Just had a small short @465.65

I wonder if the huge increase in the wheat price is going to affect DOM's next set of figures?

good thinking batman, though it is possible that they buy forward quite a lot of basics

The price of mozerella cheese has risen in the last 12 months.

So has the price of olives, pineapple, ham & sweetcorn, but the wheat based base represents 70% of a pizza's makeup! I think the only thing which has dropped in price is the cost of cardboard, so at least the box represents good value!

Reporting next week.
From Digitallook:
"Shares in pizza delivery firm Dominos Pizza have proved as popular with investors as the companys pizzas have with couch potatoes. The shares are up by two-thirds over the last year as the company has kept up its frenetic growth rate though the recent sale of 2m shares at 470p a time by director Nigel Wray may suggest that even the directors have been surprised by the companys strength throughout the recession."

Interim Management Statement.

The Company has continued to show strong growth during the period with like-for-like sales in 553 mature stores increasing by 9.9% (2009: 10.8% in 501 mature stores). Like-for-like sales for the year have risen by an impressive 12.5% (2009: 8.3%). This growth is particularly pleasing as it comes against tough comparatives from last year and the extremely successful Two for Tuesday promotion, which began at the start of the third quarter in 2009.

Next year these should be 1000p each.

StockMarketWire.com
Domino's Pizza UK & IRL announced today that system sales for the quarter to 26th December increased by 17.8% to 132.5m (2009: 112.4m). Like-for-like sales in its 553 mature stores grew by 10.3% for the period.

System sales for the year to 26th December 2010 increased by 19.2% to 485.3m (2009: 407.0m). Like-for-like sales in 553 mature stores grew by 10.3% for the period (2009: 8.6% in 501 mature stores), bringing like-for-like sales growth for the year to 11.9% (2009: 8.4%).

The Company has continued its strong expansion plans during the year and opened a record 57 new stores (2009: 55), including the first Domino's stores on the Isle of Man and the Isle of Wight. No stores were closed during the year, bringing the total number of stores in the system at the year end to 665 (2009: 608).

Domino's said it has continued to see excellent growth in e-commerce sales during the year, supported by the introduction of an iPhone ordering app and increased activity in the social media arena. Since its launch in September 2010, over 1m of sales in the UK have been taken through the iPhone app. E-commerce sales for the year in the UK and Republic of Ireland were 128m (2009: 78.5m), an increase of 63% (2009: 40.4%), and now account for 35.8% of UK delivered sales (2009: 27.8%). With the impending launch of an ordering app for android phones, these figures are expected to continue to rise.

The Company continues its policy of returning cash, which is not required in the business, to shareholders in the form of share buybacks and dividends. The total amount returned to shareholders during the year was 18.3m (2009: 18.1m). The Company acquired and subsequently cancelled 1.2m shares at a cost of 4.7m and a further 13.6m was paid out in dividends.

Mitzy: A bit optimistic. Goldman Sachs has a target of 750p

Another broker raised the target to 600p today its going well in the recent bad weather.

Great performance today people buying pizza because turkey is over-rated.

LOL!!! Maybe they are just bl**dy sick of eating leftover turkey.
I wonder if they will bring out a turkey pizza? Or maybe the chicken pizza is actually turkey. As it's 'barbecue chicken' no one can tell the difference.

lol Harry..

PRELIMINARY RESULTS FOR THE 52 WEEKS ENDED 26 DECEMBER 2010

DRIVEN TO DELIVER

Domino's Pizza UK & IRL plc ("Domino's", the "Company" or the "Group"), the leading pizza delivery company in the UK and Ireland, announces its results for the 52 weeks ended 26 December 2010.

Financial Highlights

-- System sales1 increased by 19.3% to GBP485.3m (2009: GBP406.9m)

-- Strong operational gearing drives operating margins to 20.2% (2009: 19.4%)

-- Profit before tax2 increased by 27.3% to GBP38.0m (2009: GBP29.9m), statutory profit before tax was GBP35.2m (2009: GBP41.0m)

-- Like-for-like sales3 in 553 mature stores up by 11.9% (2009: 8.4% in 501 stores)

-- Earnings per share2:

o Basic earnings per share up 25.7% to 17.36p (2009: 13.81p)

o Diluted earnings per share up 24.2% to 16.75p (2009: 13.49p)

-- Total dividend increased by 31.6% to 10.20p per share (2009: 7.75p)

-- 57 new stores opened in the year (2009: 55 stores) and none closed (2009: nil) resulting in a total of 665 stores at the year end (2009: 608)

-- Online system sales increased by 63.0% (2009: 40.4%) to GBP128.0m (2009: GBP78.5m) with online sales accounting for 35.8% of UK delivered sales (2009: 27.8%)

-- Strong cash generation with cash generated from operations of GBP41.0m (2009: GBP36.2m)

-- Adjusted net debt to EBITDA of 0.2:1 (2009: 0.5:1), illustrating our low financial leverage.

Why the 5% fall...?

usual "sell on news" .... it really is a cracking company and must reinstate on my watchlist .... my only concerns are the deepening recession in UK, though I would hope to see daylight by year end, and the increasing prices of wheat and other essential pizza commodities

the chart currently looks somewhat "unfortunate", but if you see 460 (rising 200 dma) then i would have thought a good place to get in - if not earlier

Cynic

Did you read my email ?

saw yours re RKH very belatedly - is there subsequent?

460p could be a good entry point.