MARKET REPORT: Investors ditch Domino's shares as pizza sales cool despite firm claiming it is reaching new customers with Italiano range
Strong third-quarter figures from Domino's Pizza did nothing to whet investors' appetites.
Shares slipped after the business reported that UK sales jumped 10.5 per cent to £220.9million in the 13 weeks to September 25.
Sales in the year so far are up 14.7 per cent to £684.9million in the UK with other regions trading well too.
Yet while the results appeared strong, experts said shares slipped because investors have become used to stellar levels of growth from the business. This might now be easing off.
Domino's has increased its estimates for the number of UK stores it will open this year... read more
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