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Domino’s reports overall growth sales Despite a significant decline in customer order numbers, the increase in performance was driven by higher prices.
takeaway Pizza The giant confirmed that the volume of pizzas sold has declined over the past three months, with higher prices having a direct impact on consumer demand.
The company, which operates 1,388 stores across the country UK And Ireland estimates that challenging market conditions will continue to depress order volumes through 2026.
Still, despite widespread weakness in the food delivery sector, executives described recent performance as “solid.”
Domino’s reported a 2.1 per cent increase in total system sales, reaching £382.7 million for the three months ending September 29 compared to the previous year.
Like-for-like sales also saw a 1 percent increase. However, the company reported a 1.5 percent year-on-year decline in order numbers for the quarter, which totaled 17.1 million.
This reduction was directly linked to a 5 percent increase in pricing compared to the same period last year.
Andrew Rennie, chief executive of the business, said: “We have delivered a solid Q3 performance with positive sales and operating momentum despite a continued challenging consumer backdrop.
“Our franchisees continue to lead the industry with fast delivery times and we continue to work with them to mitigate the impact of rising costs and any potential impact of the UK Budget on 26 November.
“We are on track to achieve our full-year profit expectations and I look forward to setting out our future plans at Investor Day in December.”
Mr Rennie said he was “really pleased” with the early results of the launch of his Chick’n’Dip brand in recent months.
shares Domino’s was down 2.4 percent on Tuesday morning.