Peak pizza? Domino’s profit dips amid weak sales Retail Domino’s Pizza has suffered a 15 per cent profit slice as it contended with weak sales and a “challenging consumer backdrop”. While total turnover at the FTSE 250-listed pizza chain increased 1.5 per cent to £1.6bn, the like-for-like figure – excluding variables like VAT – inched up only by 0.2 per cent in the year [...]
Domino’s takes on KFC and Popeyes with new fried chicken menu Retail Domino’s has announced a new foray into the fast-growing fried chicken market as it looks to turn the tide on tough economic conditions. Chief executive Andrew Rennie said that the new menu items – tenders, wings, and boneless bites with nine “globally-inspired” dips – were a “bold new chapter for Domino’s”. Rennie added that the [...]
Domino’s Pizza gobbles up sales in Central Europe Business Increased hunger for pizza across Poland and Croatia helped sales jump at the owner of Domino’s in both European countries, according to new figures. DP Poland, which runs Domino’s Pizza stores and restaurants across Poland and Croatia, has racked up system sales of £55.4m for 2024 after being able to attract new customers. In Poland, [...]
Domino’s Pizza profit sliced by £3m Budget tax hit December 9, 2024 Domino’s Pizza has forecast a £3m tax hit from the Budget as the firm targets a push to open hundreds of new stores across the UK. “As with other major employers in the UK, the recent UK budget has significantly increased the cost of labour for both Domino’s Pizza and our franchise partners, who are [...]
Domino’s Pizza shares slump despite buyback as company lowers guidance August 6, 2024 Domino’s has reported a strong second quarter boosted by the Euro 2024 championship, as the fast-food giant announced a share buyback programme of £20m. However, the firm has also warned about future prospects. In a statement this morning, the company said that it expected earnings to fall at the lower end of its guidance for [...]
Domino’s Pizza Polish arm boosted with double digit revenue growth May 31, 2024 London-listed DP Poland, the operator of pizza stores across Poland and Croatia, has had double digit growth in revenue after it invested in "swift service".
Domino’s delivers solid first quarter results and looks ahead to busy Euros May 1, 2024 Domino's Pizza has posted first quarter earnings in line with expectations, having recovered from a difficult start to the year in January.
Domino’s Pizza: Poland and Croatia arm on target as sales surge in first quarter April 29, 2024 DP Poland, the operator of Domino's pizza stores and restaurants across Poland and Croatia, reported a rise in sales in the first quarter of the year.
Domino’s Pizza launches ambitious bid to ramp up sales and store openings by 2028 March 12, 2024 Domino’s Pizza has outlined plans to accelerate growth, eyeing 1,600 UK and Ireland stores delivering £2bn of system sales by 2028.
Domino’s shares spike as rating upgraded with potential for 360 more UK stores February 20, 2024 Shares in Domino’s Pizza were delivered a surprise boost this morning after analysts upgraded its rating on the stock, and encouraged the UK’s biggest pizza maker to expand.