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REA India taps Kapil Goswami to drive growth at Housing.com
BENGALURU: Rea India, the parent of property portal Housing.com, has appointed Kapil Goswami as chief growth and marketing officer, strengthening its leadership bench as competition intensifies in India’s digital real estate market.
Goswami will be based in Gurugram and report to Housing.com chief executive officer Praveen Sharma. He brings more than two decades of experience across consumer-facing businesses spanning fintech, e-commerce, entertainment and technology, across both startups and global corporations.
Most recently, Goswami led consumer growth for the Paytm app and served as chief business officer for Paytm Movies. Prior to that, he spent over ten years at Google, holding senior leadership roles across Asia Pacific, including marketing analytics and attribution, and search sales strategy and operations across more than 15 markets.
Sharma said Goswami’s experience in consumer growth, marketing and business strategy aligns with Housing.com’s ambition to deepen engagement with home seekers and sellers and strengthen its market position nationwide.
Goswami said the appointment comes at a pivotal moment for the real estate sector, adding that he aims to drive consumer engagement, build stronger marketing capabilities and unlock new growth avenues across India.
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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.
