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Jubilant Food falls 10 pc as same-store sales decline

India Food Forum - 2023 > FOOD SERVICE > Jubilant Food falls 10 pc as same-store sales decline

Jubilant Food falls 10 pc as same-store sales decline

September 15, 2016 | indiafood forum | FOOD SERVICE

As per a report by Business Standard, Jubilant FoodWorks’ stock crashed 10 per cent on Tuesday on the BSE as investors reacted sharply to the food service major’s poor same-store sales growth (SSG) numbers for the three months ended June 2016. Jubilant had declared its June quarter earnings last week, reporting a 3.2 per cent year-on-year decline in SSG, its lowest in seven quarters…READ MORE