All Domino's articles – Page 5
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NewsSteve Gotham: Recovering confidence and and accelerating growth in 2020
Encouragingly for most, MCA predicts that 2020 will see stronger net physical increases in store portfolios across the majority of leading operators.MCA’s Operator Data Index includes over 350 branded operators with five or more outlets at December 2019. These stretch across the full spectrum of the market and account for close to 27,000 outlets which claimed modest overall year on year growth of just under 1% in 2019. We are expecting this growth rate to double to 2% in December 2020, with over 500 net new outlets to open, equating to 11 per week.
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NewsOnline orders drive Dominos growth
Dominos UK has reported a 3.9% like for like sales growth for the 13 weeks to 29 December 2019, compared to the same period last year.
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Analysis & Insight
Goodbody on Domino’s Q4 update
We believe investors will begin to focus more keenly on the health of the core UK and ROI business given DOM’s decision to exit its International markets. For H219 we forecast +3.0% LFL sales growth ex-splits, and +1% incl splits, in the key UK division. At the Q3 stage UK LFL ex-splits was +3.0% (+1.4% incl splits) so we essentially expect a continuation of trends, although we would note the comp is more difficult in Q4 so the group will need a good finish to the year.
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NewsDomino’s chairman Hemsley resigns
Domino’s chairman Stephen Hemsley is stepping down from the board at the end of the year.
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NewsPapa John’s appoints business development director
Papa John’s has appointed Justin Gilbert as its new director of business development in the UK.
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OpinionAnalysts verdict: Berenberg on Domino’s
Despite improvement in its share price since its Q3 update last month, major challenges still remain for Domino’s Pizza, according to analysts Berenberg.
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OpinionTim Hortons: Power play
Tim Hortons may not be a household name in the UK yet, but if the QSR brand’s growth in North America is anything to go by, it soon could be. Georgi Gyton speaks to master franchisee SK Group’s chief commercial officer Kevin Hydes on its plans to steal market share.
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NewsDomino’s appoints NED in hunt for chairman
Domino’s Pizza Group has appointed Usman Nabi to the board as non-executive director and a member of the nomination committee.
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OpinionGoing Global – India: maker and destroyer of dreams
In his latest column Going Global column for MCA, international franchising expert Jasper Reid discusses the huge opportunities to be had in the country of contradiction – and why scale, and a long-term view, is key.
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NewsUS activist investor takes major stake in Domino’s
Los Angeles-based investment firm Browning West has taken a stake in Domino’s Pizza Group worth c.£70m.
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NewsPapa John’s appoints R&D director
Papa John’s has appointed Tom Allen to the newly-created role of R&D director for the UK.
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NewsAnalysts’ verdict: Goodbody on Domino’s
Domino’s decision to exit its international markets should be well received by investors, according to Rachel Fox, gaming and leisure analyst at Goodbody.
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NewsDomino’s delivers ‘solid’ performance
Domino’s has hailed a “solid” performance as it released a Q3 trading update for the 13 weeks to 29 September 2019.
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NewsDomino’s appoints new senior independent director
Domino’s has announced that former Greene King group finance director Ian Bull will succeed Helen Keays as senior independent director with immediate effect.
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NewsFormer Domino’s NED joins board at Intu
Steve Barber, a former non-executive director (NED) at Domino’s Pizza Group has joined the board at Intu in the same role.
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NewsUS franchise entrepreneur swoops on Wrap it Up
US restaurant executive and investor Aziz Hashim has bought a majority stake in World Gourmet Restaurants, the operator of grab and go franchise Wrap it Up!, MCA can reveal.
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OpinionAnalysts’ verdict: Berenberg on Domino’s
Following the publication of Domino’s first half results earlier this month, analysts from Berenberg share their thoughts on the challenges it faces.
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News
Domino’s CEO quits as profits plunge and franchisee row rumbles on
Domino’s CEO David Wild has announced his retirement after revealing pre-tax profits of £30.5m, a drop of 27%, for the first half of the year. Though group sales were up 4.7% to £645.8m, he also said the “complex” ongoing row with franchisees is leading to delays in new openings and impacting on standard working practices, and that any resolution would take “some time”.
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Analysis & InsightCleanliness next to goodliness?
Following reports by the BBC last month that food delivery platforms are undermining public trust by listing operators with poor hygiene ratings, MCA insight director Steve Gotham takes a look at the latest MCA Eating Out Panel data to find out how consumers view the cleanliness of their eating out experiences.
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NewsDomino’s line up Rennie as CEO
Domino’s Pizza Group is set to replace its chief executive David Wild, with Andrew Rennie, the chief executive for Europe at Domino’s Pizza Enterprises, Sky News reports.