UK's Domino's Pizza reports 4.5% quarterly like-for-like sales growth (updated)

Domino's Pizza

23/04/2026 08:07

Adds share move in paragraph 2, analyst comment in paragraph 7, background and details throughout

April 23 (Reuters) - UK's Domino's Pizza Group DOM.L recorded on Thursday a first-quarter like-for-like sales growth of 4.5% as underlying demand improved and newer products gained traction, helping offset a challenging consumer backdrop.

Shares of the company were up 3.6% at 190 pence at 0702 GMT.

Domino's UK, which appointed a new CEO in late March, has been betting on fried chicken lately as the pizza industry has struggled with slowing demand, even with eye-catching offers for customers.

The initial trading performance of the CHICK 'N' DIP range has met expectations, Domino's said.

The chain, which operates under the umbrella of U.S.-based Domino's Pizza DPZ.O, said its costs are hedged for the current financial year with some covered into 2027.

The firm does not expect any supply-related issues due to the Iran war that has upended global supply chains and raised energy costs.

Analysts at RBC Capital Markets said that the company has had a "positive start" to the year, with the upcoming FIFA World Cup expected to provide a boost in the second and third quarters.

 (Reporting by Rishab Shaju in Bengaluru; Editing by Rashmi Aich and Mrigank Dhaniwala)

 ((Rishab.shaju@thomsonreuters.com ; +91 9048142177))