Jubilant Foodworks master franchisee of Dominos Pizza and Dunkin Donuts in India reported healthy 42% YoY revenue growth in 2QFY13. Company highlighted that consumer demand has seen a healthy pick-up since Sept-12. Same store sales growth came in at 20%. Online and mobile ordering platforms have been well accepted by the consumers reflected in the fact that 14% of delivery orders were made online.
The management told us that they have hiked the prices by 3% in November and is unlikely (more…)