Jubilant FoodWorks Stock Popped by 23%, Days After It Opened 100 New Domino’s Stores

Dominos Pizza has seen an incredible demand in its food delivery segment during the pandemic in India. It has also increased its stores footprint across the country during the same time.

Published

Oct 19, 2023

Written by

Chris P.

Reviewed by

Nithish A.

Read time

minutes

Jubilant Foodworks operates Domino’s Pizza restaurants in India. It also operates restaurants of other brands like Dunkin Donuts.

Jubilant Foodworks stock price rose by 23% since its last earnings call in July. The company just posted higher than expected revenues in the last quarter ending in June, despite the second wave of pandemic.The firm reported a 123% increase in sales from the food delivery segment. This probably helped cover the loss of revenue from restrictions in dine-in.

Another interesting thing also happened in the days leading to the earnings calls. The company opened 100 more stores across the country. The total number of stores across the country rose from 1298 at the start of June 2021 to 1397 stores by the end of July 2021.

NSE:JUBLFOOD Stock Price and # of Stores

Source: Crustdata Alternative Data

Chris writes about modern GTM strategy, signal-based selling, and the growing role of real-time intelligence across sales, recruiting, and investment workflows. At Crustdata, they focus on how live people and company insights help teams spot opportunities earlier, personalize outreach with context, and build stronger pipelines whether that’s sourcing talent, identifying high-potential startups, or closing deals faster.