Domino's to get painted in Navratri colours by going 100% vegetarian

QSR chain Domino's UK Pizza Group, the franchisee for the master agreement for Domino's stores in the UK and Ireland, has named Andres Rennie as CEO.

Rennie will join the UK firm in August succeeding Elias Diaz Sese, who has been serving as Domino's Pizza Group's (DPG) interim CEO since October 2022.

The group owns, operates and franchises Domino's stores in the UK and Ireland.

According to Reuters, Rennie spent more than 20 years with Domino's Pizza in Australia and he served as CEO of France and Belgium, and CEO of Domino's Australian, New Zealand and European business.

“'Rennie "is an energetic and entrepreneurial leader with an incredible track record of delivering growth in Domino's businesses around the world," said Matt Shattock, board chairman in the release.

India's largest pizza chain Domino’s Pizza has announced the launch of its first ever heart-shaped pizza.

The limited-edition product launch is supported by a special social media campaign, ahead of Valentine's Day for people who are determined to make no commitments.

The campaign #SayItWithAPizza showcases this aspect of the dating arena including all the confusion and gushing that comes along with it.

“We have always positioned Domino's as the perfect companion for special moments and creating an experience for those who share a pizza, whether it be family, friends or more. For those who aren't sure, valentine's is the perfect time to #SayItWithAPizza. The campaign has taken a unique spin on a story relatable to all the younglings out there in a situation ship,” said Sandeep Anand, EVP and Chief Marketing Officer, Domino’s Pizza India.

In a three-part Instagram reel series highlighting the protagonists' experience of ‘situationship’, the brand speaks to millennials and Gen Z in a language, attitude and format that resonates with them.

In the campaign, Domino’s acts as the catalyst to elevate a romantic relationship between two people over the course of their pizza orders, and culminate into an expression of commitment.

The limited edition heart shaped pizza is available to order in two variants: Veg Tomato Pizza and Chicken Pepperoni Pizza in regular size and can be ordered at Domino’s restaurants as well as online via the Domino’s app.

It will be available for a limited period between 12^th February and 14^th February 2023 in top metropolitan cities, viz., Delhi NCR, Mumbai, Bangalore, Chennai, and Kolkata.

New York-style pizza Sbarro chain has hit its target of opening 100 restaurants in 2022.

The Ohio-based pizza brand has recently added two newest restaurants in the Philippines and in Missouri in last December.

It has exceeded 100 new restaurant openings in 2022, the most in one year in their 65-year history.

In addition to the 100 new restaurants, Sbarro celebrated several other milestones this year including opening its 200th domestic franchise restaurant, it's 300th International franchise restaurant, it's 500th franchise location and they introduced its Original XL New York Pizza to three new countries including Poland, Georgia, and Northern Macedonia.

"I am so grateful for the faith and trust of our franchisees and our corporate and field teams that have made these milestones possible," said David Karam, CEO Sbarro by adding that with our focus on the Impulse Pizza segment, they've been able to feature or Pizza by the Slice and Strombolis to drive customer loyalty. 

“By honing in on our key points of differentiation, it's opened the doors to numerous new venues for growth including military bases, theme parks, C-stores, train stations and travel centers. I'm especially proud that our openings have been so balanced worldwide with half coming in the US and half in the now more than 25 countries we operate in,” he added.

With the number of Sbarro restaurants in the system approaching 700, Sbarro is excited not just in the growth this year, but they anticipate the number of openings to increase in future years.

"This is just the beginning for this great brand," said Karam. "We have an incredibly strong development pipeline and we're as excited as ever for our future."

Domino's Pizza, India's largest pizza chain has launched 20-minutes delivery across 20 zones.

The brand is positioned to provide its consumers with a great pizza-eating experience. To achieve this, it has constantly focused on multiple aspects, such as product innovation, taste, pricing, and guest service.

“We at Domino's are committed to providing the best pizza-eating experience to our consumers, and the 20-minutes delivery promise is a big step in that direction. With this initiative, customers will now get hotter, fresher and tastier pizzas from 100s of Domino's stores across India,” shared Sameer Khetarpal, Chief Executive Officer & Managing Director, Jubilant FoodWorks Limited by adding that this has been made possible through a three-pronged approach using analytics, insights and technology to give customers higher service levels across multiple pin codes in India, wherein service and quality are the number 1 priority.

“In our endeavour to raise our service levels, we are clear that we will do so without compromising our riders' safety,” he added.

The brand earlier pioneered 30-minutes delivery and established itself as a market leader in the QSR sector.

The unparalleled 20-minutes delivery announcement that underlines Domino's delivery prowess is a benchmark proposition revolutionizing the QSR sector.

Domino's India 20-minutes delivery is being driven by enhancing and optimizing in-store process improvements, dynamic resource planning, technology upgradation and interventions for improved operational efficiencies, and expanding stores within the vicinity.

These steps help the brand optimize the overall timing of the entire process, ensuring the delivery of hotter, fresher and tastier pizza in 20 minutes without compromising the food quality and the safety & well–being of its delivery riders.

"India is the largest market outside of the US in the global Domino's network. Domino's India growth trajectory has been phenomenal in the recent past, and we believe there is huge potential ahead for us. India is a great example of successfully driving consumer-centric strategies across all business verticals. The 20 minutes delivery launch, in which pizzas are delivered hotter, fresher and tastier, is just another example of the consumer-centric approach of India,” added Russell Weiner, Chief Executive Officer, Domino's Pizza.

The 20-minute delivery has been introduced in 20 zones across 14 cities in India.

World’s largest pizza company Domino's Pizza is continuing to expand its global reach with openings in two new countries – Uruguay and Latvia.

The first Domino's store in Latvia recently opened in the city of Riga at Deglava 100 by master franchisee Morgacita Ltd., while the first Domino's store in Uruguay opened in Montevideo at 1163 Luis Alberto de Herrera by master franchisee Alsea.

"We are thrilled to bring such a globally prominent brand like Domino's to Latvia. We are eager to offer our delicious products, exceptional service and innovative ordering technology to our new customers. This, combined with our extremely efficient delivery and carryout, will bring much success to the Latvia market,” shared Laura Tomkeviciene, COO of Morgacita Ltd.

Domino's in Montevideo is located in the heart of Uruguay's capital and features an inviting store interior and spacious seating.

"I am very pleased to announce Alsea's entry into Uruguay with the Domino's brand, as it allows us to continue with our solid growth strategy," said Armando Torrado, CEO of Alsea.

Domino's operates in more than 90 markets worldwide, with more than half of its global retail sales coming from international stores.

"Establishing our brand in Uruguay and Latvia provides an excellent opportunity for Domino's to continue growing globally," said Art D'Elia, executive vice president of Domino's International. "We have been on a mission to bring our delicious pizzas and unmatched customer service to more markets, including Uruguay and Latvia, and we look forward to serving new customers there."    

One of India’s largest foodservice company Jubilant FoodWorks Limited has shared the joining announcement of its new CEO and Managing Director – Sameer Khetarpal.

Shareholders have also approved his appointment in the 27^th Annual General Meeting of the Company convened on August 30, 2022.

Khetarpal succeeds Pratik Pota.

Sameer has served in numerous senior leadership roles during his 25-year career in sectors like e-commerce and management consulting, and joins Jubilant from Amazon.

Over the last 6.5 years at Amazon, he has conceptualized, launched and scaled several businesses like Amazon Fresh, Amazon Food and Amazon Pharmacy. He has built these businesses with world-class supply chain infrastructure, deeply embedded with technology and several inorganic investments and partnerships.

Prior to Amazon, he served as a Partner at McKinsey and Company, where he served several hi-tech clients on topics related to business building and transformation, and was instrumental in building data driven service lines used by several Fortune 500 companies. Sameer has previously worked with GE Capital and Hindustan Unilever.

Throughout his career, Sameer has been driven by a passion to serve customers and build businesses by leveraging technology.

In India, JFL has a strong and extensive network of 1,625 Domino’s restaurants across 349 cities. In Sri Lanka and Bangladesh, the Company operates through its 100% owned subsidiary which currently has 36 and 10 restaurants respectively. JFL also enjoys exclusive rights to develop and operate Dunkin’ restaurants in India and Popeyes restaurants in India, Bangladesh, Nepal and Bhutan. JFL currently operates 25 Dunkin’ restaurants across 8 Indian cities and 6 Popeyes restaurants in Bengaluru.

In 2019, JFL launched its first owned-restaurant brand ‘Hong’s Kitchen’ in the Chinese cuisine segment which now has 14 restaurants across 4 cities. In 2020, it launched Ekdum! another new owned-restaurant brand which serves Biryani category. Ekdum! has 6 restaurants across 3 cities. The Company has also forayed into the ready-to-cook segment with its ‘ChefBoss’ range of sauces, gravies and pastes.

American multi-national pizza chain Domino's has responded to the criticism after a Twitter user posted a picture purportedly showing a mop and a toilet brush hanging above the pizza dough almost touching it.

"An incident involving one of our stores was recently brought to our notice. We want to assert that this is an isolated incident, and we have taken the strictest action against the restaurant in question. Please be informed that we have zero tolerance for violations of our high safety standards," Domino’s shared.

Sahil Sahil Karnany, an IT graduate from Bangalore, posted the photograph and video and wrote, "This is how @dominos_india serves us fresh Pizza! Very disgusted. Location: Bnagalore.”

He claimed that the outlet in question was on Hosa Road in the city.

The user also tagged Food Safety and Standards Authority of India, Ministry of Health, Karnataka Health Minister Dr K Sudhakar and Union Health Minister Mansukh Mandaviya in the viral post.

“Domino's adheres to world-class protocols for ensuring the highest standards of hygiene and food safety,” added Domino’s.

Jubilant Foodworks Ltd (JFL) on Monday reported an 8.8 percent decline in its consolidated net profit at Rs 96 crore in the fourth quarter ended March 2022, impacted by higher expenses.

The company had posted a consolidated net profit of Rs 105.3 crore in the same period previous fiscal, Jubilant Foodworks Ltd (JFL) said in a regulatory filing.

Consolidated revenue from operations during the quarter under review stood at Rs 1,175.97 crore as against Rs 1,037.86 crore in the year-ago period, it added.

In Q4 the company opened 80 new restaurants of Domino's Pizza in India, while in the whole of FY22 a total of 230 new restaurants were opened in the country, taking the total to 1,567 restaurants as of March 31, 2022, across 337 cities, JFL said.

It has also appointed Sameer Khetarpal as CEO & Managing Director and Key Managerial Personnel of the company, effective September 05, 2022. Sameer Khetarpal will succeed Pratik Pota who resigned earlier this March.

“Sameer, with his strengths in building digital first businesses in related spaces will provide the necessary leadership to our business. He is a strong, dynamic and values-driven leader with an impressive track record of delivering consistent high-quality performance in tough consumer businesses,” shared Shyam S. Bhartia, Chairman and Hari S. Bhartia, Co-Chairman, Jubilant FoodWorks.

Sameer joins Jubilant from Amazon. Prior to Amazon, he served as a Partner at McKinsey and Company, where he served several hi-tech clients on topics related to business building and transformation, and was instrumental in building data driven service lines used by several Fortune 500 companies. Sameer has previously worked with GE Capital and Hindustan Unilever.

“As India’s largest food service company, JFL is uniquely poised to scale non-linearly across multiple businesses and geographies. The company has an exceptional track record of innovation and serving customers with exemplary standards. I am honoured to join Jubilant FoodWorks and look forward to working closely with the Jubilant team, to serve millions of customers by building businesses driven by technology and operations excellence,” added Khetarpal.

Pratik Pota has resigned as the CEO of Jubilant FoodWorks as he looks to pursue an external opportunity.

In a tweet posted on March 11, Pota shared, “I will be moving on from Jubilant FoodWorks in June. I have spent five extremely fulfilling & eventful years here, and am immensely grateful for the support & trust of the board, the JFL team & all other stakeholders.”

Pota also mentioned that he will continue in his current role till June 15, 2022 and the same was confirmed by the company as well.

“We wish to inform you that the board of directors of the company in their meeting held on March 11, 2022, accepted the resignation of Pratik Rashmikant Pota as the CEO and wholetime director of the company as he wishes to pursue opportunities outside Jubilant FoodWorks Limited,” shared the BSE filing.

The board also appreciated Pota of his outstanding contribution during his tenure with the company and wished him the very best in his future endeavors.

Pota joined Jubilant FoodWorks in 2017 replacing Ajay Kaul as the CEO of the largest food company in India.

“I will be moving to pursue a quasi-entrepreneurial opportunity and will share more details soon,” he added in a series of Tweet by wishing that JFL will grow into being a multi-brand, multi-country, food-tech powerhouse.

Today, shares of Jubilant FoodWorks plunged 15 per cent to hit a 52-week low of Rs 2,445.35 on the BSE in Monday’s intra-day trade after Pota stepped down as the Chief Executive Officer (CEO) and Wholetime Director of the company with effect from June 16, 2022.

Pizza chain Domino's has announced the promotions of Joe Jordan to the role of President, U.S. & Global Services and Art D'Elia to the role of Executive Vice President – International, effective May 1, 2022.

Jordan and D'Elia will both report to Russell Weiner, current Chief Operating Officer and President – Domino's U.S. and incoming Domino's CEO (effective May 1, 2022.)

"Joe and Art are extremely talented executives who have 15 years of Domino's experience between the two of them," said Weiner by adding that both are incredible leaders whose insights, expertise and values embody what makes Domino's such a special place to work.

As President, U.S. & Global Services, Jordan will be responsible for leading the Company's U.S. business and key global centers of excellence. He most recently served as Executive Vice President – International of Domino's since April 2018, after serving as Senior Vice President – Chief Marketing Officer of Domino's from May 2015 to April 2018.

As Executive Vice President – International, D'Elia will be responsible for overseeing the Domino's business in more than 90 countries around the world. D'Elia most recently served as Executive Vice President – Chief Marketing Officer of Domino's since July 2020. He joined Domino's in January 2018 as Senior Vice President – Chief Brand & Innovation Officer.

Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout pizza. It has over 18,800 stores in over 90 markets.

Operators of Domino’s Pizza and Dunkin Donuts in India, Jubilant Foodworks Ltd on Wednesday reported 58.11 per cent jump in consolidated net profit at Rs 119.82 crore for the second quarter ended September 30, 2021.

The food delivery brand shared that delivery and takeaway channels are one of the greatest contributors in the growth.

Jubilant logged a profit of Rs 75.78 crore in the year-ago period, it said in the regulatory filing.

Revenue from operations in the second quarter stood at Rs 1,116.19 crore as compared to Rs 816.33 crore in the same period a year ago.

“ The second quarter saw a strong all-round performance with revenue, profitability and store growth numbers hitting record highs.The new investments announced during the quarter will help steer the company towards its goal of becoming a multi-brand, multi-country business driven by technology and will create significant value for all stakeholders,” shared Shyam S Bhartia and Co-Chairman Hari S Bhartia in a joint statement.

During the quarter, JFL had announced key strategic investments in line with its stated goal of building a multi-brand and multi-country food business powered by technology. These included launching a reverse bookbuild process to enhance the company’s indirect shareholding in the Netherlands-based DP Eurasia N V, the fifth largest master franchisee of Domino’s Pizza, the company said.

Total expenses in the second quarter of this fiscal year were higher at Rs 963.47 crore as compared to Rs 747.01 crore in the year-ago period.

“Notwithstanding the operating challenges and inflationary headwinds, we delivered a robust topline growth, strong EBITDA margins and record new store openings. We are excited about the future and believe that we have the right strategy to lead growth in the exciting period that lies ahead,” added Pratik Pota, CEO, Jubilant FoodWorks.

Bengaluru-based cryptocurrency trading platform Unocoin is now providing its users to buy vouchers from over 90 different brands by using Bitcoins.

Some of the top brands that this platform has tied up is Dominos, CCD, Baskin & Robbins to name a few.

Started in 2013, Unocoin was India’s first and most popular bitcoin trading site. As per statement, a registered user of Unocoin can use bitcoin worth as little as INR 100 and as much as INR 5000 to avail of these vouchers.

“Bitcoin as a barter asset is being accepted & traded by millions of users worldwide through this initiative we would like to educate the Indian audience about the multi-dimensional use of the cryptocurrency,” shared Sathvik Vishwanath, Co-Founder & CEO Unocoin by adding that while there are tens of thousands of physical outlets and e-commerce portals accepting bitcoin as a mode of payment in the countries like the US, India doesn’t have such acceptability yet.

“Our offering answers the popular question of where someone can spend bitcoin in India,” he pointed.

KYC verified users of Unocoin who have bitcoin in their wallets are eligible to participate in this offering. They need to login to their account and go to the BTC page. There, among the multiple options available, the user needs to click on Shop. If a user is functioning from the Unocoin app, then the Shop button can be found on the dashboard and in the More section. Here the user can shop from 90+ brands ranging from restaurants, lifestyle, accessory and clothing to name a few.

After selecting the desired brand, a dropdown menu will come from multiple INR denominations to buy vouchers. Once the user selects the amount the corresponding value of BTC will also be showcased to him and after paying the amount the voucher code is received by the user.

These vouchers can even make a fantastic gift to a loved one. All they have to do is to have to pass on the E-voucher information electronically or through printing it out and handing over the copy of the voucher.

Domino’s has introduced a Hindi version of its food ordering app. This move reflects that organised food players are getting aggressive about scaling their ordering platforms as deliveries and takeaways remain the mainstay for food services companies.

In the December quarter, the Domino’s app recorded its highest ever download of 7.4 million. Total app downloads stood at 51.2 million at the end of the third quarter.

The pizza chain is expected to provide more languages as it draws more consumers into its fold.

Jubilant FoodWorks’ top management said, “Our investments to strengthen digital infrastructure have continued, Domino’s launched the Hindi version of its app which is going to be a significant enabler for ordering. Going forward, we will continue to add other language support to our app to make the experience even more personalized and seamless. This dovetails well with our objective of driving robust from our own assets.”

Domino’s had finished the December quarter with 1,314 outlets in India.

Owners of Domino’s Pizza and Dunkin Donuts in India, Jubilant Foodworks Limited (JFL), has announced that it will acquire Netherlands-based Fides Food Systems, for GBP 24.80 million through its wholly owned subsidiary - Jubilant Foodworks Netherlands BV.

Also Read: Owners of Domino's in India Jubilant Foodworks forms subsidiary in Netherlands

Fides holds 32.81% equity shares in DP Eurasia NV, which is the exclusive master franchisee of Domino’s Pizza in Turkey, Russia, Azerbaijan and Georgia. DP Eurasia (together with its subsidiaries) offers pizza delivery and takeaway/ eat-in facilities at 771 stores.

“We have been partners with Domino’s in India for more than twenty-five years; with that experience we hope to add value in DP Eurasia’s business and also create value for our shareholders,”  said Shyam Bhartia, Chairman, JFL.

Jubilant Foodworks Netherlands BV and Jubilant Foodworks Ltd, acting as a guarantor for investment obligation of its wholly owned subsidiary, has entered into the purchase agreement with Turkish Private Equity Fund II LP, which is the sole member of Fides.

May Interest: “Jubilant FoodWorks now among top 100 companies by Market cap”, tweets Pratik Pota

Jubilant operates 1,314 Domino’s Pizza restaurants apart from chinese cuisine brand Hong’s Kitchen, biryani brand Ekdum and a ready-to-cook range of sauces, gravies and pastes under the label ChefBoss.

Owners of Domino’s and Dunkin Donuts, Jubilant FoodWorks, reported a 21.71 per cent increase in consolidated profit at Rs 123.91 crore in the third quarter ended December 2020.

The company had posted a profit of Rs 101.80 crore in the same quarter a year ago, shared the firm in a regulatory filing.

Revenue from operations during the quarter under review stood at Rs 1,069.27 crore as compared to Rs 1,071.36 crore in the same period of the last financial year, a decline of 0.19 per cent, it added.

Also Read: “Jubilant FoodWorks now among top 100 companies by Market cap”, tweets Pratik Pota

“The company has seen complete revenue recovery of the business and strong improvement in margins. Our aggressive network expansion of 57 stores last quarter, along with the launch of Ekdum Biryanis is testimony to our confidence in the strong potential of the business,” shared Shyam S Bhartia, Chairman and Hari S Bhartia, Co-Chairman, Jubilant FoodWorks.

May Interest: Jubilant Foodworks to invest Rs 92 Crore in Barbeque Nation, acquire 10.76% Stake

Commenting on the same, Pratik Pota CEO and Wholetime Director, Jubilant Foodworks Ltd, said: "We turned the corner decidedly in Q3 with Domino's returning to growth, driven by strong momentum in delivery and takeaway channels. Our strong on-ground execution, consumer-relevant innovations, continued investments in digital, disciplined control on costs and a ramp-up in new stores all helped us deliver a strong performance last quarter. We are now shifting gears and preparing for an exciting period of growth ahead.”

Owners of Domino’s Pizza and Dunkin Donuts in India, Jubilant Foodworks has announced that it is acquiring 10.76 per cent stake in Barbeque Nation for Rs 92 crore.

"The company has entered into a share subscription agreement to acquire equity shares and a restated shareholders' agreement to regulate the rights and obligations of BNHL's key shareholders," shared a statement from Jubilant Foodworks in a regulatory filing.

Casual dining chain Barbeque Nation operates over 138 restaurants in 73 cities across India.

Also Read: Barbeque Nation gets Sebi nod for IPO

The company also runs seven Barbeque Nation in international markets.

BNHL also has a presence in the Italian cuisine segment and operates restaurant called Toscano.

May Interest: Jubilant FoodWorks enters into biryani biz with 'Ekdum'

“We are happy to announce our investment in Barbeque Nation - a differentiated, casual dining restaurant brand of scale with strong unit economics. We are confident that the proposed investment will create value for our shareholders,” shared Shyam S. Bhartia, Chairman and Hari S. Bhartia, Co-Chairman, Jubilant FoodWorks Limited in the filing.

Jubilant FoodWorks Ltd, that runs QSR chains Domino's Pizza and Dunkin' Donuts, has reported a consolidated net loss of Rs 74.47 crore for the first quarter ended June 2020.

"The impact of COVID-19 was felt severely in Q1 FY21. The nationwide lockdown led to a complete closure of stores initially, with dine-in and takeaway remaining closed for most of the quarter," shared the JFL statement.

Also Read: Jubilant FoodWorks plans kiosk-based model for Dunkin' Donuts

This comes as an impact of closure of stores due to COVID-19 pandemic and consequent lockdown.

Jubilant had posted a net profit of Rs 71.48 crore in April-June quarter a year-ago, Jubilant FoodWorks Ltd (JFL) said in a BSE filing.

May Interest: Here are 7 Key Innovations Domino's Experimented in Top Markets

Its revenue from operations declined 59.07 per cent to Rs 388.41 crore during the quarter under review as against Rs 949.11 crore in the corresponding quarter last fiscal.

Jubilant FoodWorks Ltd, which operates Domino's Pizza and Dunkin' Donuts outlets in India has announced its entry in FMCG segment with a range of ready-to-cook sauces, gravies and pastes.

Jubilant FoodWorks, through its new brand 'ChefBoss', has launched a range of sauces and pastes, and will initially be exclusively available for consumers across e-commerce portals.

Also Read: 

In a regulatory filing, Jubilant FoodWorks said it is entering "into the Rs 500 crore ready-to-cook segment with the launch of a new brand, 'ChefBoss'.

The 'ChefBoss' range of sauces and pastes includes eight different products across two types of cuisines (Indian and  Chinese)".

May Interest: 

It is also mentioned that online sale of products will shortly start with Amazon (National), Flipkart Supermart (NCR, Mumbai and Bengaluru) and Milkbasket (NCR).

One of the largest pizza chain Domino’s is scheduled to release its earnings before Thursday open.

According to the media report, the stock hit a record high of $305.34/share in 2018 and is currently trading near $282.

The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down.

The pizza chain is expected to report $2.66/share on $1.09 billion in revenue. Meanwhile, the so-called Whisper number is $2.72. The Whisper number is the Street's unofficial view on earnings, reported Forbes.

Founded in 1960, the American pizza chain became the largest pizza seller worldwide in terms of sales in February 2018.

It is also the seventh-largest fast food restaurant chain by number of locations in the world running around 15,000 outlets in over 85 locations globally.

One of the largest pizza chain Domino’s Pizza, Inc. on Thursday unveiled an ambitious growth goals during its 2019 Investor Relations Day.

Domino’s which currently includes 15,300 stores globally is planning to grow by nearly 60 percent over the next six years.

Michigan based Pizza chain is targeting to open 9,700 new stores by 2025, by doubling the company’s growth rate of 5,260 stores over the past six years.

“The reason we want to achieve that goal is it creates a virtuous cycle in our business, and it starts with winning in every neighborhood in every market,” said Richard Allison, CEO, Domino’s.

Domino’s is also projecting $25 billion in annual sales globally by 2025, a number that doubles the pizza chain’s fiscal 2017 sales of $12.25 billion with both domestic and international same store sales growing 3 percent to 6 percent over the next three to five years.

“You don’t get to be dominant number one in the world without being dominant in every neighborhood. It’s about having the highest delivery sales and carryout per household, “he added.

Domino’s sees growth potential of 2,000 stores in the U.S. over the next six years. But even more growth will occur abroad, with unit expansion potential of 6,500-plus locations in the company’s largest international markets alone by the end of 2025.

Ending its 20-year deal with Coca-Cola, Jubilant FoodWorks, which runs Domino's Pizza and Dunkin Donuts restaurant chains, has signed PepsiCo as its new beverage partner for Domino's Pizza India. 

Jubilant FoodWorks will now sell the entire portfolio of carbonated beverages of PepsiCo, which includes Pepsi, Mountain Dew, 7Up, and Mirinda along with Lipton Ice Tea, across all Domino's restaurants in India.

Pratik Pota, Chief Executive Officer & Whole-time Director, Jubilant FoodWorks, said, "We are delighted to announce PepsiCo as the beverage partner for Domino's Pizza India. The partnership will bring in fresh focus on our beverage portfolio. We look forward to offering greater beverage variety and thereby enhancing the Domino's Pizza experience for our guests."

Ahmed ElSheikh, President & CEO, PepsiCo India, also stated, "PepsiCo is honored to be the preferred beverage partner for Jubilant FoodWorks across its Domino's Pizza outlets nationwide. Domino's consumers will now be able to choose from a range of their favorite PepsiCo beverage brands across carbonated soft drinks and Lipton Ice Tea with their meals. This partnership further strengthens our position in the food service segment in India and consumers can look forward to some exciting new experiences."

Jubilant FoodWorks reported a three-fold jump in net profit to Rs 74.67 crore in the first quarter of the financial year 2018-19 ending June 30 as compared to Rs 23.84 crore the company posted during the same period last year.

Operating revenue for first quarter of the fiscal year 2019 jumped 26 percent to Rs 855 crore. The operator of Dominos Pizza and Dunkin' Donuts reported operating revenue of Rs 678 crore during the corresponding period last year.

The growth was on the back of a strong same-store-growth of 25.9% in Domino’s Pizza, the company said during its earnings announcement.

“We are pleased to start the year on a strong note with our robust performance in Q1 FY19. The strong growth in Domino’s came on the back of a superior product, Value for money delivery and growing digital contribution. This together with our focus on achieving break-even in Dunkin’ Donuts by the end of the financial year will continue to drive profitable growth for us," said Shyam S. Bhartia, Chairman, and Hari S. Bhartia, Co-Chairman, Jubilant FoodWorks.

According to the company, the strong performance in Q1 FY19 was on account of a good response to the Every Day Value offer on Regular Pizzas launched in March 2018, and which was supported aggressively during the IPL T20 cricket season.

“We delivered a strong quarter in both Domino’s and Dunkin’ Donuts. In Domino’s, the extension of EDV to Regular Pizzas received a very good response with an increase in both new customer acquisition as well as existing customer frequency. Dunkin’ Donuts too saw encouraging growth and made good progress towards profitability on the back of successful innovations and disciplined cost management,” said Pratik Pota, CEO and Whole-time Director, Jubilant FoodWorks.

During the quarter under review, the company opened 13 new Domino's Pizza outlets and closed three stores. The company also opened one new Dunkin' Donuts outlet during the quarter.

A fine of Rs 9.50 lakh has been levied on a Domino's outlet in Shahjahanpur and its supplier in Pune by the court of an additional district magistrate (ADM) in Shahjahanpur after a sample of cheese used in a pizza failed to pass a lab test.

The ‘diced super stretch Mozarella cheese’ was tested for milk fat content and it was found to be below the prescribed minimum limit of 35 per cent. The fine was imposed by the court of ADM (administration) JK Sharma.

A fine of Rs 4 lakh fine has been imposed on the Shahjahanpur district manager of Jubilant Food Work (franchisee for Domino's Pizza), Rs 5 lakh on Schreiber Dynamics Dairies, the supplier, and Rs 50,000 on the seller, Suresh Upadhyaya.

The sample of cheese was taken on July 4, 2015, by food security officer (FSO) Yugul Kishore and sent for lab test at government regional public analysis laboratory in Varanasi. Food analyst UC Gangwar completed the study of the sample and found insufficient fat percentage. The lab test was completed between July 22 and 28, 2015 and the report was sent to the FSO on August 5, 2015.

Upon receiving the report, notices were issued to Jubilant Food, Schreiber Dynamics Dairies and the seller Suresh Upadhyaya and a case was filed in the court of the ADM. After a trial that lasted nearly two years, court imposed fine in this case. The defendant had filed a counter case in this matter, that the cheese was not kept under prescribed conditions (refrigeration) due to which the sample couldn’t pass the lab test.

District manager of Jubilant Food Abhishek Seth in a statement said, “I am not aware that a fine has been imposed in this case. All legal issues are dealt by Jubilant Foods and they will deal with this one as well.”

JK Sharma said, “The sample failed to pass the lab test and it was a serious issue as they were not delivering what they have promised.”

Jubilant Food spokesperson stated, “Jubilant Food Works has been informed about the court’s ruling. However, we would like to state that the test conducted by us for the same batch of cheese at an NABL-certified lab confirms that the fat content in the cheese is as per the limits prescribed by the Food Safety and Standards Authority of India.”

A green body alleged that fast food majors in India were adopting "double standards" by committing themselves to eliminating misuse of antibiotics in meat supply chains in a time-bound manner in the West but not in India.

Centre for Science and Environment (CSE) released an assessment report based on data in public domain and response obtained from several multinational companies and three Indian firms selling fast food in the country.

Deputy Director General of the CSE, Chandra Bhushan said “Our study shows that these fast food MNCs do not have any India-specific commitments to eliminate misuse of antibiotics in their meat supply chains. Surprisingly, these global giants have made ambitious, specific and time-bound commitments in the US and other countries to eliminate antibiotic misuse owing to growing pressure from regulators and other stakeholders. This is sheer "double standards".

Jubilant Foodworks, a domestic franchise for the US-based popular chain Domino's Pizza, said "We follow global standards and processes, and ensure that the highest standards of quality and food safety and hygiene are maintained across our supply chain. It has a formal policy in place on usage of antibiotics in poultry birds' health management to guide their sourcing of poultry.  We have always had a set of standards followed while sourcing poultry for our products, ensuring that our suppliers follow the right farm practices”.

KFC said in a statement “it adheres to all laws and regulations regarding the use of antibiotics. Furthermore, as part of our strict adherence to robust safety practices and processes, chicken supplied to KFC India is free from any antibiotic residue, as our chicken supplies are subjected to a withdrawal period specific to each medicinal treatment”.

Head, Food Safety and Toxins programme at CSE, Amit Khurana said "Fast food is not good for health and on top of that if the meat is sourced from an animal injected with antibiotics for growth promotion (non-therapeutic use), then it's a double whammy for the consumer. A person may or may not get affected after consuming such food. While some others shared their practices of sourcing and testing, they did not specify any timelines by which they planned to eliminate antibiotic misuse”.

Britain's biggest pizza delivery firm, Domino's Pizza Group Plc, said trading in the third quarter improved in the UK, adding that it expects full-year underlying profit before tax to meet market forecasts.

Domino's Pizza a master franchisee of U.S. group Domino's Pizza Inc said “group system sales in the 13 weeks to Sept 24 rose 20.8 percent to 286.4 million pounds ($377 million), with sales at UK stores open for more than a year rising 8.1 percent”.

UK sales were boosted by a 17.4 percent surge in online orders.

On July 25 Domino's reported much lower like-for-like sales growth in the first half of the year, sending its shares tumbling.

The company said it would open 90 stores in UK this year, citing strong demand for delivered food in the UK despite the uncertain consumer environment.

Ajay Kaul, Chief Executive Officer and whole time Director of Jubilant FoodWorks Ltd (JFL) has resigned from the his position, the company said in a BSE filing on Monday.

"Kaul has stepped down to evaluate and pursue opportunities outside the Jubilant Bhartia group," said the statement announcing Kaul’s resignation.

Kaul will continue in his current role till March 2017, the statement added. For the April-June quarter, Jubilant FoodWorks, the exclusive franchisee for Domino's and doughnut chain Dunkin' Donuts, announced a 3.2 per cent year-on-year drop in same-store sales growth (SSG) - the lowest SSG over the past seven quarters.

The company's operating profit was down 14 per cent, while net profit declined 31 per cent to Rs 19 crore in the June quarter.

"A constrained consumption environment had an effect on overall performance in the first quarter of 2016-17. Since then, new products have played an important role in driving sales. We hope the second quarter will see positive same store growth," JFL chairman Shyam Bhartia said in a statement announcing the first quarter earnings on September 3.