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Costa Coffee reports 49% surge in revenue to INR 152 crore in FY24, adds 67 new stores
Costa Coffee, the British coffee chain, saw a 49% increase in operational revenue in India, reaching INR 151.8 crore, according to Devyani International Ltd's...
KFC delights fans with new Honey BBQ Saucy Nuggets
KFC, the renowned American fast food chain, has introduced Honey BBQ Saucy Nuggets to its summer menu for 2024, alongside wallet-friendly everyday meal offers.The...
Homegrown chicken QSR chain BIGGUYS raises $2 Million for expansion
BIGGUYS, a homegrown chicken QSR chain, has secured a significant investment of $2 million (over INR 16.62 crore).This funding is a mix of equity...
Rapid growth of Zomato and Swiggy to dent QSR sales: BNP Paribas Report
The swift growth and increasing popularity of foodtech giants Zomato and Swiggy are expected to negatively impact sales in the quick-service restaurant (QSR) sector,...
KFC India unveils four refreshing beverages to beat the scorching summer heat!
As temperatures rise across the country, everyone is wondering: how can we beat the heat KFC India has the perfect solution: four uniquely refreshing...
Devyani International forms JV with PVR Inox to develop food courts in malls
Devyani International, the operator of well-known quick service restaurants (QSRs) like KFC and Pizza Hut, established a 51:49 joint venture with cinema operator PVR...
Devyani International reports INR 49 Cr loss in Q4 despite 38% YoY revenue surge
Devyani International, India's leading franchisee for Pizza Hut and KFC, announced a net loss of INR 49 crore for the quarter ended on March...
Sapphire Foods’ Q4 profit plummets 98% to INR 2.39 Cr amid sluggish demand
Sapphire Foods India, the company operating the Pizza Hut and KFC chains of restaurants, reported its largest profit decline since going public and missed...
McDonald’s India operator Westlife Foodworld reports 96% profit slide in Q4 amidst weak demand
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...
KFC parent Yum Brands reports decline in global same-store sales for Q1
Yum Brands saw a decline in quarterly global same-store sales, attributed to fluctuating demand for its KFC and Pizza Hut brands among inflation-wary consumers...
KFC Malaysia temporarily closes outlets, citing economic challenges
KFC Malaysia has decided to temporarily shut down its outlets across the country, attributing the move to challenging economic circumstances. This decision follows reports...
Carlyle Group in advanced talks to acquire Mitsubishi’s stake in KFC Japan, eyes privatization
The Carlyle Group, an American private equity firm, is currently in talks to purchase Mitsubishi's 35% ownership stake in KFC Holdings Japan, which oversees...