London · Delayed Price · Currency is GBP · Price in GBX Domino's Pizza Group Earnings Call Transcripts
Fiscal Year 2025
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Finished 2025 with strong momentum, gaining pizza market share despite a 13% market decline. Franchisee profitability outperformed expectations, food costs are lower for 2026, and new product launches like Chick ’n’ Dip are driving higher basket sizes and attracting new customers.
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Delivered 1.5% system sales growth and maintained strong free cash flow despite a challenging market, with digital and product innovation driving momentum. Expanded into the chicken segment and invested in supply chain and technology to support future growth.
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Q3 saw 2.1% sales growth and 1% like-for-like sales increase, with market share gains and strong franchisee profitability despite a tough consumer environment. Chick 'N Dip and automation investments outperformed expectations, and guidance for EBITDA and store openings remains unchanged.
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Despite a tough consumer environment, market share rose 560 bps and revenue grew 1.4% year-over-year, though EBITDA fell 7.4% and profit after tax dropped 14.7%. Guidance was revised down, but long-term growth ambitions and capital discipline remain intact.
Fiscal Year 2024
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Order count, like-for-like sales, profits, and dividends all grew in FY2024, driven by delivery and digital initiatives. Strategic investments in Ireland and supply chain automation support long-term growth, with positive early FY2025 trading and continued market share gains.
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Order growth and improved delivery service drove a 3% rise in system sales and higher franchisee profits, despite modest like-for-like sales growth. Store expansion continues, with a strong pipeline and digital initiatives like loyalty and Uber Eats supporting future growth.
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H1 2024 saw modest sales growth, improved delivery order momentum, and higher franchisee profitability, despite a tough start and lower supply chain revenue. Guidance for FY24 EBITDA is at the lower end of expectations, with strong H2 momentum and a GBP 20 million buyback announced.