Fast Food, Slow Recovery: Is Devyani International a Contrarian Bet?
We’ve all felt the pinch. Eating out or ordering in has become more of a thoughtful decision than an impulsive one. This consumer caution is reflected in the recent performance of restaurant chains, and Devyani International (DIL)—the operator of KFC, Pizza Hut, and Costa Coffee in India—is no exception. The company’s recent quarterly results showed … Read more