Domino’s new chief’s first 100 days marked by store expansions and Pizza collections November 9, 2023 In a clear consumer trend, collections had grown 8.4 per cent, while deliveries were down 6.3 per cent, as many fast-food lovers looked to save the pennies amid the cost of living crisis.
Domino’s franchisee to declare Russian business bankrupt August 21, 2023 The Russian arm of fast food chain Domino’s is likely to close after its London-listed parent company decided to put it into bankruptcy. Apparently failing to find a buyer for the Russian business, DP Eurasia said it has decided its subsidiary should instead file for bankruptcy. The franchisee runs around 170 Domino’s pizza sites in the country, and had previously said it was “evaluating its presence” there. The Russian economy has been hit [...]
Pizza Express and Wagamama show signs of recovery after private equity and pandemic struggles August 7, 2023 Wagamama, Dominos and Pizza Express are among a cluster of top restaurants in the UK which have seen their profits increase in the last six months, new research shows, as the market slowly shows signs of recovery. The combined profit of the top 100 restaurants in the UK rose from £19.9m in September 2022 to [...]
Domino’s Pizza delivers hot half year results as it opens 29 new stores August 1, 2023 Domino’s Pizza Group has benefited from a bleak winter with UK and Ireland stuffed-crust lovers staying in and ordering cheesy slices, as the chain adds more stores around the country. The pizza delivery company has reported a 19.6 per cent rise in revenue to £332.9m, up from £278.3m in the first half year ended 25 [...]
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 [...]
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 grabs slice of the action: Digital drive and World Cup orders help pizza maker shrug off inflation and recession fears March 9, 2023 Fast-food giant Domino’s Pizza pulled through 2022 relatively unscathed with marginally lower profit, as a partnership with Just Eat and the Football World Cup boosted orders. The pizza delivery favourite reported system sales of £1.46bn in 2022, slightly down from the previous year’s £1.49bn. Its group revenue was at £600m, up on last year’s £560m, [...]
Domino’s pins hopes on World Cup boost and Just Eat tie-up after VAT hit eats away sales November 10, 2022 Domino’s Pizza said this morning the company saw sales fall after a VAT hit and as it came up against last year’s boost from the Euro football tournament, but is eyeing a strong end to 2022 amid the upcoming World Cup. The UK and Ireland takeaway pizza giant saw like-for-like system sales, excluding so-called split [...]
Domino’s appoints former Burger King executive as interim chief September 27, 2022 Domino’s has announced today that Elias Diaz Sese will take over as interim chief of the firm in October as it hunts for a permanent replacement for outgoing boss Dominic Paul.
Domino’s Pizza UK franchisee posts subdued profit amid inflationary crunch August 2, 2022 Domino’s Pizza has taken a hit to pre-tax profit in the first half of the year thanks to the heightened costs of food. The London-listed company posted profit of £50.9m for the six months to 26 June, a 16 per cent drop in profit versus the previous year. The firm said it began passing on [...]