Mint Explainer: What’s behind the slowdown in fast-food sales?
New Delhi: Several leading fast-food companies, including Devyani International Ltd, Sapphire Foods, Jubilant Foodworks, and Westlife Foodworld Limited, reported sluggish sales in the September quarter. This was due to a combination of factors, such as an extended period of religious days, which adversely affected the sale of non-vegetarian food, and increasing competition from smaller players.
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