Pizza on the menu as Dominos reports robust sales

Pizza delivery firm Domino's Pizza said it would hit full year earnings targets as it reported a robust final quarter of the year.

Pizza delivery firm Domino's Pizza said it would hit full year earnings targets as it reported a robust final quarter of the year.

The company said online sales continued to be 'the star of the show' as the group opened a record number of stores in 2012.

In the 14 weeks to 30th December sales grew by 20% to £174.5m, with like-for-like sales in its 612 UK 'mature' stores growing by 5%.

However, like-for-like sales in the Republic of Ireland were down in Euros by 3.8%, following a 0.9% drop the previous year.

Across the whole year sales increased by 12.7% to £598.6m, with like-for-like sales in UK stores growing by 5.0%.

Stores in the Republic of Ireland again took a hit, with sales down in Euros by 0.2%, although this was an improvement on the 4.4% drop in 2011.

Like-for-like sales for the year in the firm's two mature Berlin stores increased by 19.3% and 24.1%.

Total e-commerce sales for the period in the UK and the Republic of Ireland increased by 56.6% to £84.1m and online sales for the year were £268.6m, an increase of 46.3% on the previous year.

Online sales for the year accounted for 55.7% of UK delivered sales, up from 44.3%, with the company noting it had its first £2m e-commerce day in the UK and Republic of Ireland markets.

Sales for the year from mobile devices rose by 187% and now account for 19.7% of all online orders, up from 10.1% in 2011.

Recommended

Get healthy returns from these three healthcare stocks
Share tips

Get healthy returns from these three healthcare stocks

Professional investor Paul Major of the BB Healthcare Trust highlights three of his favourite healthcare stocks.
25 Oct 2021
Share tips of the week – 22 October
Share tips

Share tips of the week – 22 October

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
22 Oct 2021
Three dividend stocks from the dynamic Asia/Pacific region
Share tips

Three dividend stocks from the dynamic Asia/Pacific region

Professional investor Sat Duhra of the Henderson Far East Income investment trust highlights three of his favourite stocks.
18 Oct 2021
Share tips of the week – 15 October
Share tips

Share tips of the week – 15 October

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
15 Oct 2021

Most Popular

Properties for sale for around £1m
Houses for sale

Properties for sale for around £1m

From a stone-built farmhouse in the Snowdonia National Park, to a Victorian terraced house close to London’s Regent’s Canal, eight of the best propert…
15 Oct 2021
How to invest as we move to a hydrogen economy
Energy

How to invest as we move to a hydrogen economy

The government has started to roll out its plans for switching us over from fossil fuels to hydrogen and renewable energy. Should investors buy in? St…
8 Oct 2021
Emerging markets: the Brics never lived up to their promise – but is now the time to buy?
Emerging markets

Emerging markets: the Brics never lived up to their promise – but is now the time to buy?

Twenty years ago hopes were high for Brazil, Russia, India and China – the “Brics” emerging-market economies. But only China has beaten expectations. …
18 Oct 2021