Domino’s Pizza (LON: DOM) has tough comparatives for this year’s trading and the delivery market is slowing. The pizza company’s interims are due on 2 August. This should provide some indication of how trading is faring.
Domino’s Pizza has been withdrawing from its overseas businesses so that it can concentrate on its core UK business. It is estimated that like-for-like UK sales could be up to 9% lower in the second quarter
Peel Hunt trimmed its 2022 pre-tax profit forecast to £109.7m, down from £113.9m in 2021. This reflects higher costs and the potential slowing of volumes.
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