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January 30, 2019

Domino’s Pizza UK reports £339.5m in Q4 group system sales

Domino's Pizza UK has reported £339.5m in group system sales for the fourth quarter (Q4) ending 30 December 2018, representing 5.8% in organic growth compared to £321.8m for the same period in the previous year. 

Domino’s Pizza UK has reported £339.5m in group system sales for the fourth quarter (Q4) ending 30 December 2018, representing 5.8% in organic growth compared to £321.8m for the same period in the previous year.

The chain reported a 6.2% increase in the UK and Republic of Ireland system sales to £312.9m, compared to £294.7m for the same period in the year before.

However, the restaurant company reported a 2% decline in international system sales to £26.6m compared to £27.1m for the same period in the previous year.

In addition, the fastfood chain reported a 4.5% increase in the UK like for like (LfL) sales and a 7.5% increase in Ireland LfL sales.

The company opened 25 new stores in the fourth quarter bringing the total count to 1,261 stores across the group. The company opened 59 stores across UK and Ireland in 2018 and created more than 2,000 jobs.

“The UK delivered food market is vibrant and we estimate that it will grow at a compound rate of 8% a year to 2022.”

Domino’s Pizza UK CEO David Wild said: “I’m pleased with the continued strong performance in the UK and Ireland, where we opened a further 59 stores.

“Our international businesses offer significant long term potential, but we have experienced growing pains this year, particularly in Norway, where we have faced business integration challenges.

“Looking ahead, we will invest further in robust teams and infrastructure in our newer markets, to create a solid platform for profitable growth.

“The UK delivered food market is vibrant and we estimate that it will grow at a compound rate of 8% a year to 2022. We aim to maintain our share of this market, thanks to over 30 years of experience in delivery, a leading brand, great-tasting pizza and superior franchisees.”

Furthermore, the pizza chain expects that there is potential for 1,600 stores in the UK.

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