Some better trading news from Domino’s this morning. After a difficult first half when UK LFL sales softened to a flat showing, the Q3 update reveals a UK LFL showing of 6%. We were anticipating a 3-4% showing. This pick up was partly supported by a softer 3.9% comp, favourable weather and a more effective marketing campaign. Total UK sales were up 12.1% and group system sales ahead by 20.8%. Commentary on new store additions and the Nordics/Switzerland is reassuring also. Management is signalli ....
10 Oct 2017
N+1 Singer - Domino's Pizza Group - Strong Q3 update suggesting H1setback is being overcome
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N+1 Singer - Domino's Pizza Group - Strong Q3 update suggesting H1setback is being overcome
Domino's Pizza Group plc (DOM:LON) | 321 -1.9 (-0.2%) | Mkt Cap: 1,288m
- Published:
10 Oct 2017 -
Author:
Sahill Shan -
Pages:
3
Some better trading news from Domino’s this morning. After a difficult first half when UK LFL sales softened to a flat showing, the Q3 update reveals a UK LFL showing of 6%. We were anticipating a 3-4% showing. This pick up was partly supported by a softer 3.9% comp, favourable weather and a more effective marketing campaign. Total UK sales were up 12.1% and group system sales ahead by 20.8%. Commentary on new store additions and the Nordics/Switzerland is reassuring also. Management is signalli ....