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Motilal Oswal Report
Jubilant FoodWorks Ltd. reported largely in-line sales and margins, even as like-for-like was lower than expected.
The management has shared both like-for-like and same-store sales growth numbers for many quarters thus far.
The decision to stop the SSSG disclosure is puzzling, especially as Jubilant FoodWorks management has commented that-
there is no large difference between SSSG and LFL and
the gap between the two is unlikely to increase.
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