financetom
Business
financetom
/
Business
/
Domino's India operator beats Q2 profit view on demand for cheaper items
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Domino's India operator beats Q2 profit view on demand for cheaper items
Nov 11, 2024 2:49 AM

Nov 11 (Reuters) - Jubilant FoodWorks, which

operates the Domino's Pizza brand in India, posted a

smaller-than-expected fall in second-quarter profit on Monday,

as cheaper menu items attracted budget-conscious customers.

Consolidated net profit fell to 640.5 million rupees ($7.59

million) for the quarter ended Sept. 30 from 972 million rupees

a year earlier.

Analysts had estimated 635.2 million rupees, according to

data compiled by LSEG.

($1 = 84.3550 Indian rupees)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Huron Consulting Group Insider Sold Shares Worth $1,243,802, According to a Recent SEC Filing
Huron Consulting Group Insider Sold Shares Worth $1,243,802, According to a Recent SEC Filing
Mar 14, 2025
10:26 AM EDT, 03/14/2025 (MT Newswires) -- James H Roth, Director, on March 12, 2025, sold 8,642 shares in Huron Consulting Group ( HURN ) for $1,243,802. Following the Form 4 filing with the SEC, Roth has control over a total of 68,776 common shares of the company, with 64,921 shares held directly and 3,855 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1289848/000128984825000074/xslF345X05/wk-form4_1741962133.xml...
Bank of America cuts 16 investment bankers in Hong Kong in global trim, sources say
Bank of America cuts 16 investment bankers in Hong Kong in global trim, sources say
Mar 14, 2025
HONG KONG, March 14 (Reuters) - Bank of America ( BAC ) has cut 16 bankers from its investment banking department in Hong Kong as part of global cuts to its dealmaking workforce, three sources with knowledge of the matter told Reuters on Friday. The reductions mainly targeted junior positions, said the sources, who asked not to be named as...
UK's Takeover Panel extends deadline for firm offer for Assura to April
UK's Takeover Panel extends deadline for firm offer for Assura to April
Mar 14, 2025
March 14 (Reuters) - Assura on Friday said Britain's Takeover Panel has extended the deadline for U.S. private equity group KKR and Stonepeak Partners to announce a firm offer to acquire the British healthcare real estate investment trust to April 11. The deadline, originally scheduled on Friday for KKR and Stonepeak Partners to make a firm offer or walk away,...
Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
Mar 14, 2025
Hedge funder Bill Ackman announced the sale of a portion of Pershing Square ( PSHZF )'s (OTC:PSHZF) stake in Universal Music Group ( UMGNF ) (OTC:UMGNF) Thursday, continuing his recent financial moves betting on future investments. What Happened: Ackman, who recently showed he trimmed his stake in Chipotle Mexican Grill stock while raising his stake in Nike, announced his changes...
Copyright 2023-2026 - www.financetom.com All Rights Reserved