MAM
MPG India appoints Kavita Vohra to head buying for north
MUMBAI: Havas Media‘s media planning and buying network MPG India has appointed Kavita Vohra as MPG India associate vice president investments. She will report to MPG India executive director-north Uday Mohan.
Vohra’s mandate will include heading buying for MPG Delhi with additional responsibility of Bangalore and Kolkata. She has over 10 years experience in media planning and buying, having worked with several key accounts across categories.
Vohra started her career at Lodestar working on Whirlpool and then moved on to Cheil Communications to handle Hyundai and Samsung. Thereafter, her role involved TV buying for Nokia Mobiles at GroupM, followed by buying for Nestle and a host of other clients at Zenith Optimedia.
Havas Media India and South Asia CEO Anita Nayyar said, “MPG India has always been a growth leader in the region as we continue to expand our footprint and offerings to our clients. Kavita’s appointment will further strengthen our buying offering.”
MPG India managing director Mohit Joshi said, “We are very happy to have Kavita with us. Her strong understanding of the planning function makes her an ideal candidate for heading the buying function. We are confident that with her wide and varied experience she will be able to bring in significant value to all our clients”, added Mohan.
Vohra said, “Heading the buying arm of MPG Delhi is a natural progression towards handling a bigger and more challenging portfolio of clients. I look forward to working with the team as the journey ahead surely looks very exciting.”
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.
