QSR - Fishing Time?
Global QSR giants entered India and China in the 90s with high hope of massive store network potential, thanks to two large populous hubs
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Consumer Sector Update: Restructured Food Services Industry Looking at Good Potential Going Ahead
Consumer Sector Update Expert Meeting Update Restructured Food Services industry looking at good potential going ahead We recently hosted...
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Devyani International (3QFY25): Relatively Softer Vs Closest Peers. Maintain REDUCE
Devyani Internationalās (largest franchisee operator for KFC and Pizza Hut) 3QFY25 results were broadly in line with our estimates as core brands...
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Devyani International - Near-Term Weakness Compels Us to Retain REDUCE
India growth was modest at ~6% in Q2, mainly led by store adds, as KFC/PH India SSG fell 6-7% on weak demand and negative sentiment in a few...
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Devyani International (2QFY25): One More Quarter of Disappointing Performance.
It saw muted 7% system sales growth owing to persistent pressure in core brands of KFC and Pizza Hut, which saw mid to high single digit decline.
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