Sapphire Foods (2QFY25): 2HFY25 Outlook Not Looking Robust. Maintain ADD
Sapphire Foods' (the second largest franchisee operator for KFC and Pizza Hut) 2QFY25 results were lower than our expectations despite a decent...
145 Views
Sapphire Foods (1QFY25 Results Review): Pizza Hut, KFC Disappoint, Sri Lanka Surprises.
Sapphire Foods’ (second largest franchisee operator for KFC and Pizza Hut) 1QFY25 results were lower than our expectations despite a decent show...
184 Views
Sapphire Foods: Pizza Hut, KFC Disappoint, Sri Lanka Surprises. Maintain ADD
Sapphire Foods’ (second largest franchisee operator for KFC and Pizza Hut) 1QFY25 results were lower than our expectations despite a decent show in...
155 Views
FMCG, QSR & Alco Bev (Q1FY25 Results Preview): On an improving trajectory
We expect our consumer coverage to report revenue growth in mid-single-digits (6% yoy), driven by volume growth. At an aggregate level, we expect...
189 Views
QSR (Q3FY24 Results Preview): Demand Pangs
Festive season fails to cheer up demand: Our QSR universe, over the past few quarters, has seen a sustained deceleration in demand (SSSG turned...
177 Views