Domino’s exits Swedish market to focus on core UK and Ireland business March 8, 2021 Domino’s has disposed of its Swedish business as it progresses with its strategy to exit international markets in order to focus on its core UK and Ireland operations. The pizza chain announced this morning it has sold its entire shareholding in PPS Foods – also known as Domino’s Sweden, to minority shareholder Eyja fjárfestingafélag. Domino’s [...]
Revealed: The most-shorted UK stocks in the current volatile Covid-19 era July 13, 2021 New data from the London Stock Exchange and crunched by ETP provider GraniteShares shows the most-shorted UK stocks include some of the supposed "winners of lockdown": supermarkets and food delivery companies.
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 takeaway: Pizza chain announces £20m share buyback as UK sales soar May 4, 2023 UK consumers shrugged off inflation and a cost of living crisis to order more pizza, according to UK and Irish-based chain Domino’s. The fast food chain said sales increased to £386.6m across its branches, up 5.6 per cent compared to the same period last year. Quarterly orders at Domino’s Pizza group grew 2.8 per cent [...]
Domino’s Pizza appoints experienced Aus boss as as new chief: ‘A textbook definition of a safe pair of hands’ July 13, 2023 Domino’s Pizza has appointed a new chief executive, bringing in the chain’s Sydney-listed head for over two decades. Andrew Rennie will get a slice of the action right at the top, having previously been its chief in France and Belgium, Australia and New Zealand, and most recently, Europe, which includes its ‘master franchise agreements’ in [...]
Greggs reports bumper sales growth as consumers snap up iced drinks May 14, 2024 Greggs has continued to grow in the first few months of 2024.
Domino’s bolsters board with media executive following ‘transformational year’ March 28, 2022 Domino’s has bolstered its board with a media executive, following a “transformational year” for the pizza chain. Former chief strategy officer of Dow Jones & Company Tracy Corrigan will join the board as an independent non-executive director at the beginning of May. Corrigan, previously digital editor of the Financial Times and the Wall Street Journal, [...]
Slice of VAT: Domino’s Pizza’s UK sales drop as budgets tighten May 5, 2022 Domino's reported VAT hikes taking a slice of the pizza this morning, with UK & Ireland system sales down 1.5 per cent in the first quarter to £365.9m.
Mining and retail stocks push FTSE 100 into the green after Christmas shopping boost December 29, 2022 The FTSE 100 has been given a boost by its top retail stocks as investors cashed in on the post-Christmas sales shopping, and as China is set to ease its Covid restrictions for inbound travellers from January 8. Among the top performers on London’s leading index on Wednesday were JD Sports Fashion, Next, Kingfisher and [...]
Lockdown takes a slice out of Domino’s Pizza profits June 17, 2020 Domino’s Pizza has forecast that the cost of measures introduced during the coronavirus lockdown will push down profit for the first half of the year, despite an increase in people ordering in over the period. The company said the costs stemmed from halting two-person deliveries, keeping stores closed during restocking, contact-free delivery boxes, and issuing [...]