Devyani International (3QFY25): Relatively Softer Vs Closest Peers. Maintain REDUCE
Devyani International‘s (largest franchisee operator for KFC and Pizza Hut) 3QFY25 results were broadly in line with our estimates as core brands...
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Consumer (3QFY25 Results Preview): Challenges Persist
We expect our consumer coverage to report a high-single-digit revenue growth of 9% YoY, mainly driven by price hikes. At an aggregate level, we...
573 Views
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.
279 Views
Devyani International: One More Quarter of Disappointing Performance. Maintain REDUCE
Devyani’s (DIL) 1QFY25 results were below our estimates owing to persistent weakness in core brands (KFC and PH) and lower-than-expected...
233 Views