Sapphire Foods
Sapphire Foods India, the company operating the Pizza Hut and KFC chains of restaurants, reported its largest profit decline since going public and missed estimates on Friday. This was attributed to inflation-weary customers cutting back on...
Westlife Foodworld, which operates McDonald's restaurants in west and south India, reported a 96% drop in fourth-quarter profit on Wednesday, as inflation-weary consumers reduced their spending on fast food, despite franchisees' efforts to entice them with...
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Samara Capital, consortium of investors pool $150M for new packaged foods platform
Samara Capital, a private equity firm, in collaboration with a group of investors including Convergent Finance, is setting up a roll-up platform for packaged...
KFC, Pizza Hut operator Sapphire Foods reports biggest quarterly profit drop since 2021 IPO
Sapphire Foods India, the company behind KFC and Pizza Hut eateries, reported its largest quarterly profit drop since going public in 2021. This decline...
Cloud kitchen sector in India faces uphill battle with continued inflation and funding constraints, threatening revenue growth
Continued inflation and a decrease in funding for startups might pose challenges for the cloud kitchen segment in India, making it difficult to maintain...
Promoter entities of Sapphire Foods sell shares worth INR 530 Crore
Two promoter entities of Sapphire Foods, the operator of KFC and Pizza Hut chains in India, executed block deals on Monday, selling shares worth...
KFC’s growth spree continues in India as it marks opening of 1000th outlet
KFC, the global food services chain, announced on Wednesday that it has achieved a milestone of 1,000 outlets in India, marking one of its...
Subway India refreshes its menu with Coca-Cola, ends 5-year PepsiCo partnership
Subway India has ended its five-year exclusive arrangement with beverages maker PepsiCo India for selling its products at the sandwich and salad chain's outlets....
Burger King India nears exclusive beverage partnership with Coca-Cola, ending decade-long PepsiCo association
Burger King, India's second-largest burger chain, is currently engaged in advanced discussions to establish an exclusive beverage partnership with Coca-Cola, signaling the end of...
KFC franchisee Sapphire Foods India’s Q4 profit hit by soaring expenses, plunges 50%
Sapphire Foods India, the company that runs KFC and Pizza Hut restaurants, reported a 57 percent drop in earnings for the fourth quarter on...