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Domino's Pizza sees slow start in second quarter

Domino's said like-for-like sales on a comparable basis were down 0.5%, with orders down 0.8% for the 13 weeks ended on March 31
Domino's said like-for-like sales on a comparable basis were down 0.5%, with orders down 0.8% for the 13 weeks ended on March 31

Domino's Pizza Group said today that the second quarter started off slower than the same time last year after it reported a dip in sales and lower orders in the first quarter.

The company, which operates and franchises Domino's stores in the UK and Ireland, said like-for-like sales on a comparable basis were down 0.5%, with orders down 0.8% for the 13 weeks ended on March 31.

Delivery orders were down 5% in the first quarter, although Domino's expects the delivery market to return to growth in the full year.

Domino's had curbed marketing spending in January to support the launch of a loyalty programme and other initiatives resulting in a slower start to the first quarter.

Sales, however, witnessed a positive growth in February and March despite an uncertain market, the company added.

The group reiterated its underlying core profit forecast for the year within the current mean range of £144.3m to £151.8m.