

Inflation bites into KFC operator Devyani International’s Q2 margins
2 years, 1 month ago

Inflation bites into KFC operator Devyani International’s Q2 margins

Live Mint  

Devyani International Ltd, the largest franchisee partner for YUM! In Q2, Devyani added 88 net new stores, its ‘highest ever,’ taking the total store count to 1,096. Understandably, sequential growth was soft at 4% despite 8% store additions as consumers shied away from consumption of non-vegetarian food due to 'Shravan' month and ‘Navratra.’ Overall, same store sales growth was healthy …

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