UK Dominos Sales Growth Slows
Dominos Pizza Group reported slower third-quarter like-for-like sales growth as demand eased following a stronger previous period. Order growth also moderated, sending company shares lower despite maintaining full-year expectations.
Insights:
Domino's Pizza Group reported a 2.3% rise in third-quarter like-for-like sales on Wednesday, down from the previous quarter's pace. Shares fell as much as 6% following the slowdown across the United Kingdom and Ireland franchise network. The company maintained its full-year expectations despite softer order growth.
