Internet sales boost Domino’s pizza profit February 15, 2012 PIZZA DELIVERY AND BANKING ARE LATEST TO JOIN THE DIGITAL PAYMENT REVOLUTION DOMINO’S Pizza UK & Ireland said a “breath-taking” surge in online sales and a recovery in the Irish market helped fuel a 14.6 per cent rise in full-year profits, beating City expectations. The pizza delivery company called 2011 “the year of the app”, [...]
US corporate results round-up October 16, 2012 Coca-Cola’s revenue misses Wall Street forecasts COCA-COLA reported quarterly revenue that came in short of Wall Street expectations yesterday, hurt by declines in Europe and Asia where it sold more lower-priced drinks. Third-quarter net income for Coca-Cola was $2.31bn (£1.43bn), up from $2.22bn a year earlier. Revenue rose one per cent to $12.34bn, while analysts [...]
Bank to update on UK lending September 23, 2012 THE UK corporate week begins with a busy day today, as a raft of companies update the market. Dairy Crest, Manganese Bronze, Qinetiq, Finsbury Food, Shore Capital, A.G. Barr, Brady and Petra Diamonds are all set to give reports. Tomorrow brings further company news from Albemarle & Bond, Close Brothers, and The Daily Mail and [...]
Best of the Brokers September 9, 2012 DIXONS Kate Calvert at Seymour Pierce has upgraded Dixons, owner of the Currys and PC World electronics chains, from “Hold” to “Buy” with a target price of 24p. The move is to reflect strong momentum in its core UK and Scandinavian businesses driven by “market consolidation and a strong innovation pipeline”. She says the firm [...]
THE TIPSTER | Rebuilding dominance September 24, 2012 AS TALK of a housing recovery gains momentum, investors may be looking to add growth-orientated stocks to their portfolio. Persimmon has seen tough times since the onset of the financial crisis, with shares falling from their peak above 1,500p. However, the house builder has added 67 per cent to its share price this year and [...]
Domino’s banks on Olympic boost July 23, 2012 DOMINO’S PIZZA’S chief executive said yesterday he expected the Olympics to provide a welcome boost in sales based on its experience of previous Games, as more people stay at home and order in. “Domino’s had a real uplift during the Sydney Olympics, especially during the opening and closing ceremony when lots of people are at [...]
Internet drives sales at Domino’s January 8, 2013 BRITONS ordering pizzas online from the comfort of their sofas helped drive a 20 per cent rise in sales at Domino’s to £174.5m. The group yesterday said online sales in the UK and Ireland jumped 56.6 per cent to £84m in the final 14 weeks of the year to 30 December. E-commerce now accounts for [...]
Strong online and mobile demand boosts Domino’s January 8, 2013 Pizza delivery firm Domino’s this morning reported strong sales growth over the final quarter of 2012, driven by strong growth in online and mobile sales. Sales over the 14 weeks to 30 December grew by 20 per cent to £174.5m, while over 2012 as a whole, sales were up by 12.7 per cent. Online sales [...]
High street and high-end shops to reveal holiday performances January 7, 2013 A HOST of retailers are due to give a glimpse of how they have performed over the key Christmas period this week. Marks & Spencer is expected to reveal a bruising set of numbers in its trading statement on Thursday. Nomura expects the high street giant to post UK like-for-like sales 1.4 per cent lower [...]
BEST of the BROKERS May 22, 2012 DOMINO’S PIZZA Liberum Capital has upgraded the pizza delivery company from “sell” to “hold” with a target price of 414p, and raises its full-year earnings per share by five per cent. The broker says Domino’s should benefit from the recent bad weather, and expects a strong trading update on 23 July. INVESTEC Numis rates the [...]