After rough Q2, Devyani International awaits demand rebound
Same-store sales performance of Devyani’s core brands KFC and Pizza Hut has been subdued in recent quarters.
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Same-store sales performance of Devyani’s core brands KFC and Pizza Hut has been subdued in recent quarters.
The quick service restaurant operator has noted a sequential demand uptick in Q1FY24 led by Indian Premier League, summer vacations and festivals.
A year into its delivery-focused strategy, CMO Neha DK talks about the brand’s 90% digital media spends, balancing its delivery app with aggregators, and its increasing store count.
Devyani International, the largest franchisee partner for YUM! brand in India, is introducing pocket friendly options to protect volumes from faltering in a high inflation environment. One of its three core brands, Pizza Hut, has introduced the Flavour Fun range of pizzas starting at ₹79 to make their offering a value for money product.
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