Oct 14, 2015 01:56 PM IST
Shares of Jubilant Foodworks were down 7 percent since Yum! Brandsreported Q3CY15 results on October 6. Goldman Sachs believes the correction was due to increased concerns on same-stores-sales growth (SSSG) after Yum! reported negative 18 percent SSSG in India.
- Oct 13, 2015 01:20 PM IST
Edelweiss has come out with its report on retail sector. The research firm expects Jubilant Foodworks (JFL)‘s SSG to remain challenging over the medium term, it is likely to gradually recover in FY16. The JFL stock is likely to outperform with prices of key raw materials (cheese, chicken) being benign, says the report.
- Oct 09, 2015 10:34 AM IST
KFC and Chili's restaurants also will begin accepting Apple Pay in 2016, she said at the Re/code technology conference in Half Moon Bay, California.
- Oct 07, 2015 01:30 PM IST
Jubilant Foodworks saw a 4 percent fall intraday on Yum Brands' weak same-store sales growth.
- Oct 07, 2015 11:43 AM IST
Yum! Brands India division sales fell 9 percent on an annual basis while same-store sales growth SSG for 3 brands (KFC, Pizza Hut, Taco Bell) declined by 18 percent from a fall of 4 percent year-on-year. Its operating loss in India in Q3 was up around 2.6 times at USD 8 million versus USD 3 million.
- Jun 26, 2015 08:56 PM IST
Reacting to claims of a Hyderabad-based NGO which alleged that the company's products contained harmful pathogens-- salmonella and E.Coli bacteria--KFC said that it was a case of "malicious intent" on the part of some individuals.
- Jun 02, 2015 09:03 AM IST
Yum Brands Inc's KFC unit in China said on Monday it has sued three companies it claims are using a popular messaging service to spread false rumours about the fried-chicken chain, including allegations that its chickens have six wings and eight legs.
- Feb 10, 2015 08:28 AM IST
The burger chain is known globally for the consistency of its food, down to the thickness of fries or the amount of cheese on burgers, and changes run the risk of upsetting customers who expect the same taste on every visit, everywhere.
- Oct 09, 2014 06:59 PM IST
The sources said the Singapore state investor would use 1 billion rupees to purchase part of a holding in Devyani by ICICI Venture, the private equity arm of ICICI Bank.
- Mar 10, 2014 06:32 PM IST
The business-to-business (B2B) company aims to set up another plant in Mumbai and one innovative centre each in Bangalore and Delhi, he said without elaborating further.
- Nov 21, 2013 09:50 AM IST
The reorganisation will be effective from January 1 and beginning fiscal year 2014, the company will report results for KFC, Pizza Hut and Taco Bell and for its China and India divisions.
- Aug 26, 2013 01:46 PM IST
The Original Recipe of Kentucky Fried Chicken is one of the most famous trade secrets of the food industry
- Aug 05, 2013 11:50 AM IST
McDonald's is making a late entry into this market, where Yum Brands Inc already has dozens of Pizza Hut and KFC outlets and Burger King Worldwide Inc has 15 restaurants. Even Starbucks Corp debuted in Ho Chi Minh City in February and opened its second branch last week.
- Jul 06, 2013 04:39 PM IST
"The media environment here has absolutely changed. Social media has revolutionised what companies do in a crisis situation," said Kent Kedl, in charge of Greater China and North Asia for risk consultancy firm Control Risks.
- May 04, 2013 12:42 PM IST
The competition between old rivals DLF and Unitech is going to get fiercer. Both are opening malls bang opposite each other in sector 18, Noida, the area‘s retail hotspot. There is a mall here developed by the deceased liquor baron Ponty Chadha‘s Wave Group.
- Jan 10, 2013 03:04 PM IST
Fast-food chain KFC's parent Yum Brands Inc apologised to customers in China over its handling of a recent food scare that has hit the company's sales in its biggest market.
- Jul 25, 2012 09:53 PM IST
The slowdown in mall construction across the country has put retailers and food chain operators in a fix. With more than 30% of mall supply that was expected to become available in the first half of 2012 being delayed, retailers and hoteliers are seeing their expansion plans take a hit reports CNBC-TV18's Farah Bookwala.
- Dec 01, 2011 10:33 PM IST
Investors might have lost their appetite for Italian bonds, but Italian cuisine is still the flavour of the season. And that's what US based AmRest Holdings is betting on as it gets ready to launch a chain of fine dining Italian restaurants in India, reports CNBC-TV18's Ashmit Kumar.
- Jun 30, 2011 05:27 PM IST
McDonald's Corp, Burger King, KFC and Taco Bell are the biggest US fast-food chains, but they lag smaller rivals like In-N-Out Burger and Chick-fil-A when it comes to taste, according to a new survey released on Thursday by Consumer Reports.