Company
LON:DOM
Domino's Pizza holds the master franchise to own, operate and franchise Domino's Pizza stores in the UK and Irish markets. There are over 500 Domino's Pizza stores in a growing number of towns and cities throughout England, Scotland, Wales and Ireland.
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At 3.15pm, the UK benchmark index was down 64 points at 7,325, above the session low of 7,296.49 but still set for its worst week in nine months having dropped nearly 250 points in the last three sessions of the week
Domino's has a challenging road ahead as UK consumer confidence weakens on rising inflation and as competition in the takeaway ordering market mounts
Domino’s described its first half showing as “strong” against a “more uncertain economic environment” - the City would probably query that analysis
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The agenda for Tuesday is distinctly summery, albeit PZ Cussons is among a few features in the books.
Investments and investor services
The FTSE 100 index was closed up 10.37 at 7,367 on Wednesday
Consumer spending has proved softer than expected while food price rises will impact on the profitability of the group’s franchisees.
Domino's may no longer need its pizza delivery staff in future as it begins using robots to send food to customers' doors in Europe
Domino’s Pizza Enterprises is partnering with start-up firm Starship Technologies, a firm building a fleet of autonomous robots designed to deliver goods locally.
The top City broker has downgraded the pizza delivery giant to ‘neutral’ from ‘buy’
Investments and investor services
Around 3.30pm, the FTSE 100 index was up almost 28 points at 7,371, just below the day’s best level of 7,376, having only hit a low of 7,342
Peel Hunt has moved from 'add' to 'hold' as Domino's astounding sales growth rate finally shows signs of slowing
Some of the largest rises and falls in London at 3.30pm: Regency Mines, Morrisons, Vipera
Is the pizza delivery king reaching saturation point in the UK?
FTSE 100 stocks bagged a net loss on Thursday after supermarket chain WM Morrison fell on an uncertain outlook
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The FTSE 100-listed food retailer reported a 2.9% increase in its like-for-like sales, for the first nine weeks of the fourth quarter - its best performance in seven years.
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The Chancellor of the Exchequer may have a lower debt burden to deal with than he was expecting at the time of the Autumn Statement but he is unlikely to splurge
In New York, the US blue chip index was up over 150 points to 20,064, the first time it has exceeded the psychologically significant 20,000 level in intraday trading.
