Analyst Views: Has Domino’s kept the fire going under third quarter sales?

 
Kasmira Jefford
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KARL BURNS PANMURE GORDON
“The update is better than expected, despite the warm weather and despite a pretty tough trading environment. The hangover in Germany is known about now and apart from maybe a lack of performance on new openings, trading is pretty strong across all aspects of the business.


WAYNE BROWN CANACCORD GENUITY
“In a retail market where new site opportunities should be benefiting the group, and every other retail and leisure company is increasing its openings, we are increasingly concerned why Domino’s is missing opening targets again. With a worsening outlook, the shares need to reflect the higher risks.

DOUGLAS JACK NUMIS
“Third quarter like-for-like trading was ahead of our expectations. August to September trading was ‘strong’, which usually means close to double-digit like-for-like sales for Domino’s, providing excellent momentum to carry into the fourth quarter.