Domino's UK And ROI System Sales Increase 4.4%
Domino's has released a trading update for the 13 week period that ended on December 29, 2019, which reveals that its UK and Republic of Ireland system sales rose 4.4% during last year's fourth quarte...
Domino's has released a trading update for the 13 week period that ended on December 29, 2019, which reveals that its UK and Republic of Ireland system sales rose 4.4% during last year's fourth quarter.
The pizza chain's Republic of Ireland system sales increased 2.6% in local currency and 0.9% on a reported basis. ROI like-for-like sales in local currency, excluding splits, were down 1%, and down 2.4% including splits.
Meanwhile, UK system sales were up 4.6%. The UK accounted for 94.4% of UK and ROI system sales overall. UK like-for-like growth, excluding stores in split territories, was 3.9%, and 2.6% including stores in split territories.
On an including splits basis, UK like-for-like orders were up 0.3%; items per order were down 2.4%; product mix impact was up 2.1%; and price was up 2.6%, which was a continuation of the trend seen through the first nine months of the year. The total number of UK orders during Q4 2019 was 17.3 million, which was 2.3% larger than the number recorded for Q4 2018. During last year as a whole, the number of UK orders increased 1.2% to 65.3 million.
Additionally, ROI online sales increased 11% during Q4 2019 while the UK saw an 8.3% increase in online sales.
In a statement on the company's website, Domino's CEO David Wild said, "I am pleased with the performance of our core UK and Ireland markets, with system sales up 4.4% and UK like-for-likes up 3.9%, against a strong comparative and a competitive backdrop. This performance was driven by the power of our brand, our strong digital capabilities and the operational expertise of our franchisee partners."
Domino's international system sales decreased 5% on a reported basis, and were down 1.4% in local currency, during Q4 2019.
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