Consumer sentiment in general has been challenging
Eating out category has been quite resilient
Volatility is the new constant, so strategy to grow SSG has been to focus on building more occasions for consumers to visit McDonalds
Today over 150 McDonalds restaurants offer breakfast and over 200 offer coffee
Seeing exponential growth of outside food getting consumed at home via delivery
Expect Rs 800 crores revenues from delivery and McCafe by FY21
Management focus is on west and south India - to grow stores from 300 to 500
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
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