Brands
Havmor Ice Cream launches an enticing range of ice cream flavours
Mumbai: Havmor, a part of LOTTE Wellfood Co Ltd and one of the most beloved ice cream brands has introduced an exciting range of new ice cream flavours just ahead of the summer heatwave. Havmor is committed to innovation and strives to keep up with the dynamic and evolving preferences of consumers. With this in mind, the brand has carefully curated a delectable assortment of flavors that blends timeless classics with innovative twists, ensuring a delightful experience for every palate.
Havmor Ice Cream truly understands the preferences of Indian consumers and strives to launch flavours that delight their taste buds. From Indian dessert-inspired ice cream flavours of Shahi Kesar and Rajwadi Kulfi to modern twists on classic favourites with Blueberry Cheesecake, Cookie N Cream cone, ice cream sandwich and summer specials Ratnagiri Hapus, rose flavored ice cream and Jaljeera & Kalakhatta for refreshing treat, there’s something delicious for every palate.
Havmor Ice Cream MD Komal Anand shared his enthusiasm about the new launches, saying, ” At Havmor, we’re passionate about crafting unique and distinctive flavors and our relentless focus on understanding consumer preferences is at the heart of our R&D and innovation. We are launching around 12 new flavors this season, and considering the current K–wave among consumers; we are also expanding the LOTTE range by adding new Korean-inspired products in the coming months. Last year, we witnessed one of the warmest summers, and this year, too, the predictions are similar. The category has a lot of headroom for growth, and brands with a national footprint have been growing at a CAGR of about 20- 25 per cent post-COVID. We expect the category momentum to continue. To cater to the growing demand, we have increased the production capacity in the existing factories and will be ready to service more demand through our upcoming factory in Pune starting July- August 2024. We’re confident that our customers will relish these new offerings, which play a key role in our ongoing efforts to expand and enhance our brand across India.”
Prepping for the summer season, Havmor is bringing a creative twist to traditional and popular desserts, offering a new and exciting experience with each bite. With flavours like Shahi Kesar, Rajwadi Kulfi and rose flavoured ice creams, Havmor aims to offer something truly special for consumers. The unique fusion of tradition and innovation provides a taste of indulgence and luxury with every scoop, ensuring that every moment spent enjoying the ice cream is memorable and delightful.
To add to its mouth-watering array of ice cream flavours and celebrate the summer flavour with Ratnagiri Hapus ice cream, showcasing the exquisite taste of the king of mangoes. Alternatively, savor the sweet and sour fun delight with Jaljeera & Kalakhatta Ice Candy. Keeping in mind the innovation, the Cookies N Cream cone, ice cream sandwich and Blueberry Cheesecake with juicy blueberries in smooth ice cream are introduced.
The new range is perfect for anyone looking to beat the heat this summer. Being a 100 per cent milk ice cream maker, each scoop is crafted with care, using only the highest quality ingredients to ensure a premium taste experience. The new summer flavours will be available at leading retail outlets, Havmor Havfunn parlours and selected modern trade stores.
Brands
Domino’s Q1 profit falls 6.6 per cent, announces $1 billion buyback
Sales rise 3.4 per cent as pizza giant balances growth and shareholder returns
NEW YORK: Domino’s reported a mixed start to 2026, with first-quarter net income slipping even as global sales and store expansion held steady. The company also announced a fresh $1 billion share buyback, underlining its continued focus on shareholder returns.
Global retail sales rose 3.4 per cent on a constant-currency basis to $4.74 billion. The US remained a key growth engine, with same-store sales inching up 0.9 per cent, supported by a 1.5 per cent rise at company-owned outlets.
International markets, however, painted a more uneven picture. While Domino’s added 161 net new stores overseas during the quarter, international same-store sales declined 0.4 per cent. Overall revenues still climbed 3.5 per cent to $1.15 billion, driven by higher supply chain revenues and a 2.6 per cent increase in food basket pricing for franchisees.
On the profitability front, net income fell 6.6 per cent to $139.8 million, compared to $149.7 million a year earlier. Diluted earnings per share dropped to $4.13 from $4.33. The decline was largely attributed to a $30 million unfavourable swing in unrealised gains linked to its investment in DPC Dash Ltd.
Despite this, operational performance showed resilience. Income from operations rose 9.6 per cent to $230.4 million, supported in part by a $7.8 million pre-tax gain from the sale of a corporate aircraft.
Domino’s footprint continued to expand, with the company ending the quarter at 22,322 stores across more than 90 markets. In the US, digital orders remained dominant, accounting for over 85 per cent of retail sales in 2025.
The company also maintained its dividend payout, declaring $1.99 per share, payable on 30 June 2026. After repurchasing $75.1 million worth of stock during the quarter, the new authorisation lifts the total available for buybacks to $1.29 billion.
Domino’s chief executive officer Russell Weiner said the company’s scale and store-level economics position it well to capture further market share in 2026, even as competition intensifies.
As Domino’s leans into expansion and capital returns, the latest results show a business managing short-term pressures while keeping its long-term growth strategy firmly in play.
