All Domino's articles – Page 3
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NewsDomino’s: Collection and store openings to drive future growth
Domino’s has given more details on its strategic, operational and financial performance following the release of its first half results. While giving an update on the execution of its strategy the importance of driving its collection business was highlighted, something Domino’s sees as providing an incremental growth opportunity. Store openings will continue to be supported by changed franchisee incentives.
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NewsDomino’s ‘strong’ first half sales supported by VAT cut
Domino’s has delivered a “strong” performance for the first half of 2021, aided by reduced VAT, the Euros, an increase in orders and the chain’s own marketing activity. In the 26 weeks to 27 June 2021, UK and Ireland system sales grew 19.6% to £752.3m. Like-for-like system sales, excluding splits were up 19.3% (18.4% including splits). The chain warned that second half growth would be lower due to scheduled VAT increases.
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NewsDomino’s set to announce strong financials, suggests analyst
Domino’s adjusted profit before tax is expected to be up 10% to £52.4m, analyst Peel Hunt has predicted.
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NewsMcDonald’s and KFC rapidly expand delivery footprint
McDonald’s and KFC have both more than doubled their share of the total delivery market since 2019, Lumina Intelligence research finds.
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Analysis & InsightMixed reactions from analysts on Domino’s update
Domino’s like-for-like (lfl) sales and order growth in Q1 has been met with a mixed reaction from analysts.
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NewsDomino’s like-for-likes up 18.5%
Domino’s Pizza Group has reported periods of “exceptional sales”, with like-for-like system sales up 18.5%.
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NewsDomino’s sells Iceland business for £13.7m
Domino’s Pizza Group has agreed to sell its Iceland Business, Pizza Pizza, for about £13.7m to a consortium-owned investment vehicle.
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NewsLiberum on Domino’s
For Domino’s to unveil its strategic growth plans before a proposed deal with franchisees has been accepted raises questions, analysts at Liberum have said.
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NewsDomino’s plans 200 new stores
Domino’s has capitalised on its 20% share of the UK foodservice delivery market with 2020 sales up 11.4% to £1.3bn, and like-for-like sales growth of 10.3%.
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NewsDomino’s to dispose of Swedish business
Domino’s is to dispose of its Swedish business in order to focus on its operations in the UK and Ireland, following the exit from Domino’s Norway last year.
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NewsDomino’s appoints new NED
Domino’s has appointed Stella David as an independent non-executive director.
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NewsDomino’s UK appoints new CMO, merges digital and marketing teams
Domino’s UK has appointed former Costa chief growth officer Sarah Barron to head up its newly merged marketing, digital and communication team.
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NewsOnline sales soar at Domino’s
Online sales now account for 95% of sales in the UK, Dominos has said in its Q3 trading update.
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NewsDomino’s announces board appointments
Domino’s Pizza Group has appointed two new non-executive directors to its board, while made interim CFO Neil Smith’s role permanent.
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NewsJDW scheme ‘cheaper than McDonald’s’
JD Wetherspoon launches a ‘Stay Out To Help Out’ scheme today (Tuesday September 1).
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NewsDomino’s hails ‘resilient’ lockdown performance
Domino’s UK & Ireland has reported UK like-for-like sales up 4.8% for the half year to 28 June 2020.
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NewsBig fat stats put the obesity debate back on the menu
There are times everyone needs a juicy bacon cheeseburger, a big portion of chips, a three piece KFC, a pepperoni pizza, lots of chocolate, a few scoops of ice cream or some crisps. Not altogether obviously, that would be far too delicious. But individually, and as an occasional treat, where’s the harm? The trouble is the UK has long suffered from a lack of restraint. Couple that with our love of takeaways and a national diet rooted in stodgy classics and we have reached a point where the government estimates that 63% of adults in England are overweight or obese. It says one in three kids leaves primary school overweight or obese. Obesity related illness costs the NHS over £6bn every year. Those are big fat stats.
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NewsCMA’s decision on Amazon/Deliveroo deal ‘suffers from a critical flaw in logic’
The Competition and Markets Authority’s revised provisional findings that the Amazon/Deliveroo deal will not result in a substantial lessening of competition “suffer from a critical flaw in logic,” Domino’s has said.
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NewsDomino’s lfls up 6.1% in half year to date
Domino’s UK like for like sales were up 6.1% for the first half of the year to date.
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OpinionDominic Walsh: Rent, Landlords, and Wild Times at Dominos
For years, Domino’s Pizza was a cash machine for all involved. Management notched up some serious bonuses and incentives by delivering the goods year after year, while long-standing shareholders such as Nigel Wray and Colin Halpern, who is also the group’s vice chairman, coined it as the share price rose inexorably. Also happy were the franchisees, many of whom went from pizza maker to millionaire entrepreneur in as long as long as it took to establish their new shop – not a lengthy process in those days.