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Domino's Pizza - Forecasts raised in spite of rising costs

January 2008

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • DOM
  • Price:
  • 170p
Ahead of an analyst trip, Domino’s Pizza has issued a trading statement that noted another cracking performance with system sales up 22.5% and like for like sales, for its 404 mature stores, increasing 14.2% for the 13 weeks to 30 September. Taking the longer period of 39 weeks the figures were 23.5% and 14.6% respectively, with growth being driven by a continuing focus on service and a "back to basics" marketing campaign that focused on its best selling pizza "the Pepperoni Passion". Slightly more disappointing was that Domino’s has had to absorb an additional £450,000 in costs due to rising mozzarella prices. Meanwhile, the company has continued its expansion program with the opening of 10 ...

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