MAM
Vijay Shenoy re-joins Langoor as SVP – strategy & business development
MUMBAI: Langoor, a full-service digital-first agency made of creative technologists, has appointed Vijay Shenoy as senior vice president, strategy and business development. Shenoy had previously enjoyed a fruitful stint with Langoor after which he was associated with WATConsult, as its AVP for Southern region, before his reappointment.
Shenoy brings with him more than fourteen years of experience in the digital marketing industry – developing deep insights, building brands and understanding the art of decoding human behaviour. During his earlier association with Langoor, Shenoy was responsible for new avenues of business growth, apart from leading their design and innovation practice. In his last stint with WATConsult, Shenoy spearheaded new business initiatives and managed existing client relationships including their strategy and delivery.
Speaking on his re-appointment, Langoor CEO Venugopal Ganganna said “We are delighted to have Vijay back with us. He has been a pillar of the leadership team and we are confident that his deep understanding of Indian consumers and cultural insights will fuel our growth plans.”
Talking about his role, Vijay Shenoy, says, “It's great to be back home. Langoor team has always helped me identify my strengths and leverage them. The intersection of data, creativity and technology is what excites me, and I am looking forward to my second innings, to explore and be a part of our amazing growth journey.”
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.
