All Domino's articles – Page 4
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NewsVAT and inflation drag on Domino’s
Underlying profit before tax was £50.9m during the first half, down £9.9m, with the full impact of cost inflation not expected to be seen until the second half
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NewsDomino’s appoints new CFO
Edward Jamieson is expected to join the pizza delivery company and its board of directors in October 2022, replacing current interim CFO David Surdeau
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Analysis & InsightDelivery fees could provide respite for Domino’s
The majority of franchisees are now charging fees ranging from 99p to £2.50 but it is unlikely to have a major impact on demand, analyst Berenberg believes
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NewsDomino’s reports strong trading in first quarter
The pizza operator credited its integrated supply chain, new openings and first national price campaign in several years for driving sales growth
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NewsDomino’s names new non-exec
Domino’s Pizza Group has appointed Tracy Corrigan as an independent non-executive director, with effect from 5 May 2022.
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NewsDomino’s hails transformational year
Having reached a resolution in a dispute with its franchisees, the pizza group has increased its medium-term expansion targets to exceed 200 new stores
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Analysis & InsightRestaurants debut new planted-based dishes as Veganuary returns
With the UK’s appetite showing no signing of abating, MCA rounds-up some of the latest vegan innovations to hit menus this month.
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NewsDomino’s ends long-running franchisee dispute
The resolution will see Domino’s spend £20m on digital enhancements, in return for at least 45 new store openings a year
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NewsDomino’s UK founder steps down from board
Colin Halpern brought Domino’s to the UK and Ireland when he acquired the master franchise agreement in 1993
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NewsDomino’s appoints interim CFO
The pizza group has appointed David Surdeau as interim chief financial officer with effect from 17 November 2021
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OpinionDominic Walsh: A game of marginal gains
Although progress has been slow, under CEO Dominic Paul there has been some improvement in the “explosive relationship” with Domino’s and its biggest franchisees
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NewsDomino’s recruits 8,000 more staff as it delivers 'strong quarter'
The Q3 trading update reports underlying like-for-like sales growing by 6.4%.
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NewsDomino’s completes share buyback
Domino’s Pizza Group has completed its £45m share buyback programme announced on 9 March 2021.
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NewsDomino’s reaches agreement on Swiss business
Domino’s Pizza Group has reached an agreement to sell its entire shareholding in Domino’s Pizza GmBH – its Swiss business – for a consideration of CHF 0.3m (approximately £0.2m).
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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%.