Domino's Pizza U.K.'s Outlook Is Promising -- Market Talk

Dow Jones
03-11

0915 GMT - Domino's Pizza Group's outlook is promising with a solid start to the new year against an uncertain economic environment, Shore Capital analysts Katie Cousins and Greg Johnson say in a note. The pizza chain's first ten weeks of trading has seen total system sales growth and increased orders, in line with current market expectations, they say. The pizza chain is the holder of the master franchise agreement to own, operate and franchise Domino's stores in the U.K. and Ireland. It expects Ebitda of 146 million euros, excluding the expected positive contribution from its Northern Ireland joint venture Victa investment, in which it now holds 70% of share capital, the analysts say. Shares are down 3.5% at 2832.80 pence. (helena.smolak@wsj.com)

 

(END) Dow Jones Newswires

March 11, 2025 05:16 ET (09:16 GMT)

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