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Brokerages split on Jubilant FoodWorks amid margin concerns; stock tanks 6%

Business Standard LogoBusiness Standard11h ago

Brokerages split on Jubilant FoodWorks amid margin concerns; stock tanks 6% - Business Standard

Quick Summary:

Despite the optimism surrounding growth, many brokerages are concerned about Jubilant FoodWorks’ margin outlook.

They were disappointed by the company’s slower-than-expected margin recovery, especially given the 200bps PAT margin expansion guidance, which was weaker than expected.

Store expansion is a central part of its strategy, with plans to open an additional 1,000 Domino’s stores by FY28, aiming to reach a total of 3,000 stores across 700 cities by FY28, up from the current 2,139 stores across 466 cities.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-28 @ 11:51:05 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 670 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26504167

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 246 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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