DP Poland said sales grew in the third quarter, but the increase came from customers spending more per order rather than ordering more often.
All in all, the pizza maker delivered a fairly uninspiring update, and shares fell on Wednesday.
The operator of Domino’s Pizza in Poland and Croatia reported total system sales in Poland up 10.4% in the quarter, with like-for-like sales up 0.6%, a slowdown after a stronger first half, as higher average order values offset a 7.2% drop in like-for-like order numbers.
Trading was subdued in July and August before growth returned in September. Croatia grew strongly, with sales up 35%, helped by new store openings.
The company said it was pressing on with its shift to a franchise-led model, converting four more corporate stores to franchises in the quarter and taking franchised outlets to 42% of its network. It is targeting more than half by year-end. It is also working to integrate its acquired Pizzeria 105 estate and plans to launch a new customer app in the final quarter to lift order numbers.
DP Poland said its cash position was stable and that it expected full-year trading to align with market expectations.
DP Poland shares were 2% lower at the time of writing.