DOMINOS PIZZA UK&IRL

From January to June, Domino’s Pizza Group recorded positive like-for-like sales in every month, driven by about 3% volume growth and 2% price growth. The introduction of chicken products is complementing pizza orders and raising average order value, while franchisee profitability is improving. Margins were temporarily hit by one-off automation costs; visible benefits and lower labour costs are expected in the second half of the year. Management emphasizes disciplined capital allocation, maintaining the dividend, and aims to reduce net debt to 1.5x within two to three years. » Więcej na de.investing.com

Dominos Pizza Group is closing all ten outlets in Vienna and will end its activities in Austria at the end of May. An expansion beyond Vienna had originally been planned; when it entered the market in 2017, franchisee Daufood Austria mentioned at least 25 to 40 locations. The chain had already stopped its business in Italy in 2022 but, according to reports, remains successful and expanding in other markets. Food will continue to be offered in Vienna as usual through 31 May. » Więcej na finanzen.net

Domino's Pizza shares fell about 10% after U.S. domestic same-store sales rose just 0.9%, below the 2.3% StreetAccount estimate. The company lowered its full-year U.S. same-store sales forecast to low-single-digit growth, down from a prior 3% projection. CEO Russell Weiner cited winter weather, weak consumer sentiment and intensified promotions from rivals Papa John's, Pizza Hut and Little Caesars as headwinds, but said Domino's remains well positioned long term. » Więcej na cnbc.com