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Domino's sees 2025 sales up as FY profits rise on value offers
(Sharecast News) - Domino's Pizza delivered a 3.8% rise in underlying core earnings as customers tucked into special offers in store and online. The fast-food chain said underlying earnings before interest, taxes, depreciation and amortisation came in at £143.4m in the year to December 29 compared to a 53-week trading year in 2023.
"Although the UK economic environment remains uncertain, in the first 10 weeks of the year, our growth has been positive with total system sales up 2.4%, total orders +0.7% and like-for-like sales +0.7%," the company said on Tuesday.
"In the current environment we see an opportunity to drive further growth in collection orders in 2025 through value-based marketing campaigns."
"Our brand and market positioning continues to strengthen and we have a number of initiatives, from the next phase of our loyalty trial to exciting menu innovation, which will improve our customer proposition and drive growth in the system."
Domino's is targeting more than 1,600 stores delivering £2bn of systems sales by 2028 and 2,000 stores delivering £2.5bn of system sales by 2033.
The company held guidance for the current fiscal year and also named Ian Bull as its new chair, replacing Matt Shattock.
Reporting by Frank Prenesti for Sharecast.com
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