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Dominos Pizza sees profit meeting market expectations amid 'strong' Q3 performance
StockMarketWire.com
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Pizza chain Dominos Pizza said it expected annual underlying profit to meet market expectations after reporting a 'strong' third-quarter performance as UK and Republic of Ireland sales rose by nearly a fifth.
'[W]e expect report full year underlying group PBT (pre-tax profit) in the range of £93m to £98m, in line with market consensus,' the company said.
In the 13 weeks to 27 September, UK and Republic of Ireland system sales were up 18.7% and like-for-like sales were up 17.5% year-on-year.
Online sales were up 35.6% and ROI online sales were up 18.0%. Online now accounted for 95.1% of delivery sales in the UK, the company said.
Delivery orders were up 11.8% as the company benefitted from the reopening of its collection business, it added.
UK system sales rose 19.6%, with like-for-like sales up 18.3% and Republic of Ireland system sales up 3.1% in local currency and like-for-like sales was up 2.0%.
Story provided by StockMarketWire.com
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