So they've decided to exit their international efforts. The entire Domino's board should be fired immediately for their incompetence and failure.
Not a holder. |
Well received :-) |
Share price increase approximately equal, in percentage terms, to the increase in EPS due to the binning of the international business. It’ll be interesting to see where it goes from here |
Market loves it! |
UK steady as you go, ROI previously strong, not so this time... UK LFL 1.4% excluding splits - so it’s a pretty mature business in the UK, with each new restaurant eating into the old once food price inflation is accounted for (3%). So, what do you want to pay for that business 14 to 16 times earnings? Looks expensive to me. I’ll bet on a down day |
Could go either way Gabster. I would lean towards positive. The institutions say they look forward and clearing the decks should be popular. At the end of the day the UK and Ireland business is pretty solid and dominant in the market. Downsides, need to find CEO and Chair, continuing dispute with franchisee, and of course the size of hit on International is as yet unknown. |
Q3 Trading Update:
Group system sales up 3.4%
Solid UK & ROI performance; system sales growth 3.9%
UK system sales up 3.9%; LFL sales excluding splits up 3.0% (1.4% including splits)
ROI system sales up 2.4% in local currency; LFL sales excluding splits down 0.7% (down 1.7% including splits; both local currency)
12 stores opened in UK & ROI in Q3 (UK: 9; ROI: 3)
UK online sales up 7.2% and ROI online sales up 9.9%. Online now accounts for 90.9% of delivery sales
International: Review of International markets concluded; the Board has decided to exit the markets in an orderly manner
Huge impairment coming up on international, this will boost EPS but plunge the balance sheet into negative book value.. let's see how the market reacts. |
 Broker tips: Domino's Pizza
Analysts at Liberum don't see much changing in the immediate future for Domino's Pizza, expecting its weak performance of late to carry on throughout the third quarter despite easier comparatives.
The broker said inertia exists with regards to Domino's row with franchisees, which has worsened to such an extent that franchisees were now refusing to do national campaigns which may be to their own detriment - indicating the scale of the challenge ahead.
"If however, trading has not been impacted by this boycott, raises the question why the Plc should run the NAF and do group marketing," said Liberum, which reiterated its 'sell' rating on Domino's.
"Short term we are concerned about elevated debt levels. While a disposal of International would remove P&L losses, stem cash outflow and deliver +7% EPS this would not provide any impetus for us to change our investment case stance."
Liberum noted that a new chief executive and chairman would be received well, but their effect may be "limited by time", the potential scale of a reset and their ability to get the franchisees to the negotiating table. |
I used to trade DOM but haven't touched them for a year or two as their Finance directors keep resigning. |
Q3 Trading Statement due 17 Oct. hope it's good news! |
Ha ha Ian, no honestly no vans with livery on just cars with beacons on top. |
Luderitz.
Its just you. If you are seeing cars driving around with Dominos beacons on top, it may be time to see the Doctor. Maybe a biblical vision, time to buy. |
Is it just me or have they stopped using their own cars in favour of ordinary cars with a Domino beacon on top?
I don’t hold at the moment. |
'Domino’s struggles as rival delivery services threaten to topple it'
It used to be the go-to chain for couch potatoes, but consumer habits are changing with the rise of Deliveroo and Just Eat |
Interesting story re: Pizza Express having to hand over 2.23 for every 13.00 pizza it sells, just to cover its debt interest.
Also, changing tastes. |
Just saying. Sometimes we all get tared with the same brush...
robinnicolson8 Oct '19 - 14:28 - 3264 of 3271
0 0 0
Why the link to results from Domino's Pizza USA? |
Domino's Pizza Group was down 1.9% after Jefferies started the firm with an Underperform rating.
Alliance News |
225p IMO chartwise
free stock charts from uk.advfn.com
dyor |
buywell3 5 Feb '19 - 21:33 - 3149 of 3268 Edit
Blimey
Don't like the look of this chart just now
Another new topping needed but quick
To stop the bottom channel getting hit
Something fishy with lots of garic
In my opinion would do the trick
They should be buying back these at 200p
Special offer price buy one get one free |
Competition from third party delivery services such as Deliveroo have been reflected in DOM's current market cap. for some time. |
Given current woes are due to European expansion, "competition from third party delivery services" is another headwind to factor in to DOM's future. |
Why the link to results from Domino's Pizza USA? |
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